This home's estimate is 0.3% higher than the average sale price ($545K) of 5 comparable homes.
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- Sale & tax history
- Property details
- Neighborhood
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8808 8806 Forest Rd SW, Lakewood, WA 98498
About this home
Duplex with great location and consistent rental history. Well-kept units; newer roof; Each unit has a nice rambler floor plan with 2 bedrooms, 1 bath, kitchen with eating space, fireplace, laundry room, and individual garages. A solid, turn-key investment property; move into one side and have long term tenant pay half your mortgage OR work with existing month to month tenant.Close to military bases; steps to American Lake. Quiet neighborhood; near bus lines and amenities w/ easy access to I-5

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Market trends in 98498, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
- COMING SOON$3,150,0003 beds3.5 baths3,892 sq ft13001 Avenue Dubois SW, Lakewood, WA 98498Trevor Kovich • NWC-KV LLC
- NEW 33 HRS AGO$595,0003 beds2.5 baths1,792 sq ft11013 Lundstrom Dr SW, Lakewood, WA 98498George Atz • Keller Williams Rty Tacoma
- NEW 1 DAY AGO
- $489,9503 beds2 baths1,560 sq ft7515 97th Ave SW, Lakewood, WA 98498Jenah Mahan • Gateway Real Estate
- COMING SOON
- $389,9003 beds2.5 baths1,450 sq ft8638 Onyx Dr SW Unit E, Lakewood, WA 98498Sol Lemus • John L. Scott Dupont
- $565,0003 beds2.5 baths1,748 sq ft10116 100th Street Ct SW, Lakewood, WA 98498Jay Moore • RE/MAX Exclusive
- $560,0004 beds2.5 baths2,091 sq ft8419 WASHINGTON Blvd SW, Lakewood, WA 98498Cory Glasen • Keller Williams Realty PS
- OPEN SAT, 10AM TO 12PM$749,9994 beds3 baths2,327 sq ft10020 100th Ave SW, Lakewood, WA 98498Jessica Tittarelli • Keller Williams South Sound
See all
Provided by Redfin
Sale history for 8808 8806 Forest Rd SW
$199/sq ft
$202/sq ft
$139/sq ft
$140/sq ft
$101/sq ft
Tax history for 8808 8806 Forest Rd SW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 1
Interior
- Heating & Cooling
- Has Heating
- Interior Features
- Interior Features: Wall to Wall Carpet
- Flooring: Vinyl, Carpet
- Multi-Family Financial Information
- Gross Adjusted Income: 0
- Total Monthly Income: 2000
- Gross Rent Multiplier: 0
- Total Expenses: 0
- 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 Products
- Property Information
- Style Code: 52 - Duplex
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Property Condition: Good
- Lot Information
- MLS Lot Size Source: Pierce County Assessor
- Lot Size Units: Square Feet
- Lot Size Acres: 0.26
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $2,967
- Tax Year: 2019
- Financial Information
- Listing Terms: Conventional, FHA, Private Financing Available, VA Loan
- Buyer Financing: FHA
Utilities
- Utility Information
- Water Source: Public
- Water Company: Lakewood Water District
- Sewer: Septic Tank
- Utilities: Septic System, Electric
- Water Sewer Garbage: 0
Location
- HOA Information
- Association Fee Frequency: Annually
- School Information
- High School District: Clover Park
- Location Information
- Directions: From I5, exit 123 (Thorne Lane), Left on Portland, right on Forest.
Public facts
- Beds: 4
- Baths: 2.0
- Sq. Ft.: 1,680
- Stories: 1.0
- Lot Size: 0.26 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1972
- Year Renovated: 1996
- County: Pierce County
- APN: 0219212178
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Wednesday, December 4, 2019
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 1680
- Building Area Total: 1680
- Building Area Units: Square Feet
- Year Built Effective: 1984
- Effective Year Built Source: Public Records
- Structure Type: Duplex
- Stories Total: 1
Around this home
Schools
Public PreK-5 • Assigned • 0.3mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 3.2mi
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
7 unhealthy days expected this year, 8 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 8808 8806 Forest Rd SW
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1850 Sq. Ft. | $609,810 |
- Beds | - Baths | 944 Sq. Ft. | $391,064 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 728 Sq. Ft. | $328,830 |
2 Beds | 1 Baths | 1104 Sq. Ft. | $375,556 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 924 Sq. Ft. | $385,725 |
- Beds | - Baths | 1584 Sq. Ft. | $527,473 |
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