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.
Listing Provided Courtesy of Mike Nowbar-Nekahi, Coldwell Banker Danforth
General Information
NWM2413974
Multi Family
3
DOM
8999.5 SqFt
1934
1952
Pierce
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Mike Nowbar-Nekahi, Coldwell Banker Danforth
Krishna Realty data last checked: Aug 03, 2025 06:00 | Listing last modified Jul 31, 2025 16:33,
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Residence Information
1934
Composition
52 - Duplex
1952
Features and Utilities
Wood
Public
Available, Septic Tank
0
Financial
0
Cash Out, Conventional
07-31-2025
Comparable Information
3
3
Cash Out, Conventional
$450,000
$450,000
Jul 31, 2025 16:33
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
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.
