Property Details

11002 Idlewild Rd SW

Lakewood, WA 98498

$2,100,000

Available

CBA# 713981 courtesy of CBA Listing firm: Keller Williams Realty Tacoma

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Commercial

Property Type

6,240

Bldg Sq Ft

Units

1955

Year Built

Property Overview

Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a strai