9830 American Avenue SW A-D

Lakewood, WA98498

American Lake Waterfront with 120 ft of no bank waterfront with two tax parcels! Front rental home on street and Main 5100 sq.ft. home on the water comprise the first parcel (.65 acres), the two duplexes comprise the second parcel (10,686 sq.ft). Live on this magnificent lakefront property and have your rentals provide the income & taxes for you! 5000 sq.ft. main home needs remodeling. Front home rented at $1200 currently (market rent $1900). Unit A & B are rented on the duplexes, and Unit C and D are vacant and totally remodeled with a new roof! Main home overlooks the lake & Mt Rainier with large deck and patio, dock and cabana beach house for summer living!! The main home has a main level shop, a carport, and a basement garage for storage. All main rooms in the home have views! Enjoy waterskiing, fishing & summer fun on the largest lake in Pierce County. Boat launch and park just two blocks away! This complex has so much income and creative potential for the right owner!

Courtesy of NWMLS
Listing courtesy of Larry Tuell of RE/MAX Northwest



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Last checked: 2026-03-07 10:52 AM PST