9502 Whitman Avenue Southwest

9502 Whitman Avenue Southwest

Lakewood, WA 98499

$1,200,000
Price
6
Beds
6
Baths
3,645 Sq. Ft.
$329 / Sq. Ft.
3,645
Sq. Ft.
$329
per Sq. Ft.

Pending

Pending

Listing provided courtesy of Keller Williams Rty Tacoma

Description

Three brick duplexes on one parcel. Lovely setting situated in a strong residential neighborhood. Currently under market rents at $1,150 per unit. Rent increases in progress to $1,250 per unit. Very private with beautiful gardens. Owner financing with 25% down, 30 year amortization, 6% interest, with a 5 year call. This property is in good condition with excellent potential.Three brick duplexes on one parcel. Lovely setting situated in a strong residential neighborhood. Currently under market rents at $1,150 per unit. Rent increases in progress to $1,250 per unit. Very private with beautiful gardens. Owner financing with 25% down, 30 year amortization, 6% interest, with a 5 year call. This property is in good condition with excellent potential.
  1. Listed by Tom Byrne • Keller Williams Rty Tacoma

Property Details for 9502 Whitman Avenue Southwest

Community Name
Lakewood
School District
Lakewood
View
Territorial
Number of Assigned Spaces
7
Total Covered Parking
0
Entry Date
04-15-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams Rty Tacoma
Add your commute
LISTING UPDATED: 05/02/2024 11:24 AM

Property Details for 9502 Whitman Avenue Southwest

StatusPending
MLS #2223595
Days on Market7
Cumulative Days on Market7
Taxes$8,813 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.32 AC / 14,000 SF
CountyPierce County

Location

Listing Courtesy of Keller Williams Rty Tacoma
Add your commute

Building Information for 9502 Whitman Avenue Southwest

Stories1Residences6Year Built1957Building Size-Lot Size0.32 AC / 14,000 SF

Payment Calculator

$7,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$734

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 9502 Whitman Avenue Southwest

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 40 - Lakewood
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: S on I-5 to 512 S. Tacoma exit. Go right to S Tacoma Way, left onto 100th St. Go through light on Gravelly Lake Dr. Take a right on Whitman. Buildings on the corner.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 7.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 550
  • Power Company: PSE
  • Sewer Company: Lakewood
  • Water Company: Lakewood
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Residential
  • Possible Use: Residential
  • MLS Square Footage Source: Tax Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1983
  • Photos Count: 36
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Tax Records
  • Parcel Number Free Text: 514000-092-0
  • Calculated Square Footage: 3645
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3645.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 7
  • Number of Stories in Building: 1
  • Vacancy Rate: 2
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10201
  • Gross Adjusted Income: 81497
  • Gross Rent Multiplier: 14.43
  • Gross Scheduled Income: $83,160
  • Insurance Expense: $838
  • Net Operating Income: $71,297
  • Other Expenses: $0
  • Total Monthly Income: 6930
  • Fuel Expense: $0
Unit 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 600
  • Rent Unit 1: $1,155.00
  • Bedrooms Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 600
  • Rent Unit 2: $1,155.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 600
  • Rent Unit 3: $1,155.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 600
  • Rent Unit 4: $1,155.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Unit 5
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: false
  • Square Feet Unit 5: 600
  • Rent Unit 5: $1,155.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Unit 6
  • Washer/Dryer Unit 6: true
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: false
  • Square Feet Unit 6: 600
  • Rent Unit 6: $1,155.00
  • Bedrooms Unit 6: 1
  • Bathrooms Unit 6: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3645.0
  • Leasable Area Units: Square Feet

Property History for 9502 Whitman Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 9502 Whitman Avenue Southwest

Taxable ValueLand$152,200Additions$361,300Total$513,500
Tax Record2021$6,975 ($581 / month)
Home Facts
Total Finished SqFt3,645 SqFtAbove Ground SqFt3,645 SqFtStories1Lot Size14,000 SqFtStyleDuplexYear Built1957Year Renovated1977ZoningMR2CountyPIERCEAPN5140000920

Schools near 9502 Whitman Avenue Southwest

This home is within Clover Park School District.
Rating
School
Type
Grades
Distance
Park Lodge Elementary School
Public - PK to 5
Hudtloff Middle School
Public - 6 to 8
Clover Park High School
Public - 9 to 12
Re-Entry High School
Public - 9 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

Re-Entry High School
Public9 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 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 Keller Williams Rty Tacoma

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.