


5907 to 5909 SW 111th #07-09Lakewood, WA 98499
Multi-Family · 4 Beds · 2,360 Sq. ft. | 0.19 Acres5907 to 5909 SW 111th #07-09 Overview
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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!
5907 to 5909 SW 111th #07-09 Facts & Features
- Type Multi-Family
- Sq. ft. 2,360
- Price/Sq.ft. $250
- Lot 0.19 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Lakewood
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 52800
- Insurance Expense: 1600
- Net Operating Income: 44472
- Total Expenses: 8328
- Total Monthly Income: 4400
- Water/Sewer/Garbage: 1512
Building Information
- New Construction: No
- Year Built: 1958
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 36 - Lakewood
- Subdivision Name: Lakewood
Tax Information
- Tax Annual Amount: $5,216.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 6720100442
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 2360
- Building Area Units: Square Feet
- Calculated Square Footage: 2360
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Vinyl, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 2360
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
- Security Features: Fully Fenced
- Stories Total: 2
Unit Information
- Unit Number: 07-09
Exterior
Parking Information
- Open Parking: No
- Parking Total: 8
- Parking Uncovered Total: 6
Lot Information
- Irrigation Water Rights: No
- Lot Features: Paved
- Lot Size Acres: 0.1909
- Lot Size Square Feet: 8316
- Lot Size Units: Square Feet
- Site Features: Fenced-Fully
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Methods: Standard Frame
- Roof: Composition
- Structure Type: Duplex
General Information
- Carport Spaces: 2
- Carport: No
- Covered Spaces: 2
- Exterior Features: Wood
- Number Of Units Total: 2
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 2200
- Beds Total: 2
- Baths Total: 2
Unit 2 Details
- Actual Rent: 2200
- Beds Total: 2
- Baths Total: 2
5907 to 5909 SW 111th #07-09 Neighborhood
Community
98499 (Lakewood) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5907 to 5909 SW 111th #07-09 Monthly Cost
5907 to 5909 SW 111th #07-09 Market Data
Based on the last 30 days in this zip code
5907 to 5909 SW 111th #07-09 History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: NWMLS | Active |
|
| 5/26/2026Source: NWMLS | Pending |
|
| 5/20/2026Source: NWMLS | Pending Inspection |
|
| 4/30/2026Source: NWMLS | $590,077 -1.6% |
|
| 4/8/2026Source: NWMLS | April 08, 2026 |



































