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$998,500

  • For Sale
  • Active
  • Multi-Family
  • 1 Car Garage
  • Updated 5 days ago

Listed by Jeff Pollock | Skyline Properties, Inc. | (253) 604-6000

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Rare Fourplex in Lakewood. Turnkey investment opportunity! This unique property includes two single-family homes + one duplex on a large 0.62-acre lot. All units are modernized with updated kitchens, baths, flooring, and more. ready for strong, stable tenants. Gross rents average $8,000/month. Fully renovated & low maintenance. Minutes to JBLM, I-5, and Lakewood Transit. Rare 3-bedroom units create a high tenant demand. Plenty of yard space & parking. Whether you're an investor seeking reliable cash flow or looking to house-hack, this property checks all the boxes. Solid cap rate, prime location, and future upside potential!Don't miss this one-schedule your showing today!

Full Property Details for 11213 Kline St SW

General

  • Price: $998,500
  • Taxes: $7,885 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2439007
  • Updated: 1/13/2026
  • Added to Site: 110 day(s) ago

Interior

  • Flooring: Vinyl, Vinyl Plank, Carpet

Additional Information

  • Amenities: Cable TV, High Speed Internet

Parking

  • Garage Spaces: 1
  • Covered Spaces: 1
  • Uncovered Spaces: 8

Location

  • Area: 37 - Lakewood
  • County: Pierce
  • Subdivision: Lakewood
  • Driving Directions: please use your GPS and do not disturb tenants . Thank you

School Information

  • High School District: Lakewood
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard, Forced Air

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood, Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 3,603
  • Year Built: 1945
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.618
  • Lot Size (Sq. Ft.): 26,921
  • Lot Size Source: assessor
  • Lot Features: Paved
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $7,885
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 219122142

Listed by Jeff Pollock | Skyline Properties, Inc. | (253) 604-6000

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 11213 Kline St SW

School District:Clover Park School District
NameGradesDistance
Lakeview Hope Academy
10501 47th Avenue Southwest, Lakewood, WA 98499
K-50.4 mi
Lochburn Middle School
5431 Steilacoom Boulevard Southwest, Lakewood, WA 98499
6-81.8 mi
Clover Park High School
11023 Gravelly LK DR SW, Lakewood, WA 98499
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11213 Kline St SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/10/2025
Price Reduced
$998,500
-4.9%
MLS
10/01/2025
Listed
$1,050,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 11213 Kline St SW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,884
16%
$626,600
—
2024
$6,823
17%
$626,600
13%
2023
$5,829
2%
$555,900
15%
2022
$5,721
3%
$482,900
15%
2021
$5,539
5%
$419,900
9%
2020
$5,263
34%
$384,700
20%
2019
$3,923
-6%
$320,600
15%
2018
$4,169
-7%
$278,800
-4%
2017
$4,472
9%
$289,000
10%
2016
$4,105
-6%
$262,700
—
2014
$4,358
—
$262,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Jeff Pollock | Skyline Properties, Inc. | (253) 604-6000

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11213 Kline Street SW, Lakewood, WA 98499 (MLS# 2439007) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 11213 Kline Street SW is currently listed for $998,500 and was received on October 01, 2025. Want to learn more about 11213 Kline Street SW? Do you have questions about finding other Multi-Family real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.

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