9641 Meadow Rd SW

2
Baths
1,568 Sq. Ft.
$311 / Sq. Ft.
1,568
Sq. Ft.
$311
per Sq. Ft.

Description

Incredible investment opportunity on a spacious corner lot in Lakewood! This darling duplex features one side at 800 square feet with 2 BR/1BA, tastefully updated with new laminate flooring, interior paint and a fence, and the second side is a well maintained 768 square feet with 2 BR/1 BA with newer carpets. Brand new roof installed 9/7 on both units and the carport with transferable 50 yr warranty. The units are only connected via the carport in between them! Both units have separate water and...Incredible investment opportunity on a spacious corner lot in Lakewood! This darling duplex features one side at 800 square feet with 2 BR/1BA, tastefully updated with new laminate flooring, interior paint and a fence, and the second side is a well maintained 768 square feet with 2 BR/1 BA with newer carpets. Brand new roof installed 9/7 on both units and the carport with transferable 50 yr warranty. The units are only connected via the carport in between them! Both units have separate water and power meters, all utilities except sewer are currently paid by tenants directly. Great curb appeal, ample parking, conveniently located to parks, public transportation and amenities. What's not to love?! :)

Property Details for 9641 Meadow Road Southwest

Community Name
Lakewood
School District
Clover Park
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
08-29-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING CLOSED: 02/28/2025 12:00 AM

Property Details for 9641 Meadow Road Southwest

StatusSold
MLS #2284895
Days on Market159
Cumulative Days on Market135
Taxes$4,425 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size0.17 AC / 7,375 SF
CountyPierce County

Location

Listing Courtesy of Real Broker LLC

Sold By COMPASS

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Building Information for 9641 Meadow Road Southwest

Stories1Residences2Year Built1946Building Size-Lot Size0.17 AC / 7,375 SF

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$2,849 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,480

Property Taxes

$369

HOA Dues

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Property Information for 9641 Meadow Road Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially
  • Area: 39 - Lakewood
  • Effective Year Built Source: Public Records
  • Directions: GPS is correct
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition, Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1397
  • Power Company: Lakeview Light & Power
  • Sewer Company: Pierce County
  • Water Company: Pierce County
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1993
  • Photos Count: 32
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 9415000080
  • Calculated Square Footage: 1568
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1568.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • 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: 6926
  • Gross Adjusted Income: 39600
  • Gross Rent Multiplier: 13.76
  • Gross Scheduled Income: $39,600
  • Insurance Expense: $1,104
  • Net Operating Income: $32,674
  • Other Expenses: $0
  • Total Monthly Income: 3300
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 9641
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 800
  • Rent Unit 1: $1,650.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 6619
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 768
  • Rent Unit 2: $1,650.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1568.0
  • Leasable Area Units: Square Feet

Property History for 9641 Meadow Road Southwest

DateEvent & SourcePriceAppreciation
Feb 28, 2025

Sold

NWMLS #2284895

$488,000
Feb 26, 2025

Sold (Public Record)

Public Record #1552173617

$456,750

+6.0% / yr

Feb 5, 2025

Price Change

NWMLS #2284895

$510,000
DateEvent & SourcePrice
02/28/2025

Sold

NWMLS #2284895

$488,000
02/26/2025

Sold (Public Record)

Public Record #1552173617

$456,750

+6.0% / yr

02/05/2025

Price Change

NWMLS #2284895

$510,000

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

Public Records for 9641 Meadow Road Southwest

Taxable ValueLand$201,300Additions$222,900Total$424,200
Tax Record2025$4,868 ($406 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,568 SqFtAbove Ground SqFt1,568 SqFtStories1Lot Size7,375 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated2018ZoningR4CountyPIERCEAPN941500-0-080

Schools near 9641 Meadow 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
Park Lodge Elementary School
PublicPK to 5

Hudtloff Middle School
Public6 to 8

Clover Park 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 Real Broker LLC

Based on information submitted to the MLS GRID as of 03/31/2025 04:02 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.