American Lake Waterfront with 120 ft of no bank waterfront with two tax parcels! Front rental home on street and Main 5100 sq.ft. home on the water comprise the first parcel (.65 acres), the two duplexes comprise the second parcel (10,686 sq.ft). Live on this magnificent lakefront property and have your rentals provide the income & taxes for you! 5000 sq.ft. main home needs remodeling. Front home rented at $1200 currently (market rent $1900). Unit A & B are rented on the duplexes, and Unit C and D are vacant and totally remodeled with a new roof! Main home overlooks the lake & Mt Rainier with large deck and patio, dock and cabana beach house for summer living!! The main home has a main level shop, a carport, and a basement garage for storage. All main rooms in the home have views! Enjoy waterskiing, fishing & summer fun on the largest lake in Pierce County. Boat launch and park just two blocks away! This complex has so much income and creative potential for the right owner!
Listing Provided Courtesy of Larry Tuell, RE/MAX Northwest
General Information
NWM2488062
Multi Family
1
DOM
0.9 acres
7484
1932
Residen
Pierce
Buyer To Verify
Buyer To Verify
Lakes High
Residential Incom
Multi Family
Listing Provided Courtesy of Larry Tuell, RE/MAX Northwest
Krishna Realty data last checked: Mar 06, 2026 15:33 | Listing last modified Mar 05, 2026 18:22,
Source:
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Residence Information
7484
Composition
2,
55 - 5-9 Units
1932
Block, Poured Concre
Features and Utilities
Wood
Public
Sewer Connected
0
Financial
20200
Cash, Conventional
03-04-2026
Comparable Information
1
1
Cash, Conventional
$2,000,000
$2,000,000
Mar 05, 2026 18:22
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Lakes HighN/ARatings
American Lake Waterfront with 120 ft of no bank waterfront with two tax parcels! Front rental home on street and Main 5100 sq.ft. home on the water comprise the first parcel (.65 acres), the two duplexes comprise the second parcel (10,686 sq.ft). Live on this magnificent lakefront property and have your rentals provide the income & taxes for you! 5000 sq.ft. main home needs remodeling. Front home rented at $1200 currently (market rent $1900). Unit A & B are rented on the duplexes, and Unit C and D are vacant and totally remodeled with a new roof! Main home overlooks the lake & Mt Rainier with large deck and patio, dock and cabana beach house for summer living!! The main home has a main level shop, a carport, and a basement garage for storage. All main rooms in the home have views! Enjoy waterskiing, fishing & summer fun on the largest lake in Pierce County. Boat launch and park just two blocks away! This complex has so much income and creative potential for the right owner!
