Off Market7098d on market
5516 5521 Detroit Avenue SW
Lakewood, WA, 98499 • Tyee Park • Pierce County
$558,000
$277/sqft
2,016Sqft
1945Built
Property DNA
Character Home
Built 1945 · 81 years of history
Lakewood
Tyee Park
Outdoor Living
Wall to Wall Carpet
Market activity
Demand and pricing signals for this listing
7098 days on market
Established listing
$277/sqft
Price per square foot
About this home
Multi Family · Built 1945
MOTIVATED OWNER-price REDUCED $30,000!-ATTENTION INVESTORS and FIRST TIME BUYERS. 4 units total (2 Duplexes-1 LOT)4-Remodeled 1 bedroom, 1 bathroom units with carports, yards and plenty of parking. Purchaser to verify all info. No offers without full letter of approval please. Owner Pays water and sewer, tenants pay garbage. Remodeled units, vacancy is projected @ 5% and maintenance costs will have to be projected as well. Two units at $475/mo W/mo.to mo.lease. Other two rent for $500/mo.
Estimated monthly payment
Based on current rates
$3,474/month
Principal & Interest$2,730
Property Tax$558
Insurance$186
Down payment20% ($111,600)
3%50%
Est. 6.18% rate · 30yr fixed · $446,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1945
HeatingHas Heating (Unspecified Type)
Parking4 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1945
Systems
HeatingHas Heating (Unspecified Type)
RoofFlat
ConstructionWood Siding
Water / SewerPublic, Company: Lakewood / Sewer Connected, Company: Pierce County
Parking & Outdoor
ParkingOpen
Location & Tax
NeighborhoodTyee Park
Annual tax$2,236
Parcel663000031
Features & details
9 categories of property features
Interior Features
Flooring
See Remarks
Carpet
Heating
Has Heating (Unspecified Type)
Windows
Thermal Windows
Green/Energy
Thermal Windows
Exterior Features
Parking
Open
Construction
Wood Siding
Patio & Porch
Wall to Wall Carpet
Lot Features
Paved
Cable TV
High Speed Internet
Utilities
Cable Connected
High Speed Internet
Sewer Connected
Electric
Listing insights
Market data and value estimates
StatusOff Market
Days on market7098
Est. value$558,000
Est. rent$1,641/mo
Tax rate0.88%
Price/sqft$277
On marketMay 17, 2007
PostedJul 29, 2021
Last sold$240,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, WA, 98499
Price history
1 event
DateEventPrice$/sqftSource
Oct 30, 2006Sold$240,000$119NWMLS as distributed by MLS GRID
Sold$240,000
Oct 30, 2006•$119/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Lakewood, WA • Pierce County
Nearby neighborhoods
Carter LakeCusterDowerIdlewildLake LouiseLakeviewOakbrookOakwoodPark LodgeTyee Park
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98438984399849398496984979849898499
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 06:18:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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