11213 Kline St SW

Lakewood, WA 98499
  • $1,125,500

    Price
  • 12

    Bed
  • 4

    Bath
  • 3,900

    SqFt

About the Listing 1161 - 132822,139861

Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM, and Lakewood Transit Station. This turnkey property offers strong cash flow and excellent investment potential in a sought-after neighborhood. Don’t miss out—properties like this move quickly!

Listing Highlights for 11213 Kline St SW

Status Active
Days on Site 163
Property Type Multi-Family
MLS ® 2350146
Year Built 1940
Total Square Footage 3,900
Lot/Acreage 0.62
County Pierce
Neighborhood Lakewood
School District Lakewood

Interior Details

  • Bedrooms: 12
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Engineered Hardwood,Hardwood,Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Lakewood Water

Exterior Details

  • Lot Description: Zoning: Multi-Family
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Lot Dimensions: 26921
  • Zoning: Multi-Family
  • Roof: Composition
  • Others: Wood,Wood Products
  • Sewer: Pierce County

Financial Details

  • Tax Amount: $7,885
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0219122142
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

11213 Kline St SW Lakewood, WA 98499

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way