2604 92nd Street S #A/B, Lakewood, WA 98499
Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
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. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). 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 costs by living in the spacious upper unit while generating income from the lower level....
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Home facts
- Year built:1970
- Subdivision & Development:Lakeview
- Listing ID #:2544523
- Updated:August 14, 2026 at 12:07 PM
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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