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  • Listed by: 

    Chris McGinnis,

    Gateway Real Estate

    $550,000

    5627 112th Street SW, Lakewood, WA 98499

    4beds
    2baths
    1,606sqft
    : 
    Duplex
    Built in 1957
    -- sqft lot
    $543,600 Zestimate®
    $342/sqft
    $-- HOA

    What's special

    Covered parkingFunctional layouts
    An excellent property in Lakewood, producing steady rental income. Both units are currently occupied, Each unit is approximately 800 sqft, have 2 Bedrooms 1 bath, washer & dryer in each unit. They offer functional layouts, covered parking, storage, and easy access to shopping, restaurants, JBLM, I-5 and other amenities making it an attractive option for tenants. Whether you're expanding your portfolio or looking for your first investment property, this duplex has reliable cash flow in a desirable location.
    2 days
    |
    57
    |
    1
    |

    Zillow last checked: 8 hours ago

    Listing updated: December 18, 2025 at 03:13pm

    Listed by:

    Chris McGinnis,

    Gateway Real Estate

    Source: NWMLS,MLS#: 2460846MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 1,606
    • Total interior livable area: 1,606 sqft

    Property

    Parking
    • Total spaces: 2
    • Carport spaces: 2
    Lot
    • Size: 7,801.6 Square Feet
    Details
    • Parcel number: 6675000140
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Year built: 1957
    • Major remodel year: 1988

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & HOA

    Community
    • Subdivision: Lakewood
    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $342/sqft
    • Tax assessed value: $393,800
    • Annual tax amount: $4,369
    • Date on market: 12/16/2025
    • Cumulative days on market: 4 days
    • Listing terms: Cash Out,Conventional,FHA,VA Loan
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    Estimated market value

    $543,600

    $516,000 - $571,000

    $2,194/mo

    Price history

    Price history
    DateEventPrice
    12/17/2025Listed for sale$550,000+255.5%$342/sqft
    Source: NWMLS #2460846 Report a problem
    6/26/2014Sold$154,719-28.8%$96/sqft
    Source: Public Record Report a problem
    3/9/2011Sold$217,238+103%$135/sqft
    Source: Public Record Report a problem
    2/26/2011Pending sale$107,000$67/sqft
    Source: Fannie Mae Report a problem
    2/20/2011Listed for sale$107,000$67/sqft
    Source: Fannie Mae Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$4,336 +2%$393,800 +1.5%
    2023$4,251 +2.6%$387,900 -1.7%
    2022$4,144 +7.9%$394,800 +22.2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $3,236/mo
    Principal & interest
    $2640
    Property taxes
    $403
    Home insurance
    $193

      Climate risks

      Neighborhood: Tyee Park

      Nearby schools

      GreatSchools rating

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