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$674,999
10 Days On Site

8311 Lake Street SW
Lakewood, WA98498

For Sale|Multi Family|Active
6
Beds
0
Total Baths
2,088
SqFt
$323
/SqFt
1963
Built
Cumulative Days On Market:
11
Subdivision:
Tillicum
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Indy Basra of Every Door Real Estate

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 253-268-1714
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253-268-1714
8311 Lake Street SW8311 Lake Street SW8311 Lake Street SW8311 Lake Street SW
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Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

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Listing Snapshot
Price 
$674,999
Days On Site 
10 Days
Bedrooms 
6
Inside Area (SqFt) 
2,088 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3023 Acres
Year Built 
1963
MLS® Number 
2555073
Status 
Active
Property Tax 
$5,737
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.3023
Number Of Stories 
1
Parking Spaces 
6
Property Sub Type 
Multi Family
Sewer 
Septic Tank
SqFt Total 
2088
Utilities 
Cable Available
Water Source 
Public
Interior Features
Cooling 
Flooring 
VinylCarpet
Heating 
ElectricForced Air
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Fenced
Lot Features 
Corner LotPaved
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
41 - Lakewood/Tillicum
School District 
Clover Park
Schools
School District
Clover Park
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Indy Basra of Every Door Real Estate



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-07-25 10:53 PM PDT

Neighborhood & Commute
Source: Walkscore
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