8701 72nd Avenue Ct SW, Lakewood, WA 98499
- $635,000
- 2,870
- SqFt
Listing courtesy of RE/MAX Northwest.
- List Price
- $635,000
- Status
- ACTIVE
- MLS#
- 2534085
- Price Change
- ▼ $14,500 1782969047
- Days on Market
- 45
- Style
- 52 - Duplex
- Finished SqFt
- 2,870
- Area Total SqFt
- 2870
- Annual Tax Ammount
- 6177
- Lot Size (sq ft)
- 12,196
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a well-maintained duplex tucked against a peaceful greenbelt/wildlife corridor, offering a unique blend of privacy, nature, & income potential. Backing to a year-round creek and protected natural surroundings, this property provides a serene setting where deer and local wildlife are frequent visitors. ** The upper residence offers a spacious and thoughtfully updated layout with 2 bedrooms, an office, decorative fireplace, in unit laundry room w/W/D hookup + 1.5 baths w/private deck. Upgrades include granite countertops, newer cabinetry, laminate flooring, beautiful porcelain tile, vinyl windows and hot water heater (2024). ** The lower residence includes 2 bedrooms and 1 bath with fireplace, extra large in unit laundry w/W/D hookup, private patio, plus new hot water tank and new kitchen appliances (2024). Each unit has its own garage and access to the tranquil natural setting beyond. ** Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage with rental income, this duplex offers flexibility + long-term value. Live in one unit while generating income from the other, or add a solid performer to your investment portfolio. New interior / exterior paint, 2024 new roof. ** Ideally located near Lake Steilacoom, shopping, dining, parks, and Lakewood Towne Center. A rare combination of nature, functionality, and investment opportunity in a well kept neighborhood. Must see this beautiful, turnkey duplex!
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Additional Information
- List Date
- 2026-06-11 18:28:10
- Community
- Lakewood
- Net Operating Income
- $28,503
- Gross Adjusted Income
- $43,101
- Gross Scheduled Income
- $43,980
- Total Monthly Income
- $3,665
- Insurance Expenses
- $2,978
- Water/Sewer/Garbage Expenses
- $3,696
- Gross Rent Multiplier
- 14
- Total Expenses
- $14,598
- Cap Rate
- 6.5
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 8701
- Potential Terms
- Cash, Farm Home Loan, FHA, VA Loan
- Year Built
- 1967
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio
- Electric Expenses
- 450
- Other Expenses
- 1297
- Energy Source
- Electric, Natural Gas, Wood
- School District
- Lakewood
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,665
- Gross Scheduled Income
- $43,980
- Vacancy Rate
- 2
- Gross Adjusted Income
- $43,101
- Tax Year
- 2026
- Insurance Expense
- $2,978
- W/S/G Expenses
- $3,696
- Total Expenses
- $14,598
- Net Operating Income
- $28,503
- Gross Rent Multiplier
- 14
- Cap Rate
- 6.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.