Property Details
6715 Steilacoom Boulevard SW
Lakewood, WA 98499
$349,000
Pending Short Sale
Schedule a Showing
Select your date preference
Request More Info
1 / 15
Property Overview
**HUGE Price Reduction!!**Turnkey duplex featuring two 1 bed / 1 bath units — both well-maintained and fully rented. Each side offers quality paint, flooring, windows, roof, and appliances. Tenants enjoy ample parking and convenient access to Lakewood Town Center, Clover Park College, and JBLM. Prime location with strong rental demand and easy access to I-5 and Hwy 512. A solid, low-maintenance addition to any rental portfolio.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Short Sale
County
Pierce
Neighborhood
Lakewood
Listed
Oct 4, 2025
Original Price
$399,950
Structure Type
Duplex
Parcel Number
0220344019
Tax & HOA
Annual Property Tax
$4,129 (2025)
Est. Monthly Tax
$344/mo
Financial Summary
Cap Rate
4.80%
Net Operating Income
$19,151
Gross Scheduled Income
$24,780
Gross Rent Multiplier
16.14
Total Expenses
$5,629
Building & Use
Building Sq Ft
1,176
Leasable Area
1,176 sqft
Total Units
2
Lot Size
14,000 sqft
Year Built
1941
Exterior & Lot
Lot Size
0.32 sqft
Year Built
1941
Exterior Materials
Wood
Parking
RV Parking
Sewer
Septic Tank
Water Source
Public
Lot Features
Paved
Exterior Features
Wood, Wood Products
Community & Access
Directions
From South Tacoma Way / West on Steilacoom Blvd SW / Duplex will be on your right just before Custer Rd SW.
Location
City
Lakewood
County
Pierce
Coordinates
47.17673, -122.52709
Additional Information
Tax Year
2025
Annual Taxes
$4,129
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
