9615 121st Street SW, Lakewood, WA 98498 | 1835624 | Prime Alliance Real Estate Services

9615 121st Street SW $425,000

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    9615 121st Street SW Lakewood, WA 98498

    • 0 Beds
    • 0 Baths
    • 1,584 sq. ft.
    • Multi-Family
    • Listing# 1835624
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    Views: 13 Days On Site: 35

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    Property Details

    Nice duplex in a good area of Lakewood. Long term tenants with below market rents. Great investment. This property will give you the cash flow that you are looking for. Well built units. Both units are no on month to month so you can raise the rent to market rents. Cap rate and gross rent multiplier are skewed due to the below market rent.

    • General Features
      • County Or Parish Pierce
      • Furnished Unfurnished
      • Leasable Area 1584
      • Leasable Area Units Square Feet
      • New Construction Y/N No
      • Property Sub Type Multi-Family
      • Special Listing Conditions None
      • Style Code 52 - Duplex
      • Subdivision Name American Lake
      • Tax Annual Amount 4177
      • Tax Year 2021
      • Year Built 1975
    • Building Features
      • Building Area Total 1584
      • Building Area Units Square Feet
      • Exterior Features Wood
      • Flooring Vinyl, Carpet
      • Foundation Details Poured Concrete
      • Heating Y/N Yes
      • Living Area 0
      • Living Area Units Square Feet
      • Roof Composition
    • Property Features
      • Carport Spaces 0
      • Carport Y/N No
      • Covered Spaces 2
      • Irrigation Water Rights Y/N No
      • Lot Features Paved
      • Lot Size Acres 0.2755
      • Lot Size Dimensions 99x121x99x121
      • Lot Size Square Feet 12000
      • Lot Size Units Square Feet
      • Open Parking Spaces 4
      • Open Parking Y/N Yes
      • Parking Total 6
      • Sewer Sewer Connected
      • Utilities Cable Connected,High Speed Internet,Sewer Connected,Electricity Available
      • View Y/N No
      • Waterfront Y/N No
    • Schools
      • Elementary School Buyer To Verify
      • High School Buyer To Verify
      • High School District Clover Park
      • Middle Or Junior School Buyer To Verify

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    Neighborhood

    98498 (Lakewood) Demographics

    40 Median Age
    3,001 Population Density (per sq. mile)
    42% College Educated
    $67,201 Estimated Median Income
    6,658 Estimated Total Home Owners
    4,619 Estimated Total Renters
    59% / 41% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    28,754 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $500,000 Median Sales Price
    50 Homes Sold
    44 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $425,000
        10/6/2021 1:34:04 PM Status Changed Source: Multiple Listing Service New Value: Pending
        10/5/2021 11:03:58 AM Status Changed Source: Multiple Listing Service New Value: Active
        9/21/2021 3:33:57 PM Status Changed Source: Multiple Listing Service New Value: Pending
        9/10/2021 10:05:00 AM New in Database Source: Multiple Listing Service New Value: $425,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

        This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.