9212 33rd Avenue Ct S, Lakewood, WA 98499

$399,999

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Listing courtesy of Every Door Real Estate.

List Price
$399,999
Status
ACTIVE
MLS#
2564463
Days on Market
4
Style
53 - Tri-plex
Lot Size (sq ft)
15,870

Property Description

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.

Additional Information

List Date
2026-08-04 15:42:23
Community
Lakeview
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1956
Roof
Composition
School District
Lakewood
Total Monthly Income
$1,900
Gross Scheduled Income
$22,800
Vacancy Rate
33
Gross Adjusted Income
$22,800
Tax Year
2026
Insurance Expense
$2,000
Total Expenses
$5,537
Net Operating Income
$17,262
Gross Rent Multiplier
17.54
Cap Rate
4

Mortgage Calculator

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Calculator source: Real Geeks

Based on information submitted to the MLS GRID as of . 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.