Resources
Schedule a Meeting
25 more photos
Listing provided courtesy of Quincy Allen, QBM Realty & Property Mgmt LLC.
Source NWMLS.

5503 112th St SW, Lakewood, WA 98499$575,000

--
bed
--
bath
2026
ft2
· 12998
ft2 lot
$284 / ft2

Loading...
Attention investors! A triplex in a lovely Lakewood neighborhood is for sale. Situated in walking distance to shops/restaurants and close to the freeway. First unit is 2 bed, 1 bath rented at $1,150 (under market). Second unit is an updated studio rented at $900 (under market too). Third unit is a vacant 1 bed, 1 bath and recently updated as well. Centralized washer/dryer for all units. This is a perfect opportunity for owner/investor to live in the vacant unit and have tenants pay your mortgage. Current cap rate with under market rents is 5% and can easily be increased. You don't want to miss this rare mutli-family!

HOA

No HOA

On market

3 months

Year built

1940

Property type

Residential Income

Parking

6

MLS

1986485

Price / Sq.Ft.

$284 / ft2

Status

Active

Buyer’s Brokerage Commission

2%

Tour this home
Request a free tour of this home
Loading...

Home details for 5503 112th St SW

Interior Features & Layout
Interior Features
•   
Interior Features: Wall to Wall Carpet, Laminate Hardwood
Heating & Cooling
•   
Heating Details: Wall
Flooring
•   
Flooring: Laminate, Vinyl, Carpet
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Source: Pierce County Assessor
•   
Lot Description: Corner Lot, Paved
•   
Developer/Bldr Lot: Clover Park
•   
Acres: 0.2984 acre(s)
Property Type
•   
Mls Prop Type: Residential Income
Building Info
•   
Style: Tri-plex
•   
Stories: 2
•   
Foundation: Poured Concrete
•   
Roof: Composition
Property Features
•   
Living Area Units: Square Feet
Parking Info
•   
Parking Descriptions: RV Parking
Exterior Features
•   
Exterior: Cable TV, Fenced-Partially, High Speed Internet, RV Parking
Utilities & Other Information
Utilities
•   
Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available, Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Water & Sewer Info
•   
Sewer: Sewer Connected
Listing Details, Costs & Financing Information
Terms
•   
Terms: Cash Out, Conventional
Tax/Assessment Info
•   
Tax Year: 2022
•   
Taxes: 4591.73
Listing Details
•   
Sale Type: Resale/New
Listing Info
•   
Status: Active
School Neighborhood & Directions
School Info
•   
Elementary School: Buyer To Verify
•   
Directions: From I-5 South take Exit 125 onto Bridgeport Way, Right onto Bridgeport Way SW, Left onto 112th St SW, Right onto 55th Ave SW, Home on Left.
•   
Middle School: Buyer To Verify
Location
•   
Subdivision: Clover Park

Neighborhood snapshot

26
Properties for sale
9
Median days on market
$268.11
Median sold price/sqft
101.85%
Sold/List %
walk-icon}

walk score® :

transit-icon}

transit score® :

bike-icon}

bike score® :

Property History for 5503 112th St SW

08/22/2022
08/22/2022
NWMLS #1986485
active
NWMLS #1986485
$575,000
+91.70%
08/06/2020
08/06/2020
NWMLS #1541154
sold
NWMLS #1541154
$299,950
--5.08%
12/10/2019
12/10/2019
NWMLS #1541154
sold
NWMLS #1541154
$316,000
+5.35%
12/10/2019
12/10/2019
NWMLS #1541527
sold
NWMLS #1541527
$299,950
11/17/2019
11/17/2019
NWMLS #1541154
pending
NWMLS #1541154
$299,950
See more property history

Similar homes

street view

$540,0008710 8712 Lochburn Lane SwLakewood, WA 98499

0 bed
0 bath
1400
 ft²
 · 
13939
 ft²  lot
Courtesy of NWMLS

Recently sold homes near 5503 112th St SW

More in the area
Nearby cities
Los Angeles Homes For SaleDenver Homes For SaleLong Beach Homes For SaleTacoma Homes For SaleArvada Homes For Sale
Show More +
Services
BrokerageMortgageTitle & Escrow
Browse homes for sale in
Get the Flyhomes app
IOSAndroid
Equal Housing Opportunity
By searching, you agree to the Terms of Use, Privacy Policy and California Privacy Notice. California DRE #02012110; Flyhomes Mortgage, LLC: NMLS #1733272
TREC: Info about Brokerage Services, Consumer Protection Notice, Texas Mortgage Company Compliant/Recovery Fund Notice
Real estate brokerage licenses

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.

Flyhomes is registered trademark of Flyhomes, Inc.

NMLS Consumer Access
Affiliated Business Arrangement Disclosure
Flyhomes © 2022