7508 Cody Street West

Lakewood, WA 98499

$895,000
Last Sold Price
8
Beds
4
Baths
2,880 Sq. Ft.
$311 / Sq. Ft.
2,880
Sq. Ft.
$311
per Sq. Ft.

Description

Investor Alert! RARE OPPORTUNITY knocks in Lakewood! under 4 years young 4plex in a high rental demand area. Each unit offers 2 BR, 1BA, fully rented at $1285/mo. Great layout, spacious rooms, refrigerator, dishwasher, laundry with washer and dryer come with each unit! Each Unit has extra storage space, parking for 6 cars, fully fenced backyard, ADA ramp, Fire Alarm System monitored by Fire Systems West. Best value on the market for owner occupied investment property. Current market rent (approx....Investor Alert! RARE OPPORTUNITY knocks in Lakewood! under 4 years young 4plex in a high rental demand area. Each unit offers 2 BR, 1BA, fully rented at $1285/mo. Great layout, spacious rooms, refrigerator, dishwasher, laundry with washer and dryer come with each unit! Each Unit has extra storage space, parking for 6 cars, fully fenced backyard, ADA ramp, Fire Alarm System monitored by Fire Systems West. Best value on the market for owner occupied investment property. Current market rent (approx. $1375 - $1420 per month for each unit), Walk to Golf Course, Minutes to Lakewood Town Center, freeway, parks and other meaningful amenities.
  1. Listed by Jordan Reyes • Core Realty Group

Property Details for 7508 Cody Street West

Community Name
Lakewood
School District
Lakewood
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
02-25-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Core Realty Group

Sold By Skyline Properties, Inc.

Add your commute
LISTING UPDATED: 05/18/2021 12:09 AM

Property Details for 7508 Cody Street West

StatusSold
MLS #1734576
Days on Market25
Cumulative Days on Market1064
Taxes$6,670 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.21 AC / 9,000 SF
CountyPierce County

Location

Listing Courtesy of Core Realty Group

Sold By Skyline Properties, Inc.

Add your commute

Building Information for 7508 Cody Street West

Stories2Residences4Year Built2017Building Size-Lot Size0.21 AC / 9,000 SF

Payment Calculator

$5,440 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,884

Property Taxes

$556

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7508 Cody Street West

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck, Fenced-Fully
  • Area: 36 - Lakewood
  • Effective Year Built Source: Public Records
  • Directions: Hwy 512W turn right on South Tacoma Way, Left on Steilacoom Blvd SW, Right on Lakewood Dr, Left on 75th, 2nd Left onto Cody St W.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 6.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 5484
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2017
  • Photos Count: 20
Lot Information
  • Lot Details: Paved
  • Lot Size Source: PCR
  • Parcel Number Free Text: 3905000092
  • Building Condition: Very Good
  • Calculated Square Footage: 2880
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2880.0
  • 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: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $420
  • Total Expenses: 0
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $64,800
  • Insurance Expense: $2,009
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 720
  • Rent Unit 1: $1,250.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 720
  • Rent Unit 2: $1,290.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 720
  • Rent Unit 3: $1,290.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 720
  • Rent Unit 4: $1,285.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2880.0
  • Leasable Area Units: Square Feet

Property History for 7508 Cody Street West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7508 Cody Street West

Taxable ValueLand$187,900Additions$657,100Total$845,000
Tax Record2024$9,004 ($750 / month)
Home Facts
Total Finished SqFt2,848 SqFtAbove Ground SqFt2,848 SqFtStories2Lot Size9,000 SqFtStyleMulti-Family Res (5+ Units)Year Built2016ZoningMR2CountyPIERCEAPN3905000092

Schools near 7508 Cody Street West

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 - 6 to 8
Rating
School
Distance
Dower Elementary School
PublicPK to 5

Lochburn Middle School
Public6 to 8

Clover Park High School
Public9 to 12

Re-Entry Middle School
Public6 to 8

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.

Similar Homes

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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 Core Realty Group

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.