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Listing Firm: eXp Realty: Kekoa Michael Lwin

Bought With: SCOUT : Sue Morrow

SOLD On April 28, 2023
NWMLS # 2014313

$950,000

  • Sold Price
  • - Beds
  • - Baths
  • 3033 Sq.ft.

10607 Kendrick Street SW, Lakewood, WA 98499

Listings with the three tree icon are courtesy of NWMLS

About This Property

SELLER IDENTIFIED 1031 AND NEEDS TO SELL! Turn-Key Over 7 CAP Opportunity! 5-Plex in a great location, very nice upgrades to all units, and strong rental income. This Multi-Family property features five single-story units with a mix of three - 1 bed x 1 bath units and two-2 bed x 1 bath units. All units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, new appliances, updated bathrooms as well as new interior & exterior paint. Central laundry room updated with leased machines. Storage Unit on site. Tenants pay W/S/G via RUBs. The work has been done, it's your opportunity to acquire and collect rents at a great CAP rate! Excellent location, only 10min away from JBLM, and easy access to I-5.

Buyer's Agent: Sue Morrow • SCOUT

Listed by: Kekoa Michael Lwin • eXp Realty

Aris360 Last Checked: 1 Minute Ago (Jun 14, 2025 03:01 AM)

  • Source: NWMLS as Distributed by MLS Grid #2014313

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Kendrick
  • Zip/Postal Code: 98499
  • City: Lakewood

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$3,847 per month
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Property Features

  • County
    • Lakewood
  • Community
    • 37 - Lakewood
  • MLS Area
    • 37 - Lakewood
  • Longitude
    • -122.497714
  • Latitude
    • 47.160037
  • Directions
    • GPS - From I-5, take exit 125 onto Bridgeport Way SW. Turn right on 108th St SW, and then left on Kendrick St SW. The property is 2nd house on the right side.

  • Floors
    • Vinyl Plank
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 1
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 9
  • Lot Description
    • Paved,
  • Foundation
    • Block,
  • Elevation
    • Feet
  • Exterior
    • Brick
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Building Total Area (Sq. Ft.)
    • 10500
  • Has View
    • Yes
  • View Description
    • Territorial,

  • High School District
    • Lakewood
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $5664
  • Year Built
    • 1959
  • Effective Year Built
    • 1959
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 14 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.

Jun 14, 2025 03:01 AM