This home's estimate is 2% lower than the average sale price ($583K) of 6 comparable homes.
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- Sale & tax history
- Property details
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11023 Military Rd SW, Lakewood, WA 98498
About this home
Great investment opportunity for this duplex that sits on a secluded & large lot! Each unit is 1198 sq ft, has 3 bdrms, 1.5 bath & a fireplace. Each unit has a single car garage, large backyard, partial fencing & a patio. Finding renters isn't a problem with location close to Pierce College, JBLM and easy I-5 access. Currently rented, to long term month-to-month tenants (one tenant for 10 years; 2nd tenant for almost 3 years). Plenty of room to raise rent. Please do not disturb tenants

Redfin Estimate
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Market trends in 98498, WA
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN FRI, 2PM TO 4PM$615,0004 beds2.5 baths1,880 sq ft7416 95th Ave SW, Lakewood, WA 98498Amanda Jorgensen • Windermere Prof Partners
- $460,0003 beds2 baths1,528 sq ft8116 79th St SW, Tacoma, WA 98498Francesca Braddock • Windermere Prof Partners
- OPEN SAT, 12PM TO 2PM$524,9503 beds2.5 baths1,674 sq ft8417 92nd St SW, Tacoma, WA 98498Matt Harber • Keller Williams Rty Tacoma
- $399,9503 beds2 baths1,100 sq ft8314 Washington Blvd SW, Lakewood, WA 98498Jajuan Winesberry • Windermere Central Sound
- $899,9504 beds3.5 baths2,828 sq ft10904 Evergreen Terrace Ln SW, Lakewood, WA 98498Elizabeth Helgeson • Skyline Properties, Inc.
- $319,0003 beds1 bath1,088 sq ft8610 Onyx Dr SW Unit A, Lakewood, WA 98498Mia Perryman • PNW Towns and Sound
- $599,9503 beds2.5 baths1,820 sq ft8321 112th St SW, Lakewood, WA 98498Kris Holden • Windermere RE West Campus Inc
- $219,9501 bed1 bath843 sq ft7501 Ruby Dr SW Unit G203, Lakewood, WA 98498Chris Engrave • John L. Scott R.E. Lake Tapps
- $465,0003 beds2 baths1,345 sq ft9015 Forest Ave SW, Lakewood, WA 98498Nofiani Ciccia • Best Choice Network
See all
Provided by Redfin
Sale history for 11023 Military Rd SW
$173/sq ft
$161/sq ft
$54/sq ft
$56/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Parking
- Parking Information
- Parking Uncovered Spaces: 6
- Covered Spaces: 2
- Open Parking Spaces: 6
- Has Open Parking
Interior
- Interior Features
- Interior Features: Forced Air, Wall to Wall Carpet
- Flooring: Vinyl, Carpet
- Multi-Family Financial Information
- Insurance Expense: $1,267
- Net Operating Income: $27,476
- Gross Adjusted Income: 34200
- Gross Scheduled Income: $34,200
- Total Monthly Income: 2328
- Gross Rent Multiplier: 11
- Total Expenses: 6724
- Multi-Unit Information
- Units Below Grade: false
- Units In Building Total: 2
- # of Units (Total): 2
- Furnished: Unfurnished
Exterior
- Building Information
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Property Information
- Style Code: 52 - Duplex
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Property Condition: Fixer
- Lot Information
- MLS Lot Size Source: Pierce County
- Zoning Jurisdiction: City
- Lot Size Units: Square Feet
- Lot Size Acres: 0.462
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $3,857
- Tax Year: 2019
- Financial Information
- Listing Terms: Cash Out, Conventional, Rehab Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Public
- Water Company: Tacoma PD
- Power Company: Tacoma PD
- Sewer: Sewer Connected
- Sewer Company: City of Tacoma
- Utilities: Sewer Connected, Electric
- Water Sewer Garbage: 1600
Location
- HOA Information
- Association Fee Frequency: Annually
- School Information
- Elementary School: Lake Louise Elem
- Middle Or Junior High School: Mann Mid
- High School: Lakes High
- High School District: Clover Park
- Location Information
- Directions: From Gravelly Lake Dr SW take Washington Blvd to Military Rd SW, just past 112th
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Pierce County
- APN: 0219058003
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- Offers Review Date: Monday, September 16, 2019
- On Market Date: Monday, September 9, 2019
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 2396
- Building Area Total: 2396
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1995
- Effective Year Built Source: Public Records
- Structure Type: Duplex
- Stories Total: 2
Around this home
Schools
Public PreK-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 0.5mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
9 unhealthy days expected this year, 9 days in 30 years
Sun exposure
In this area, properties receive around 8.9 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98498
Home values near 11023 Military Rd SW
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1447 Sq. Ft. | $522,866 |
3 Beds | 1.5 Baths | 1432 Sq. Ft. | $509,160 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1324 Sq. Ft. | $451,271 |
4 Beds | 2 Baths | 2256 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1168 Sq. Ft. | $463,663 |
6 Beds | 3 Baths | 2396 Sq. Ft. | $706,407 |
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