Rare Fourplex in Lakewood. Turnkey investment opportunity! This unique property includes two single-family homes + one duplex on a large 0.62-acre lot. All units are modernized with updated kitchens, baths, flooring, and more. ready for strong, stable tenants. Gross rents average $8,000/month. Fully renovated & low maintenance. Minutes to JBLM, I-5, and Lakewood Transit. Rare 3-bedroom units create a high tenant demand. Plenty of yard space & parking. Whether you’re an investor seeking reliable cash flow or looking to house-hack, this property checks all the boxes. Solid cap rate, prime location, and future upside potential!Don’t miss this one—schedule your showing today!
Sold
Listed by: Skyline Properties, Inc. • Jeff Pollock
Bought with: Terrafin
$955,000
11213 Kline Street SW, Lakewood, WA 98499
12beds
4baths
3,603sqft
Quadruplex, Multi Family
Built in 1945
-- sqft lot
$955,500 Zestimate®
$265/sqft
$2,224 Estimated rent
Home value
$955,500
$898,000 - $1.01M
$2,224/mo
Zestimate® history
Owner options
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$2,224/mo
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$2,224/mo
Rent Zestimate®
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$5,868/mo
Est. payment
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$5,868/mo
Est. payment
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List your homeWhat's special
Plenty of yard spaceModernized with updated kitchens
Zillow last checked:
Listing updated:
Listed by:
Jeff Pollock,
Skyline Properties, Inc.
Bought with:
Lindsey Davis, 23007407
Terrafin
Michelle Love, 26000992
Terrafin
Source: NWMLS as distributed by MLS GRID,MLS#: 2439007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
Heating
- Baseboard, Forced Air, Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 3,603 sqft
Property
Parking
- Total spaces: 9
- Parking features: Garage, Open
- Garage spaces: 1
- Uncovered spaces: 8
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.62 Acres
- Features: Paved, Cable TV, High Speed Internet
Details
- Parcel number: 0219122142
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1945
- Major remodel year: 1999
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Pierce County
- Water: Public, Company: Lakewood
- Utilities for property: Xfinity
Community & HOA
Community
- Subdivision: Lakewood
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $265/sqft
- Annual tax amount: $7,885
- Date on market: 7/16/2025
- Cumulative days on market: 371 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Sold | $955,000-4.4%$265/sqft |
Source:  NWMLS as distributed by MLS GRID #2439007 Report a problem | ||
| 3/5/2026 | Pending sale | $998,500$277/sqft |
Source: NWMLS as distributed by MLS GRID #2439007 Report a problem | ||
| 2/17/2026 | Listed for sale | $998,500+80.7%$277/sqft |
Source: NWMLS as distributed by MLS GRID #2439007 Report a problem | ||
| 2/21/2020 | Listing removed | $1,350 |
Source: Stability Properties Report a problem | ||
| 2/18/2020 | Listed for rent | $1,350+4.2% |
Source: Stability Properties Report a problem | ||
| 5/18/2018 | Listing removed | $1,295 |
Source: Stability Properties - Property # 540129 Report a problem | ||
| 5/17/2018 | Listed for rent | $1,295 |
Source: Stability Properties - Property # 540129 Report a problem | ||
| 5/31/2013 | Sold | $552,500-4.3%$153/sqft |
Source: NWMLS as distributed by MLS GRID #459497 Report a problem | ||
| 3/30/2013 | Pending sale | $577,500$160/sqft |
Source: Windermere Real Estate/Bellevue Commons, Inc. #459497 Report a problem | ||
| 3/16/2013 | Listed for sale | $577,500$160/sqft |
Source: Windermere Real Estate/Bellevue Commons, Inc. #459497 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lakeview
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Nearby schools
GreatSchools rating
- 3/10Lakeview Hope AcademyGrades: PK-5Distance: 0.5 mi
- 6/10Harrison Preparatory SchoolGrades: 6-12Distance: 1.5 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$955,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$955,500
- Washington
- Pierce County
- Lakewood
- 98499
- Lakeview
- 11213 Kline Street SW
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