Prime American Lake Investment Opportunity With Lake Views! This unique duplex-zoned property currently offers three separate units (A,B,&C) with individual meters, just a block from American Lake's waterfront. Enjoy a great-sized, corner lot in a fantastic location that provides both lifestyle and returns. Recent updates include a brand-new septic system, fresh interior and exterior paint, new carpets, and a new roof on the cottage building. All units currently vacant but previous income was ~$2600/mo. Easy access to JBLM, Madigan Hospital, and I-5 freeway. This is a terrific chance to own a multi-family property with significant upside potential.
Sold
Listed by: Coldwell Banker Danforth • Michael Nowbar-Nekahi
Bought with: John L. Scott, Inc.
$405,000
8906 Wadsworth Street SW, Lakewood, WA 98498
4beds
3baths
1,934sqft
Duplex, Multi Family
Built in 1952
-- sqft lot
$555,100 Zestimate®
$209/sqft
$2,511 Estimated rent
Home value
$555,100
$505,000 - $600,000
$2,511/mo
Zestimate® history
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$2,009/mo
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Zillow last checked:
Listing updated:
Listed by:
Michael Nowbar-Nekahi,
Coldwell Banker Danforth
Bought with:
Jim Dierst, 10568
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2413974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Hardwood, Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,934
- Total interior livable area: 1,934 sqft
Property
Parking
- Total spaces: 5
- Parking features: Open
- Uncovered spaces: 5
Features
- Has view: Yes
- View description: Lake, Partial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 8,999 Square Feet
- Features: Corner Lot, Paved, Fenced-Partially, High Speed Internet
Details
- Parcel number: 0219212123
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Fair
- Year built: 1952
- Major remodel year: 1981
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Available, Septic Tank, Company: Septic
- Water: Public, Company: Lakewood Water District
Community & HOA
Community
- Subdivision: Tillicum
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $209/sqft
- Tax assessed value: $407,000
- Annual tax amount: $4,765
- Date on market: 9/3/2025
- Cumulative days on market: 322 days
- Listing terms: Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2026 | Listing removed | $2,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/26/2026 | Listed for rent | $2,550$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/24/2025 | Pending sale | $425,000+4.9%$220/sqft |
Source:  NWMLS as distributed by MLS GRID #2413974 Report a problem | ||
| 8/23/2025 | Sold | $405,000-4.7%$209/sqft |
Source: NWMLS as distributed by MLS GRID #2413974 Report a problem | ||
| 8/19/2025 | Listed for sale | $425,000$220/sqft |
Source: NWMLS as distributed by MLS GRID #2413974 Report a problem | ||
| 8/16/2025 | Pending sale | $425,000$220/sqft |
Source: NWMLS as distributed by MLS GRID #2413974 Report a problem | ||
| 8/12/2025 | Price change | $425,000-5.6%$220/sqft |
Source: NWMLS as distributed by MLS GRID #2413974 Report a problem | ||
| 7/31/2025 | Listed for sale | $450,000+136.9%$233/sqft |
Source: NWMLS as distributed by MLS GRID #2413974 Report a problem | ||
| 9/7/2019 | Listing removed | $189,950$98/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 9/3/2019 | Price change | $189,950-26.9%$98/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 4/22/2019 | Pending sale | $259,950$134/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 4/2/2019 | Price change | $259,950-7.1%$134/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 3/5/2019 | Listed for sale | $279,950$145/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 2/21/2019 | Pending sale | $279,950$145/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 2/7/2019 | Listed for sale | $279,950+147.7%$145/sqft |
Source: Better Properties South Hill #1408829 Report a problem | ||
| 6/9/2006 | Sold | $113,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,765 +8.4% | $407,000 +4.6% |
| 2023 | $4,395 +3.4% | $389,100 -0.9% |
| 2022 | $4,249 +4.1% | $392,500 +17.8% |
| 2021 | $4,081 +47.5% | $333,100 +40.1% |
| 2019 | $2,766 -6.2% | $237,800 +10.3% |
| 2018 | $2,948 +9.6% | $215,600 +8.7% |
| 2017 | $2,690 +21.6% | $198,300 +25.1% |
| 2016 | $2,212 | $158,500 +15.2% |
| 2014 | $2,212 -6.4% | $137,600 +5.8% |
| 2013 | $2,364 | $130,100 -12.7% |
| 2012 | -- | $149,000 -13.7% |
| 2011 | -- | $172,600 -11.1% |
| 2010 | -- | $194,200 -10% |
| 2009 | -- | $215,800 -3.8% |
| 2008 | $2,725 | $224,300 -0.1% |
| 2007 | $2,725 +123.5% | $224,600 +189.4% |
| 2002 | $1,219 -2% | $77,600 |
| 2001 | $1,244 | $77,600 -1.9% |
| 2000 | $1,244 | $79,100 |
Find assessor info on the county website
Neighborhood: Tillicum
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Nearby schools
GreatSchools rating
- 3/10Tillicum Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10Woodbrook Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 3 mi
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Estimated market value
$555,100
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
$555,100
- Washington
- Pierce County
- Lakewood
- 98498
- Tillicum
- 8906 Wadsworth Street SW
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