5535 Detroit Avenue SW

Lakewood, WA
$ 375,000 Beds 0 Baths 0 Sq 1,616
Monthly Estimate* How much can I afford?

Great opportunity to own an income producing rental! Onside is 3-Bedroom, 2 bath with wood burning stove, Large storage area and shop (this unit has a tenant). The other side is 1 bedroom, 3/4 bath (this unit is vacant). Laundry hook ups in both units. Well maintained property. Easy access to both Highway 512, Interstate I-5. Close proximity to JBLM and Lakewood Town Center

Pending

  • Price
  • $ 375,000
  • Lot Size
  • 11,700 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,616
  • Full Bathrooms
  • 0
  • Year Built
  • 1945
  • Half Bathrooms
  • 0
  • City, Zip
  • Lakewood
  • Taxes
  • $ 3493
  • County
  • PIERCE
  • Style
  • Duplex
  • Area
  • Lakewood
  • MLS#
  • 1746720
  • Zip
  • 98499
Listing Provided by: Real Estate Investment Svcs and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS) - 21 - WA

Features

General

Amenities Storage
Building Area Units Square Feet
Carport Spaces 1
Carport Y/N No
City Lakewood
County Pierce
Directions From I-5, South on Bridgeport, Right on McChord, Right on Detroit
Electric Expense 1000
Exterior Features Wood Products
Flooring Laminate
High School Clover Park High
High School District Clover Park
Insurance Expense 822
Leasable Area 1616
MLS Area 37 - Lakewood
Net Operating Income 8265
New Construction No
Open Parking Spaces 2
Possession Closing
Possible Use Multi-Family
Property Style 52 - Duplex
Property SubType Multi-Family
Property Type Residential Income
PropertyCondition Good
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Pending
Status Pending
Street Name Detroit
Structure Type Duplex
Subdivision Name Lakewood
Tax Annual Amount 3493
Tax Year 2020
Terms Cash Out, Conventional
Total Units 2
Units Below Grade false
Units In Building Total 2
Utilities Cable Connected, Sewer Connected, Electricity Available
View Territorial
Water Sewer Garbage 1000
Year Built 1945
Zoning Class Multi-Family

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 1

Exterior Features

Building Area Total 1616
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Corner Lot, Paved
Lot Size Acres 0.2686
Lot Size Square Feet 11700
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 2
Site Features Cable TV, Patio, Shop
Total Parking 3
View Y/N Yes
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Olympia, WA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Clover Park High

Price History

4/5/2021 Listed $395,000
7/2/2021 6% - $375,000

Property vs Zip Code Average in 98499

Price
AVG $630K
$380K
Taxes
AVG $4,842
$3,493
Visits
AVG 98
155
Year Built
AVG 1970
1945
Walkscore
AVG 45
44
Data Provided by Walkscore ® not using MLS data

Map

5535 Detroit Avenue SW Lakewood, WA is a Single Family Home for sale at $375000 with 1616 sqft and a lot size of 11,700 SqFt Acre(s). 5535 Detroit Avenue SW Lakewood has 0 bedrooms, 0 baths and was built in 1945. The property's zip code is 98499 which is in Lakewood, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.