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$725,000
16 Days On Site

12020 Edgewood Avenue SW
Lakewood, WA 98498

For Sale|Quadruplex|Pending
0
Beds
0
Full Baths
0
Partial Baths
2,728
SqFt
$266
/SqFt
1955
Built
Cumulative Days On Market:
15
Subdivision:
Lake City
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Gervon Simon of COMPASS
Call Now: (360) 219-9514
Is this the home for you? We can help make it yours.
(360) 219-9514
12020 Edgewood Avenue SW12020 Edgewood Avenue SW12020 Edgewood Avenue SW12020 Edgewood Avenue SW
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Monthly Payment (Est.)

$3,308
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Fully renovated, vacant, separate electric meters, ready to go! This Lakewood 4plex is a unicorn! You don't have to deal with existing tenants or renovations, just close and gain full control! Minutes to JBLM, this property is highly rentable. With a new roof, interior units updated with LVP flooring, countertops, bathroom vanities, and appliances, this is a worry-free investment. Whether you're looking for a house hack with a VA, FHA, or conventional loan, or you're an investor looking to add to your portfolio, this is a rare opportunity. Listed at a 7.4% cap rate, this is the best deal available and you can achieve a higher cap rate if you implement RUBS. Washer/dryer are shared and you can implement coin-op for additional income.

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Listing Snapshot
Price 
$725,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,728 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4132 Acres
Year Built 
1955
MLS® Number 
2352212
Status 
Pending
Property Tax 
$7,352.41
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Pending
2 weeks agoListing first seen on site
General Features
Acres 
0.4132
Additional Property Use 
Multi-Family
Foundation 
Slab
Number Of Stories 
1
Parking Spaces 
7
Property Sub Type 
Quadruplex
SqFt Total 
2728
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Multi-Family
Interior Features
Flooring 
HardwoodLaminate
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Vinyl SidingMetal Siding
Lot Features 
Corner LotPaved
Roof 
Composition
Community Features
Financing Terms Available 
Conventional
MLS Area 
38 – Lakewood
School District 
Clover Park
Schools
School District
Clover Park
Elementary School
Lake Louise Elem
Middle School
Buyer To Verify
High School
Lakes High
Courtesy of NWMLS
Listing courtesy of Gervon Simon of COMPASS



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-04-19 07:05 AM PDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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