11213 Kline Street Sw, Lakewood, WA 98499

Local realty services provided by:RSVP Real Estate ERA Powered
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Listed by:peggy kellogg
Office:targa real estate services inc
MLS#:2350146
Source:NWMLS
11213 Kline Street Sw,Lakewood, WA 98499
$1,125,500
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,125,500

About this home

Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM, and Lakewood Transit Station. This turnkey property offers strong cash flow and excellent investment potential in a sought-after neighborhood. Don’t miss out—properties like this move quickly!

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Home facts

  • Year built:1940
  • Listing Id #:2350146
  • Updated:August 08, 2025 at 12:17 AM

Heating and cooling

  • Heating:Baseboard, Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1940
  • Lot area:0.62 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,125,500
  • Tax amount:$7,885 (2025)
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