Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.
Property Type(s):
Multi Family
|
Last Updated
|
6/23/2026
|
Tract
|
Tillicum
|
|
Year Built
|
1922
|
Community
|
Tillicum
|
|
County
|
Pierce
|
Additional Details
| AIR |
None |
| AREA |
41 - Lakewood/Tillicum |
| CONSTRUCTION |
Wood Siding |
| HEAT |
Electric, Forced Air, Natural Gas |
| LOT |
0.3122 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Paved, Sidewalk |
| MLS STATUS |
Active |
| SEWER |
Septic Tank |
| STORIES |
2 |
| STYLE |
52 - Duplex |
| SUBDIVISION |
Tillicum |
| TAXES |
5011 |
| UTILITIES |
Cable Available |
| WATER |
Public |
| ZONING |
Residential |
Location
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/24/26 7:29 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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This IDX solution is (c) Diverse Solutions 2026.
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