Opportunity is knocking with this fully rented duplex boasting an impressive 8% cap rate and room for future expansion. Perfectly situated just half a mile from the picturesque shores of American Lake, near JBLM, Harry Todd Park, and minutes from I-5, this corner-lot property offers a newer roof and a fully fenced yard. Inside, the main unit features 3 bedrooms plus a bonus room and 1 bath, while the second unit provides a cozy 1 bedroom and 1 bath. Whether you're a seasoned investor or just starting to build your portfolio, this cash-flowing gem pairs convenience with unlimited potential. Don't let this incredible opportunity pass you by"”schedule your showing today!
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
1/14/2025
|
|
TRACT
|
American Lake
|
YEAR BUILT
|
1947
|
|
COMMUNITY
|
American Lake
|
COUNTY
|
Pierce
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Tillicum Elem |
| Jr. High School |
Woodbrook Mid |
| High School |
Clover Park High |
| AIR |
None |
| AREA |
41 - Lakewood/Tillicum |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric |
| INTERIOR |
Hardwood |
| LOT |
6037 sq ft |
| LOT DESCRIPTION |
Corner Lot, Curbs, Paved, Sidewalk |
| SEWER |
Septic Tank |
| STORIES |
1 |
| STYLE |
52 - Duplex |
| SUBDIVISION |
American Lake |
| TAXES |
3930 |
| UTILITIES |
Cable Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Territorial |
| WATER |
Public |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/15/25 10:33 AM PST. 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.
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