9831 Meadow Road Southwest
Lakewood, WA 98499
$610,000
Price
4
Beds
2
Baths
1,347 Sq. Ft.
$453 / Sq. Ft.
1,347
Sq. Ft.
$453
per Sq. Ft.
Listing provided courtesy of Instant Access Realty
Description
Check out this beautifully appointed duplex in the heart of Lakewood. Perfect for the investor buyer that wants to run a short term rental business. All furnishings included. Photos are from rental listings prior to tenants move-in. Units were thoughtfully updated in 2020 with granite countertops, new appliances, new flooring, paint, etc. Stable occupancy and high demand have kept these units constantly full. Each side is 2 bedroom 1 bath and both feature washers/dryers.Check out this beautifully appointed duplex in the heart of Lakewood. Perfect for the investor buyer that wants to run a short term rental business. All furnishings included. Photos are from rental listings prior to tenants move-in. Units were thoughtfully updated in 2020 with granite countertops, new appliances, new flooring, paint, etc. Stable occupancy and high demand have kept these units constantly full. Each side is 2 bedroom 1 bath and both feature washers/dryers.
- Listed by Tara Anderson • Instant Access Realty
Property Details for 9831 Meadow Road Southwest
Community Name
Lakewood
School DistrictLakewood
Number of Assigned Spaces5
Total Covered Parking0
Entry Date09-18-2024
Energy SourceElectric
SewerAvailable
LISTING UPDATED: 11/13/2024 12:12 PM
Property Details for 9831 Meadow Road Southwest
| Status | Active |
|---|---|
| MLS # | 2292926 |
| Days on Market | 64 |
| Cumulative Days on Market | 64 |
| Taxes | $4,508 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1956 |
| Lot Size | 0.29 AC / 12,632 SF |
| County | Pierce County |
Building Information for 9831 Meadow Road Southwest
Stories1Residences2Year Built1956Building Size-Lot Size0.29 AC / 12,632 SF
Property Information for 9831 Meadow Road Southwest
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Fenced-Partially, High Speed Internet
- Area: 39 - Lakewood
- Elementary School: Buyer To Verify
- Middle Or Junior School: Lakewood Mid
- High School: Lakewood High
- Effective Year Built Source: Public Records
- Directions: See GPS
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 2.0
- Carport: No
- Open Parking Spaces: 3.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Engineered Hardwood
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water/Sewer/Garbage: 2476.93
- Power Company: TPU
- Sewer Company: Pierce County Sewer
- Water Company: Lakewood Water
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- MLS Square Footage Source: Public Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1982
- Photos Count: 30
Lot Information
- Lot Details: Sidewalk
- Lot Size Source: Public Records
- Parcel Number Free Text: 021902-6-006
- Calculated Square Footage: 1347
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1347.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 3
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $2,309
- Total Expenses: 11200.26
- Gross Adjusted Income: 42000
- Gross Rent Multiplier: 15.12
- Gross Scheduled Income: $42,000
- Insurance Expense: $624
- Net Operating Income: $30,800
- Other Expenses: $1,282
- Total Monthly Income: 3500
- Fuel Expense: $0
Unit 1
- Name Unit 1: 9831
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 674
- Rent Unit 1: $1,750.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 9833
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 674
- Rent Unit 2: $1,750.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1347.0
- Leasable Area Units: Square Feet
Property History for 9831 Meadow Road Southwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 9831 Meadow Road Southwest
This home is within Clover Park School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 11 to 12 |
Rating | School | Distance |
|---|---|---|
Park Lodge Elementary School PublicPK to 5 | ||
Hudtloff Middle School Public6 to 8 | ||
Clover Park High School Public9 to 12 | ||
Alfaretta House Public11 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Instant Access Realty
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
