9821 Dekoven Drive SW # A & B Lakewood, WA $ 499,773
9821 Dekoven Drive SW # A & B
$ 499,773
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9821 Dekoven Drive SW # A & B

Lakewood, WA, 98499
$ 499,773
Baths0.0 Sq 1,844

Monthly Estimate*

$ 3,322

Listed by Keller Williams West Sound
9821 Dekoven Drive SW # A & B, Lakewood, WA 98499 - Image 1
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Studio

Multi-Family Home for sale in Lakewood, WA

for $499,773. This 1,844 square foot home was built in 1949 on a lot size of 0.2238.

Remarkable investment opportunity for seasoned investors or first time homebuyer's. This two story duplex sits on a large secluded private lot in Lakewood a block from community lake access. "Owner's suite" upstairs (Unit B) has 1 bedroom, 1 bath, upgraded to be your own private spa with heated tile floors, & huge tiled shower. New carpet & a concrete ramp up to upper unit with covered entry. Downstairs Unit A is 2 bed, 1 bath with new tile throughout the unit. Both units have separate, private fully fenced courtyard style yards. Lots of parking! Room for 6 cars in the driveway. 1 car garage, & 2 car covered carport. Both units heated & cooled with mini split systems. Local lake access 1 block away & community lake front park 5 blocks away.

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Multi-Family Active

Price

$ 499,773

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,466

Style

Duplex

Lot Size

0.2238

Year Built

1949

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2331320

Features
Interior
Interior Amenities Ceramic Tile Wall to Wall Carpet
Flooring Ceramic Tile Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 0
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
General
Sewer Sewer Connected
Heating Ductless HP-Mini Split
Cooling Ductless HP-Mini Split
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1949
Unit Number A & B
Property Subtype Multi Family
Tax Year 2024
County Pierce
Net Operating Income 35734
Insurance Expense 600
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lakewood
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Gravelly Lake Dr. go W on 100th St. SW after Meadow Rd turn onto Alley between Meadow and Dekoven. Duplex parking area will be on your left. You'll see a single garage with two car carport attached.
City Lakewood
Senior Community Y/N N
High School District Clover Park
Zoning Description Residential
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 39 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 9750
Waterfront Y/N N
Carport Spaces 2
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Tax Annual Amount 4466
Electric Expense 0
Fuel Expense 0
Public Remarks Remarkable investment opportunity for seasoned investors or first time homebuyer's. This two story duplex sits on a large secluded private lot in Lakewood a block from community lake access. Owner's
Leasable Area 1844
Virtual Tour https://www.zillow.com/view-imx/9391bb3c-ac88-44ed-beba-784668c70ec5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2400
Property Style 52 - Duplex
Cap Rate 6.1
Exterior
Exterior Amenities Cement Planked
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 1844
Lot Size Acres 0.2238
Covered Spaces 1
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 2
Internal Only
OriginalMLSID NWM2331320
Street Number 1 9821
* Excluded Features
List By
Peter Bradrick

Listing Agent

Keller Williams West Sound

Broker

Affordability Calculator

$3,694
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,322
Monthly Property Taxes
$372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256768 Elementary School
256614 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2025$499,773 -8.30% Price Down
3/26/2025$545,000 -3.54% Price Down
2/27/2025$565,000 -3.42% Price Down
2/12/2025$585,000 Listed Price

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9821 Dekoven Drive SW # A & B, Lakewood, WA, 98499 is a Multi-Family Home for sale at $499,773 with 1,844 sqft and a lot size of 0.2238. 9821 Dekoven Drive SW # A & B is a studio with 0.0 baths and was built in 1949. The property's zip code is 98499 which is in Lakewood, WA