12403 -12405 Edgewood Avenue SW, Lakewood, WA 98498

Listing Broker: RealTrust Properties; Uma D Chand; 206-920-8611; chanduc@live.com

$715,000
2,496
SqFt

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List Price
$715,000
Status
ACTIVE
Days on Market
9
MLS#
2591137
Subtype
Residential Income
Style
52 - Duplex
Year Built
1957
Living Area
2,496
Lot Size
6,600
Acres
0.15
Subdivision
Lakewood
Neighborhood
Lakewood
MLS Area Major
Lakewood

Property Description

This Lakewood duplex brings in $4800 per two units, and tenants pay utilities on top of rent. Both units were fully renovated in 2026. More than $125,000 went into bringing the duplex up to the City of Lakewood rental housing requirements. The work covered flooring, bathrooms, plumbing, electrical, furnaces, basement windows, appliances, painting, roof and gutter cleaning and other fixtures. Each units lives like a single family home, with its own attached one car garage for parking and storage and its own large fenced backyard. Fencing separates the two yards from each other and from the neighboring lots, so each household gets private outdoor space for play, pets or summer barbecues. Unit 12403 has 3 bedrooms, 1bath, a bright galley kitchen with eat-in dining, two family rooms and a wood-burning fireplace for cozy evenings. It rents for $2,500 per month plus utilities. Unit 12405 has 3bedrooms, 1.75 bathrooms, a bright galley kitchen with eat-in dining, two family rooms and a wood burning fireplace. It's leased at $2,300 per month plus utilities through May 2027.The property is minutes from American Lake and local parks. The major systems are already updated, so the next owner can focus on leasing instead of repairs!!!

Additional Information

Exterior Features
Wood, Wood Products
Property Description
52 - Duplex
Flooring
Laminate
Heating
Forced Air
Air Conditioning
Forced Air
Roof
Composition
Garage Spaces
2
School District
Clover Park
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
View
Territorial
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