Sold1074d on market
10607 Kendrick Street SW
Lakewood, WA, 98499 • Lakeview • Pierce County
$950,000
$313/sqft
3,033Sqft
0.24 acLot
1959Built
Property DNA
Territorial Views
Territorial
Lakewood
Lakeview
Popular listing
Listed 1074 days ago · 178 views · 24 saves
Market activity
Demand and pricing signals for this listing
178 views
People checking out this listing
24 saves
Buyers have saved this home
1074 days on market
Established listing
$313/sqft
Price per square foot
About this home
Multi Family · Built 1959
SELLER IDENTIFIED 1031 AND NEEDS TO SELL! Turn-Key Over 7 CAP Opportunity! 5-Plex in a great location, very nice upgrades to all units, and strong rental income. This Multi-Family property features five single-story units with a mix of three - 1 bed x 1 bath units and two-2 bed x 1 bath units. All units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, new appliances, updated bathrooms as well as new interior & exterior paint. Central laundry room updated with leased machines. Storage Unit on site. Tenants pay W/S/G via RUBs. The work has been done, it's your opportunity to acquire and collect rents at a great CAP rate! Excellent location, only 10min away from JBLM, and easy access to I-5.
Estimated monthly payment
Based on current rates
$5,891/month
Principal & Interest$4,624
Property Tax$950
Insurance$317
Down payment20% ($190,000)
3%50%
Est. 6.14% rate · 30yr fixed · $760,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1959
HeatingElectric
Parking9 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1959
Systems
HeatingElectric
RoofComposition
ConstructionBrick
Water / SewerSewer Connected
Parking & Outdoor
ParkingOpen
Lot10,497 sqft
Location & Tax
NeighborhoodLakeview
Annual tax$5,664
Parcel5080001230
Features & details
6 categories of property features
Interior Features
Flooring
Vinyl Plank
Heating
Electric
Exterior Features
Parking
Open
Construction
Brick
Lot Features
Paved
Views
Territorial
Listing insights
Market data and value estimates
StatusSold
Days on market1074
Est. rent$1,861/mo
Tax rate0.88%
Price/sqft$313
On marketFeb 25, 2023
PostedNov 17, 2022
Last sold$950,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
Views178
Favorites24
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, WA, 98499
Price history
18 events
DateEventPrice$/sqftSource
Mar 24, 2026Listing Removed$1,395—Zillow Rentals
Feb 21, 2026Listed For Rent$1,395—Zillow Rentals
Oct 11, 2025Listing Removed$1,395—Zillow Rentals
Oct 9, 2025Price Change$1,395—Zillow Rentals
Oct 3, 2025Listed For Rent$1,495—Zillow Rentals
Apr 28, 2023Sold$950,000$313NWMLS as distributed by MLS GRID
Mar 29, 2023Pending Sale$950,000$313NWMLS as distributed by MLS GRID
Mar 24, 2023Listed For Sale$950,000$313NWMLS as distributed by MLS GRID
Mar 13, 2023Pending Sale$950,000$313NWMLS as distributed by MLS GRID
Mar 3, 2023Price Change$950,000$313NWMLS as distributed by MLS GRID
Feb 11, 2023Price Change$999,000$329NWMLS as distributed by MLS GRID
Jan 28, 2023Price Change$1,075,000$354NWMLS as distributed by MLS GRID
Jan 16, 2023Listed For Sale$1,100,000$363NWMLS as distributed by MLS GRID
Nov 22, 2022Pending Sale$1,100,000$363NWMLS as distributed by MLS GRID
Nov 17, 2022Listed For Sale$1,100,000$363NWMLS as distributed by MLS GRID
Oct 8, 2022Listing Removed——Zillow Rental Network Premium
Sep 30, 2022Listed For Rent$1,195—Zillow Rental Network Premium
Sep 16, 2020Sold$440,000$145Public Record
Listing Removed$1,395
Mar 24, 20260•Zillow Rentals
Listed For Rent$1,395
Feb 21, 20260•Zillow Rentals
Listing Removed$1,395
Oct 11, 20250•Zillow Rentals
Price Change$1,395
Oct 9, 20250•Zillow Rentals
Listed For Rent$1,495
Oct 3, 20250•Zillow Rentals
Sold$950,000
Apr 28, 2023•$313/sqft•NWMLS as distributed by MLS GRID
Pending Sale$950,000
Mar 29, 2023•$313/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$950,000
Mar 24, 2023•$313/sqft•NWMLS as distributed by MLS GRID
Pending Sale$950,000
Mar 13, 2023•$313/sqft•NWMLS as distributed by MLS GRID
Price Change$950,000
Mar 3, 2023•$313/sqft•NWMLS as distributed by MLS GRID
Price Change$999,000
Feb 11, 2023•$329/sqft•NWMLS as distributed by MLS GRID
Price Change$1,075,000
Jan 28, 2023•$354/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,100,000
Jan 16, 2023•$363/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,100,000
Nov 22, 2022•$363/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,100,000
Nov 17, 2022•$363/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
Oct 8, 2022•Zillow Rental Network Premium
Listed For Rent$1,195
Sep 30, 20220•Zillow Rental Network Premium
Sold$440,000
Sep 16, 2020•$145/sqft•Public Record
Tax history
17 years of records
YearTax paidAssessed value
Apr 7, 2024$8,547$792,400
Apr 7, 2023$8,604$792,400
Apr 7, 2022$19,488$545,800
Apr 7, 2021$12,381$474,300
Apr 7, 2019$3,897$378,100
Apr 7, 2018$4,125$315,100
Apr 7, 2017$4,507$274,000
Apr 7, 2016$4,165$258,400
Apr 7, 2014$4,165$258,400
Apr 7, 2013$3,099$258,400
Apr 7, 2012—$191,500
Apr 7, 2011—$191,500
Apr 7, 2010—$199,300
Apr 7, 2009—$215,400
Apr 7, 2008$2,579$215,500
Apr 7, 2007$2,579$205,000
Apr 7, 2002$2,034$126,800
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
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Based on information submitted to the MLS GRID as of 2026-04-07 09:28:23 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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