Property Details
6801 -6803 Steilacoom Boulevard SW, Lakewood, WA 98499-2155
Lakewood, WA 98499
$620,000
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About This Home
This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Gravelly Lake
Listed
Mar 10, 2026
Original Price
$630,000
Interior Features
Bathrooms
0.0
Stories
1
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1951
Exterior Materials
Brick, Cement Plank
Sewer
Available
Lot Features
Corner Lot, Sidewalk
Exterior Features
Brick, Cement Planked
Location
City
Lakewood
County
Pierce
Coordinates
47.17666, -122.52779
Schools
School District
Clover Park
Elementary School
Custer Elem
Middle School
Lochburn Mid
High School
Clover Park High
Additional Information
Tax Year
2025
Annual Taxes
$5,382
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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