Listed by Eric Herbel • RE/MAX Northwest. Bought with Venture Real Estate Group LLC.
Off Market Apr 2019 for $236K
$460,999
—
bd
•
— ba
•
1,092
sq ft
9821 9823 North Gate Rd SW, Lakewood, WA 98498
About this home
New Roof! New floor coverings in vacant unit! Two bedrooms, one full bath, for each side! Both sides always easy to rent! One side month-to-month, one side newly vacant for potential owner occupant! Acquire for investment, occupy one side and rent out the other side! Extra large lot also provides possibility of dividing property into two lots! Check in with the City of Lakewood. Welcome Home!
Multi-familyProperty Type
1942Year Built
0.27 acresLot Size
$422Est. Price/Sq.Ft.
4 spacesParking
Listed by Eric Herbel• RE/MAX Northwest
Bought with Brian Suite• Venture Real Estate Group LLC
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
5005005410
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 29, 2025.
Property details
Interior
Heating & Cooling
Has Heating
Interior Features
Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $600
Net Operating Income: $14,956
Gross Adjusted Income: 18468
Gross Scheduled Income: $19,440
Total Monthly Income: 1620
Gross Rent Multiplier: 12
Total Expenses: 3512
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
Vacancy Rate: 5
# 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: Fair
Land Information
Possible Use: Residential
Lot Information
MLS Lot Size Source: pierce county
Zoning Jurisdiction: City
Lot Features: Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2709
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $2,432
Tax Year: 2018
Financial Information
Listing Terms: Cash Out, Conventional, FHA
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Individual Well
Water Company: Lakewood Water
Power Company: Puget Sound Energy
Sewer: Sewer Connected
Sewer Company: Pierce County
Utilities: Sewer Connected, Electric, Individual Well
Water Sewer Garbage: 480
Location
School Information
High School District: Clover Park
Location Information
Directions: I-5 to Grav Lk Dr exit (#124), north on Grav Lk Dr, curve to left to stay on Grav Lk Dr, left on Washington Blvd, left on Edgewood, right on North Gate Rd to duplex on right
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Pierce County
APN: 5005005410
Home facts updated by county records on Jul 29, 2025
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, March 14, 2019
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1092
Building Area Total: 1092
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Duplex
Stories Total: 1
Around this home
Schools
Lake Louise Elementary School
Public PreK-5 • Assigned • 0.7mi
6/10
Woodbrook Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Lakes High School
Public 9-12 • Assigned • 1.2mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 87° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Lakewood, WA • 98498
Average low and high temperatures (°F)
47
35
49
35
54
40
63
41
68
47
74
52
79
55
79
58
73
53
61
45
52
42
49
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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.
8.9 hrs
1.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$438,000 – $531,000
Reach more buyers when you sell with Redfin. Save up to $4,610 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.