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.
Active
Listed by:
Chris McGinnis,
Gateway Real Estate
$550,000
5627 112th Street SW, Lakewood, WA 98499
4beds
2baths
1,606sqft
Est.:
Duplex
Built in 1957
-- sqft lot
$543,600 Zestimate®
$342/sqft
$-- HOA
What's special
Covered parkingFunctional layouts
- 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#: 2460846
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
Estimated market value
$543,600
$516,000 - $571,000
$2,194/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/17/2025 | Listed for sale | $550,000+255.5%$342/sqft |
Source: | ||
| 6/26/2014 | Sold | $154,719-28.8%$96/sqft |
Source: Public Record Report a problem | ||
| 3/9/2011 | Sold | $217,238+103%$135/sqft |
Source: Public Record Report a problem | ||
| 2/26/2011 | Pending sale | $107,000$67/sqft |
Source: Fannie Mae Report a problem | ||
| 2/20/2011 | Listed for sale | $107,000$67/sqft |
Source: Fannie Mae Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 4/10Tyee Park Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Harrison Preparatory SchoolGrades: 6-12Distance: 1.3 mi
- 3/10Clover Park High SchoolGrades: 9-12Distance: 0.4 mi
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