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
19
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 26, 2025 16:29 | Listing last modified Aug 24, 2025 05:52,
Source:
Download our Mobile app
Residence Information
1934
Composition
52 - Duplex
1952
Features and Utilities
Wood
Public
Available, Septic Tank
0
Financial
0
Cash Out, Conventional, VA Loan
07-31-2025
Comparable Information
19
19
Cash Out, Conventional, VA Loan
$450,000
$450,000
Aug 24, 2025 05:52
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.
