7123 Foster Street SW Lakewood, WA $ 775,000
7123 Foster Street SW
$ 775,000
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7123 Foster Street SW

Lakewood, WA, 98499
$ 775,000
Baths0.0 Sq 2,404

Monthly Estimate*

$ 5,151

Listed by eXp Realty
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View a Virtual Tour
Studio

Multi-Family Home for sale in Lakewood, WA

for $775,000. This 2,404 square foot home was built in 1955 on a lot size of 0.1435.

Nestled above Lake Steilacoom with views from both units, this adorable duplex embodies the charm of a mid century home with original hardwood floors, rounded doorways and brick exterior. Meticulously maintained, this property offers 1202 sq ft in each unit. Each unit has 2 bedrooms, 1 bath, spacious kitchen, eating area and a large living room with fireplace that looks out to the lake. Shared laundry and covered parking for each unit. Enjoy the outdoor views on the Trex deck for the upper unit and a large patio for lower unit. This quiet area is close to freeways, St. Clare Hospital, schools, shopping and dining.

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Multi-Family Active

Price

$ 775,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,508

Style

Duplex

Lot Size

0.1435

Year Built

1955

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2227315

Features
General
Interior Features Ceramic Tile Hardwood
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Exterior Features Brick
HOA 0
Year Built 1955
View Lake
Property SubType Multi-Family
Tax Year 2024
County Pierce
Net Operating Income 38148
Insurance Expense 1014
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Lake Steilacoom
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions From Bridgeport Way W turn on Custer Rd W turn Right on Steilacoom Blvd SW Left on Woodbourne Rd SW Right on Cherry Ln SW Left on Edgewater Dr SW Left on Foster St SW. Duplex will be on left.
High School Buyer To Verify
City Lakewood
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Clover Park
Open Parking Spaces 2
Total Units 2
MLS Area 38 - Lakewood
Lot Size Square Feet 6250
Waterfront Y/N N
Carport Spaces 3
Carport Y/N N
Street Name Foster
Listing Terms Cash Out Conventional
Elementary School Buyer To Verify
Tax Annual Amount 5508
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks Nestled above Lake Steilacoom with views from both units this adorable duplex embodies the charm of a mid century home with original hardwood floors rounded doorways and brick exterior. Meticulously
Leasable Area 2404
Virtual Tour https://listings.foto-guy.com/videos/018f0c02-97de-72b1-9600-8eef9a50e24e
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Lakewood Water
Units Below Grade true
Units In Building Total 2
Zoning Class Multi-Family Residential
Water Sewer Garbage 3330
Property Style 52 - Duplex
Cap Rate 4
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Interior
Flooring Ceramic Tile Hardwood Vinyl Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot Paved
Water Source Public
Total Parking 5
Foundation Details Slab
Building Area Total 2404
Lot Size Acres 0.1435
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Gas Available High Speed Internet Patio
Parking Uncovered Spaces 2
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Internal Only
OriginalMLSID NWM2227315
Street Number 1 7123
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* Excluded Features
List By
Danette Abraham

Listing Agent

Exp Realty

Broker

Affordability Calculator

$5,610
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,151
Monthly Property Taxes
$459
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3100418 Elementary School
3100627 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$775,000 Listed Price

Map


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7123 Foster Street SW, Lakewood, WA, 98499 is a Multi-Family Home for sale at $775,000 with 2,404 sqft and a lot size of 0.1435. 7123 Foster Street SW is a studio with 0.0 baths and was built in 1955. The property's zip code is 98499 which is in Lakewood, WA