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5702 5708 79th Street W # A & B Lakewood, WA $ 3,180,000
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5702 5708 79th Street W # A & B
$ 3,180,000
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5702 5708 79th Street W # A & B

Lakewood, WA, 98499
$ 3,180,000
Baths0.0 Sq 8,564

Monthly Estimate*

$ 19,580

Listed by Harvest Realty, Inc
5702 5708 79th Street W # A & B, Lakewood, WA 98499 - Image 1
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Studio

Multi-Family Home for sale in Lakewood, WA

for $3,180,000. This 8,564 square foot home was built in 2023 on a lot size of 0.8494.

CHRISTINE ESTATES consists of 4-DUPLEXES (8-UNITS). All Four Duplexes are identical (facing the front of the duplex: left units have 1065-sf and the right units have 1076-sf. The duplexes are 1-story with Vaulted Ceilings in the Main Living Areas. The High Ceilings and Open Main Living Areas are impressive. Upgraded Cabinets, Stainless Steel Appliances, Quartz Counter-tops, Large Island with Eating Bar plus 5-foot Pantry will make this Kitchen will make for long term Tenancies. Large Primary Suite with Private Full Bath. Units are heated & cooled by a Ductless Heat Pump with additional Cadet Wall Heaters in Bedrooms. Single car garages plus 2 uncovered onsite parking spaces for each Unit plus new paved street parking with vertical curbs & sidewalks for additional guest parking. Surrounding Neighborhood is very nice, well maintained and mostly newer homes. Irrigated front yard Lawns and Landscaping separate each of the two Driveways for each Duplex for a clean, well kept, beautiful appearance. The Project is located 10-15 minutes from JBLM and close to shopping, schools, eateries, theaters & medical services including St Claire's Hospital. The Duplexes are almost 3-years old and during that time only 2-Units have turned over Tenancy.

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Multi-Family Active

Price

$ 3,180,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 25,971

Style

Duplex

Lot Size

0.8494

Year Built

2023

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2477546
Features
General
Living Area 0
Sewer Sewer Connected
Heating 90%+ High Efficiency Ductless Forced Air Heat Pump Wall Unit(s)
Cooling 90%+ High Efficiency Ductless Forced Air Heat Pump
Possession Subject to Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 8
Security Features Partially Fenced
Year Built 2023
View Territorial
Unit Number A & B
Property Subtype Multi Family
Tax Year 2025
Building Name Christine Estates
County Pierce
Net Operating Income 177433
Insurance Expense 5052
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Double Wall
Subdivision Name Lakewood
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions WEST End of SR-512-RIGHT-north on South Tacoma Way go .5-mile LEFT (west) on Steilacoom BLVD go 3/4-mile & RGHT (north) on Lakewood Dr go 1/2-mile & LEFT (west) on 77th go 3-blocks-LEFT on DOUGLAS
High School Buyer To Verify
City Lakewood
Senior Community Y/N N
High School District Clover Park
Zoning Description Multi-Family
Number Of Units Total 8
MLS Area 37 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 37002
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional
Elementary School Buyer To Verify
Tax Annual Amount 25971
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks CHRISTINE ESTATES consists of 4-DUPLEXES (8-UNITS). All Four Duplexes are identical (facing the front of the duplex: left units have 1065-sf and the right units have 1076-sf. The duplexes are 1-story
Leasable Area 8564
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Lakewood Water District
Units Below Grade false
Units In Building Total 8
Water Sewer Garbage 6064
Property Style 52 - Duplex
Cap Rate 5.7
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Exterior
Exterior Amenities Cement Planked Wood Products
Parking Features RV Parking
Lot Features Curbs Open Space Paved Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 8564
Lot Size Acres 0.8494
Waterfront Y/N N
Covered Spaces 8
Irrigation Water Rights Y/N N
Site Features Fenced-Partially Patio RV Parking Sprinkler System
Parking Uncovered Total 16
Lot Number 1 2 4 & 5
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Interior
Flooring Ceramic Tile Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2477546
Street Number 1 5702
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* Excluded Features
List By
Rick A. Gienger

Listing Agent

Harvest Realty, Inc

Broker

Affordability Calculator

$21,744
Per Month
90%
10%
0%
Monthly Principal & Interest
$19,580
Monthly Property Taxes
$2,164
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
3100418 Elementary School
3100627 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/28/2026$3,180,000 Listed Price

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5702 5708 79th Street W # A & B, Lakewood, WA, 98499 is a Multi-Family Home for sale at $3,180,000 with 8,564 sqft and a lot size of 0.8494. 5702 5708 79th Street W # A & B is a studio with 0.0 baths and was built in 2023. The property's zip code is 98499 which is in Lakewood, WA

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