Property photo 1
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Provided by NWMLS, Listed by Uma D Chand, 206-201-2000 at RealTrust Properties
2,496 sqft

$715,000

12403 -12405 Edgewood Avenue SW, Lakewood WA, 98498

Price per sqft$286.46
Built in1957
Property size2,496 sqft
Property typeMulti-family

Overview

Active

Updated 26h ago

This Lakewood duplex brings in $4800 per two units, and tenants pay utilities on top of rent. Both units were fully renovated in 2026. More than $125,000 went into bringing the duplex up to the City of Lakewood rental housing requirements. The work covered flooring, bathrooms, plumbing, electrical, furnaces, basement windows, appliances, painting, roof and gutter cleaning and other fixtures. Each units lives like a single family home, with its own attached one car garage for parking and storage and its own large fenced backyard. Fencing separates the two yards from each other and from the neighboring lots, so each household gets private outdoor space for kids, pets or summer barbecues. Unit 12403 has 3 bedrooms, 1bath, a bright galley kitchen with eat-in dining, two family rooms and a wood-burning fireplace for cozy evenings. It rents for $2,500 per month plus utilities. Unit 12405 has 3bedrooms, 1.75 bathrooms, a bright galley kitchen with eat-in dining, two family rooms and a wood burning fireplace. It's leased at $2,300 per month plus utilities through May 2027.The property is minutes from American Lake and local parks. The major systems are already updated, so the next owner can focus on leasing instead of repairs!!!

$4,757/mo

Est. mortgage payment based on a $715,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2591137

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres

Other Property Details

Taxes
$475
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Uma D Chand, 206-201-2000 at RealTrust Properties

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/10/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/10/2026 at 4:29 AM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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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Data last updated on 10/10/2026 at 4:29 AM UTC 

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