Property Details
9212 33rd Avenue Ct S
Lakewood, WA 98499
$399,999
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Property Overview
Fantastic opportunity to own a triplex in Lakewood! Each unit features 1 bedroom and 1 bathroom, making this an excellent entry-level multifamily investment. Priced to reflect the need for some TLC, the property offers strong value-add potential. Situated on a large lot with possible future development opportunities. Buyer to verify all information and development potential to their satisfaction.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Lakeview
Listed
Aug 4, 2026
Structure Type
Triplex
Parcel Number
9011510020
Tax & HOA
Annual Property Tax
$3,538 (2026)
Est. Monthly Tax
$295/mo
HOA Fee
$60/monthly
Financial Summary
Cap Rate
4.00%
Net Operating Income
$17,262
Gross Scheduled Income
$22,800
Gross Rent Multiplier
17.54
Total Expenses
$5,538
Vacancy Rate
33.0%
Building & Use
Building Sq Ft
1,290
Leasable Area
858 sqft
Total Units
3
Lot Size
15,869 sqft
Year Built
1956
Exterior & Lot
Lot Size
0.36 sqft
Year Built
1956
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood, Wood Products
Community & Access
Directions
GPS friendly
Location
City
Lakewood
County
Pierce
Coordinates
47.17316, -122.48026
Additional Information
Tax Year
2026
Annual Taxes
$3,538
Possession
Array
Based on information submitted to the MLS GRID as of August 12, 2026 11:00 PM. 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.
