8906 Wadsworth Street SW Lakewood, WA 98498

Active (11 Days)

$450,000

1,934

SQFT

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Description

Prime American Lake Investment Opportunity With Lake Views! This unique duplex-zoned property currently offers three separate units (A,B,&C) with individual meters, just a block from American Lake's waterfront. Enjoy a great-sized, corner lot in a fantastic location that provides both lifestyle and returns. Recent updates include a brand-new septic system, fresh interior and exterior paint, new carpets, and a new roof on the cottage building. All units currently vacant but previous income was ~$2600/mo. Easy access to JBLM, Madigan Hospital, and I-5 freeway. This is a terrific chance to own a multi-family property with significant upside potential.

MLS #:
2413974

Lot Size
9,000 SQFT

Type
Multifamily

Year Built
1952

Style
Duplex

Views
Lake, Partial

School District
Lakewood

County
Pierce County

Community
Tillicum

Listed By

Michael Nowbar-Nekahi, Coldwell Banker Danforth

Source
Northwest MLS as distributed by MLS Grid
Last checked Aug 10 2025 at 9:47 AM GMT+0000

Bathroom Details

Subdivision

Tillicum

Lot Information

Corner Lot
Paved

Property Features

Fenced-Partially
High Speed Internet
Fireplace: 0

Heating and Cooling

Baseboard

Flooring

Hardwood
Laminate
Vinyl
Carpet

Exterior Features

Wood
Roof: Composition

Utility Information

Sewer: Available, Septic Tank
Fuel: Electric

School Information

Elementary School: Buyer to Verify
Middle School: Buyer to Verify
High School: Buyer to Verify

Location

Map View | Street View

Listing to Address

Address to Listing

Calculate drive times to this property

Disclaimer: Based on information submitted to the MLS GRID as of 8/10/25 02:47. 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.