2604 92nd Street S #A/B, Lakewood, WA 98499

Lakewood
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: jim swanson
Office: compass
MLS#:2544523
Source:NWMLS
2604 92nd Street S #A/B,Lakewood, WA 98499
$580,000
  • - Beds
  • - Baths
  • 2,240 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$580,000
  • Price per sq. ft.:$258.93

About this home

Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing...

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Home facts

  • Year built:1970
  • Listing ID #:2544523
  • Updated:June 29, 2026 at 11:18 AM

Rooms and interior

  • Flooring:Vinyl Floor, Vinyl Plank
  • Living area:2,240 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1970
  • Building area:2,240 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Dead-end Street, Paved
  • Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$580,000
  • Price per sq. ft.:$258.93
  • Tax amount:$5,807 (2026)

Parking

  • Total parking spaces:5
  • Garage:Yes
  • Garage spaces:2
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