Sold262d on market
9002 154th Avenue Ct NW
Lakebay, WA, 98349 • 98349 • Pierce County
$1,765,600
2.3 acLot
1993Built
Property DNA
Lakebay
98349
This home is getting attention
Listed 262 days ago · 6 views
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
262 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 46% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1993
Incredible opportunity to purchase the Kayla Rae! This well maintained two building, 13 unit apartment complex, is in fantastic condition. Units are clean with newer carpets, paint, and vinyl windows. Great tenants and always rented; all 13 apartments are currently occupied. Rent is currently less than market value and stable cap rate is approximately 5.4%. Apartments are all metered separately and there is a potential for more density. Coin operated laundry on-site. Pre-inspection conducted and report available upon request. Located in the heart of Key Center and close to shopping, retail, and restaurants. Wonderful addition to anyone's investment portfolio and/or real estate holdings!
Standout features identified
Our analysis highlights newer carpets and vinyl windows as key attractions of this home.
Estimated monthly payment
Based on current rates
$10,994/month
Principal & Interest$8,640
Property Tax$1,766
Insurance$589
Down payment20% ($353,120)
3%50%
Est. 6.19% rate · 30yr fixed · $1,412,480 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1993
HeatingForced Air, Electric
CoolingNone
Parking13 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1993
Systems
HeatingForced Air, Electric
CoolingNone
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerCommunity, Company: Peninsula Light Co / Septic Tank
Parking & Outdoor
ParkingOpen
Lot2.30 Acres
Location & Tax
Neighborhood98349
Annual tax$16,549
Parcel0021015094
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Carpet
Heating
Forced Air
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Wood Products
Lot Features
Corner Lot
Cul-De-Sac
Paved
Secluded
Sidewalk
Deck
Patio
Listing insights
Market data and value estimates
StatusSold
Days on market262
Est. rent$2,419/mo
Tax rate0.88%
On marketJul 21, 2025
PostedMay 7, 2025
Last sold$1,765,600
MLS statusSold
MLS updatedAug 18, 2025
Tour days6
Views6
How are the schools in Lakebay?
3 schools rated nearby
Location
Lakebay, WA, 98349
Price history
3 events
DateEventPrice$/sqftSource
Jul 18, 2025Sold$1,765,600—NWMLS as distributed by MLS GRID
Jun 4, 2025Pending Sale$1,900,000—NWMLS as distributed by MLS GRID
May 7, 2025Listed For Sale$1,900,000—NWMLS as distributed by MLS GRID
Sold$1,765,600
Jul 18, 2025•NWMLS as distributed by MLS GRID
Pending Sale$1,900,000
Jun 4, 2025•NWMLS as distributed by MLS GRID
Listed For Sale$1,900,000
May 7, 2025•NWMLS as distributed by MLS GRID
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2024$8,152$927,100
Apr 7, 2023$5,921$641,200
Apr 7, 2022$5,688$641,200
Apr 7, 2021$5,760$558,400
Apr 7, 2019$4,447$465,700
Apr 7, 2018$5,402$405,000
Apr 7, 2017$4,833$446,100
Apr 7, 2016$4,720$368,700
Apr 7, 2014$4,720$368,700
Apr 7, 2013$4,846$368,700
Apr 7, 2012—$368,700
Apr 7, 2011—$368,700
Apr 7, 2010—$385,600
Apr 7, 2009—$439,100
Apr 7, 2008$3,715$439,100
Apr 7, 2007$3,715$410,300
Apr 7, 2002$3,387$252,300
Apr 7, 2001$3,594$252,300
Apr 7, 2000$3,594$257,150
Nearby homes
Neighborhood details
Local context around this listing
Lakebay, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98349
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Based on information submitted to the MLS GRID as of 2026-04-07 12:38:47 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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