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Listing Firm: Dove Realty, Inc.: Walter Scamehorn

Bought With: Real Property Associates : Ryker Young

SOLD On November 12, 2021
NWMLS # 1835624

$420,000

  • Sold Price
  • - Beds
  • - Baths
  • 1584 Sq.ft.

9615 121st Street SW, Lakewood, WA 98498

Listings with the three tree icon are courtesy of NWMLS

About This Property

Nice duplex in a good area of Lakewood. Long term tenants with below market rents. Great investment. This property will give you the cash flow that you are looking for. Well built units. Both units are no on month to month so you can raise the rent to market rents. Cap rate and gross rent multiplier are skewed due to the below market rent.

Buyer's Agent: Ryker Young • Real Property Associates

Listed by: Walter Scamehorn • Dove Realty, Inc.

Aris360 Last Checked: Just Now (Jul 04, 2025 07:21 AM)

  • Source: NWMLS as Distributed by MLS Grid #1835624

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 121st
  • Zip/Postal Code: 98498
  • City: Lakewood

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$3,847 per month
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Property Features

  • County
    • American Lake
  • Community
    • 38 - Lakewood
  • MLS Area
    • 38 - Lakewood
  • Longitude
    • -122.564797
  • Latitude
    • 47.147939
  • Directions
    • From I5, take the Gravelly Lake exit, go North on Gravelly Lake, Left on Washington Blvd SW, Left on Edgewood Ave SW, Right on 121st and the duplex will be on your Right.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 1
  • Style
    • 52 - Duplex
  • Parking Spaces
    • 6
  • Lot Description
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
  • Site Description
    • Cable TV,Fenced-Fully,High Speed Internet
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Covered Spaces
    • 2
  • Condition
    • Good,
  • Water
    • Lakewood Water District
  • Building Total Area (Sq. Ft.)
    • 12000
  • Utilities
    • Cable Connected,
    • High Speed Internet,
    • Sewer Connected,
    • Electric,

  • High School District
    • Clover Park
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Condominium,
  • Tax Amount
    • $4177
  • Year Built
    • 1975
  • Effective Year Built
    • 1986
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 04 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Jul 04, 2025 07:21 AM