12403 Edgewood Avenue Sw, Lakewood, WA 98498
Local realty services provided by:CENTURY 21 Tri-Cities
Listed by: uma d chand
Office: realtrust properties
MLS#:2591137
Source:NWMLS
12403 Edgewood Avenue Sw,Lakewood, WA 98498
$715,000
- - Beds
- - Baths
- 2,496 sq. ft.
- Multi-family
- Active
Price summary
- Price:$715,000
- Price per sq. ft.:$286.46
About this home
This Lakewood duplex brings in $4800 per two units, and tenants pay utilities on top of rent. Both units were fully renovated in 2026. More than $125,000 went into bringing the duplex up to the City of Lakewood rental housing requirements. The work covered flooring, bathrooms, plumbing, electrical, furnaces, basement windows, appliances, painting, roof and gutter cleaning and other fixtures. Each units lives like a single family home, with its own attached one car garage for parking and storage and its own large fenced backyard. Fencing separates the two yards from each other and from the neighboring lots, so each household gets private outdoor space for play, pets or summer barbecues. Unit 12403 has 3 bedrooms, 1bath, a bright galley kitchen with eat-in dining, two family rooms and a wood-burning fireplace for cozy evenings. It rents for $2,500 per month plus utilities. Unit 12405 has 3bedrooms, 1.75 bathrooms, a bright galley kitchen with eat-in dining, two family rooms and a wood burning fireplace. It's leased at $2,300 per month plus utilities through May 2027.The property is minutes from American Lake and local parks. The major systems are already updated, so the next owner can focus on leasing instead of repairs!!!...
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Home facts
- Year built:1957
- Subdivision & Development:Lakewood
- Listing ID #:2591137
- Updated:October 25, 2026 at 11:22 AM
Rooms and interior
- Flooring:Hardwood
- Living area:2,496 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1957
- Building area:2,496 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Cul-De-Sac, Paved
- Construction Materials:Wood Exterior Finish, Wood Products Exterior Finish
- Exterior Features:Deck, Fenced-Fully, Patio
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Community
- Sewer:Sewer Connected
Finances and disclosures
- Price:$715,000
- Price per sq. ft.:$286.46
- Tax amount:$475 (2026)
Features and amenities
- Amenities:Gas Available, High Speed Internet
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:2
- Carport spaces:2
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