8601 Maple Street Sw, Lakewood, WA 98498
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: jim swanson
Office: compass
MLS#:2544520
Source:NWMLS
8601 Maple Street Sw,Lakewood, WA 98498
$599,900
- - Beds
- - Baths
- 2,365 sq. ft.
- Multi-family
- Active
Price summary
- Price:$599,900
- Price per sq. ft.:$253.66
About this home
Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other....
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Home facts
- Year built:1922
- Subdivision & Development:Tillicum
- Listing ID #:2544520
- Updated:August 14, 2026 at 12:07 PM
Rooms and interior
- Flooring:Laminate, Softwood, Vinyl Floor
- Living area:2,365 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1922
- Building area:2,365 sq. ft.
- Lot area:0.31 Acres
- Lot Features:Corner, Paved, Sidewalk
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Fenced-Partially
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$253.66
- Tax amount:$5,011 (2026)
Features and amenities
- Amenities:Cable TV, Gas Available, High Speed Internet
Parking
- Total parking spaces:6
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