$599,900
8601 8603 Maple Street SW, Lakewood, WA 98498
2,365 Sq Ft
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MLS #2544520 / Listing provided by NWMLS & COMPASS.

$599,900

8601 8603 Maple Street SW
Lakewood, WA 98498

Active 21 hours ago
2,365
Sq Ft
$254
Per Sq Ft
1922
Year Built

Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0
  • Possible Bedrooms: 3

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 6
  • Total Uncovered Parking Spaces: 6

Structure

  • Roof: Composition
  • Exterior Features: Wood, Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Corner Lot, Paved, Sidewalk
  • Acres: 0.3122
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Clover Park

Lot Details

  • Lot Features: Corner Lot, Paved, Sidewalk
  • Acres: 0.3122
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric, Natural Gas
  • Power Company: PSE

Water, Sewer, and Garbage

  • Sewer Company: Septic
  • Sewer: Septic Tank
  • Water Company: Lakewood Water
  • Water Source: Public
  • Water, Sewer, and Garbage: 0
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