11023 Military Rd SW

—
Beds
—
Baths
2,396 Sq. Ft.
$173 / Sq. Ft.
2,396
Sq. Ft.
$173
per Sq. Ft.

Description

Great investment opportunity for this duplex that sits on a secluded & large lot! Each unit is 1198 sq ft, has 3 bdrms, 1.5 bath & a fireplace. Each unit has a single car garage, large backyard, partial fencing & a patio. Finding renters isn't a problem with location close to Pierce College, JBLM and easy I-5 access. Currently rented, to long term month-to-month tenants (one tenant for 10 years; 2nd tenant for almost 3 years). Plenty of room to raise rent. Please do not disturb tenantsGreat investment opportunity for this duplex that sits on a secluded & large lot! Each unit is 1198 sq ft, has 3 bdrms, 1.5 bath & a fireplace. Each unit has a single car garage, large backyard, partial fencing & a patio. Finding renters isn't a problem with location close to Pierce College, JBLM and easy I-5 access. Currently rented, to long term month-to-month tenants (one tenant for 10 years; 2nd tenant for almost 3 years). Plenty of room to raise rent. Please do not disturb tenants
  1. Listed by Amy Frazier • John L. Scott Dupont
    P: (253)-964-7700 amyfrazier@johnlscott.com

Property Details for 11023 Military Road Southwest

Community Name
Lakewood
School District
Clover Park
Number of Assigned Spaces
8
Total Covered Parking
2
Offers Review Date
09-16-2019
Entry Date
09-09-2019
Sewer
Sewer Connected
LISTING CLOSED: 10/22/2019 12:00 AM

Property Details for 11023 Military Road Southwest

StatusSold
MLS #1514149
Days on Market7
Cumulative Days on Market7
Taxes$3,857 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1977
Lot Size0.46 AC / 20,124 SF
CountyPierce County

Location

Listing Courtesy of John L. Scott Dupont

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Building Information for 11023 Military Road Southwest

Stories2Residences2Year Built1977Building Size-Lot Size0.46 AC / 20,124 SF

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Property Information for 11023 Military Road Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 43 - Steilacoom
  • Elementary School: Lake Louise Elem
  • Middle Or Junior School: Mann Mid
  • High School: Lakes High
  • Effective Year Built Source: Public Records
  • Directions: From Gravelly Lake Dr SW take Washington Blvd to Military Rd SW, just past 112th
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2019
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1600
  • Power Company: Tacoma PD
  • Sewer Company: City of Tacoma
  • Water Company: Tacoma PD
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: true
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 1995
  • Photos Count: 1
Lot Information
  • Lot Size Source: Pierce County
  • Parcel Number Free Text: 0219058003
  • Building Condition: Fixer
  • Calculated Square Footage: 2396
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2396.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6724
  • Gross Adjusted Income: 34200
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: $34,200
  • Insurance Expense: $1,267
  • Net Operating Income: $27,476
  • Other Expenses: $0
  • Total Monthly Income: 2328
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2396.0
  • Leasable Area Units: Square Feet

Property History for 11023 Military Road Southwest

DateEvent & SourcePriceAppreciation
Oct 22, 2019

Sold

NWMLS #1514149

$415,000—
Sep 16, 2019

Pending

NWMLS #1514149

—
Sep 9, 2019

Listed (Active)

NWMLS #1514149

$385,000—
DateEvent & SourcePrice
10/22/2019

Sold

NWMLS #1514149

$415,000
09/16/2019

Pending

NWMLS #1514149

—
09/09/2019

Listed (Active)

NWMLS #1514149

$385,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11023 Military Road Southwest

Taxable ValueLand$227,600Additions$440,100Total$667,700
Tax Record2026$7,175 ($598 / month)
Home Facts
Total Finished SqFt2,396 SqFtAbove Ground SqFt2,396 SqFtStories2Lot Size20,124 SqFtStyleDuplexYear Built1977Year Renovated1995ZoningR3CountyPIERCEAPN0219058003Fireplace TypeHas Fireplace

Schools near 11023 Military Road Southwest

This home is within Clover Park School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Lake Louise Elementary School
PublicPK to 5

Woodbrook Middle School
Public6 to 8

Lakes High School
Public9 to 12

Special Education Services/Relife
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Dupont

Based on information submitted to the MLS GRID as of 09/05/2024 05:39 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.