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Lakewood, WA, 98499 • Park Lodge • Pierce County
$254/sqft
Down payment assistance available
4Beds
2Baths
2,360Sqft
0.19 acLot
1958Built
Territorial Views
Territorial
Duplex Style
Built 1958 · 68 years of history
Lakewood
Park Lodge
Just Listed
Listed Apr 7, 2026
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$254/sqft
Price per square foot
Multi Family · Built 1958
Two units, one smart investment, welcome to your next cash-flowing property in Lakewood! This well-maintained 2,360 sq ft duplex at 5907-5909 111th St Sw offers endless potential for investors, multi-generational living, or owner-occupants looking to offset their mortgage. Each spacious unit features 2 large bedrooms, 1.5 bathrooms, and a bright, inviting living room centered around a cozy fireplace. The layout boasts a large kitchen space with ample storage, plus a separate laundry room and half-bath on the main floor. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing comfortable separation of space. Situated on a large 8,316 sq ft lot, the property includes a fully fenced yard, newly replaced water heaters, updated bathroom (5909), new carpet, a patio, and abundant parking with up to 8 spaces (including carports). Well maintained to ensure it's move-in ready. In a prime location situated in the desirable Lakeview neighborhood, this duplex is just minutes from Joint Base Lewis-McChord (JBLM), making it a highly sought-after rental. Enjoy walking distance to Clover Park High School, local parks, and the Lakewood Towne Center. Commuting is a breeze with quick access to I-5 and Bridgeport Way. Whether you're looking to live in one unit and rent the other, accommodate extended living, or add a solid cash-flowing asset to your portfolio, this duplex delivers. Don't miss out on this rare Lakewood property!
Standout features identified
Our analysis highlights cozy fireplace, spacious unit, and fully fenced yard as key attractions of this home.
Based on current rates
Est. 6.00% rate · 30yr fixed · $479,786 loan
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3 schools rated nearby
Lakewood, WA, 98499
1 event
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Lakewood, WA • Pierce County
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Based on information submitted to the MLS GRID as of 2026-04-08 23:34:21 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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