12318-12320 Alameda Avenue Southwest

Lakewood, WA 98498

$725,000
Price
6
Beds
3.5
Baths
2,548 Sq. Ft.
$285 / Sq. Ft.
2,548
Sq. Ft.
$285
per Sq. Ft.

Description

Beautifully and meticulously maintained well cash flowing duplex. Located close to the bases and I-5. These 3 bed, 1.5 bath units attract great long term tenants. Each unit has a one car garage. There is a detached garage adjacent to the duplex that rents out separately. Each unit has w/d hookups in unit. This is a great long term investment!Beautifully and meticulously maintained well cash flowing duplex. Located close to the bases and I-5. These 3 bed, 1.5 bath units attract great long term tenants. Each unit has a one car garage. There is a detached garage adjacent to the duplex that rents out separately. Each unit has w/d hookups in unit. This is a great long term investment!
  1. Listed by Doug Arbogast • Entry Real Estate LLC
  2. Listed by Sara Cerda • Entry Real Estate LLC

Property Details for 12318-12320 Alameda Avenue Southwest

Community Name
American Lake
School District
Clover Park
Number of Assigned Spaces
6
Total Covered Parking
3
Entry Date
04-25-2024
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Entry Real Estate LLC
Add your commute
LISTING UPDATED: 04/25/2024 02:34 PM

Property Details for 12318-12320 Alameda Avenue Southwest

StatusActive
MLS #2228386
Days on Market10
Cumulative Days on Market9
Taxes$6,549 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.23 AC / 10,200 SF
CountyPierce County

Location

Listing Courtesy of Entry Real Estate LLC
Add your commute

Building Information for 12318-12320 Alameda Avenue Southwest

Stories2Residences2Year Built1988Building Size-Lot Size0.23 AC / 10,200 SF

Payment Calculator

$4,502 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$546

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 12318-12320 Alameda Avenue Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Partially, Gas Available, Patio
  • Area: 41 - Lakewood/Tillicum
  • Effective Year Built Source: Public Records
  • Directions: I-5 south to Gravelly Lake exit. South on Gravelly Lake to Veterans Blvd. Left on Veterans to the corner of Veterans and Alameda.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: PSE
  • Sewer Company: Pierce County
  • Water Company: Lakewood
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1988
  • Photos Count: 9
Lot Information
  • Lot Details: Corner Lot
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 5005006900
  • Building Condition: Good
  • Calculated Square Footage: 2548
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2548.0
  • 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: 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: 6549
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Insurance Expense: $0
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 4200
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 12318
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Square Feet Unit 1: 1274
  • Rent Unit 1: $1,900.00
  • Bedrooms Unit 1: 3
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 12320
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Square Feet Unit 2: 1274
  • Rent Unit 2: $2,100.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2548.0
  • Leasable Area Units: Square Feet

Property History for 12318-12320 Alameda Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 12318-12320 Alameda Avenue 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 5
Rating
School
Distance
Lake Louise Elementary School
PublicPK to 5

Woodbrook Middle School
Public6 to 8

Lakes High School
Public9 to 12

Meriwether Elementary
PublicPK to 5

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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12318-12320 Alameda Avenue Southwest is a multi-family home for sale in Lakewood, WA 98498. This property was listed for sale on April 25, 2024 by Entry Real Estate LLC, it's currently listed at $725,000. This listing's school district is Clover Park School District. Nearby schools include Lake Louise Elementary School, Woodbrook Middle School and Lakes High School. 12318-12320 Alameda Avenue Southwest is a 6-bed, 3.5-bath, 2,548 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Entry Real Estate LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.