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$955,000
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Property Description
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
Full Property Details for 11213 Kline St SW
General
- Sold For: $955,000
- Taxes: $7,885 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2439007
- Added to Site: 239 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, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 219122142
Listed by Jeff Pollock | Skyline Properties, Inc. | (253) 604-6000
Sold by Lindsey Davis | Terrafin and Michelle Love | Terrafin
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Schools
Schools serving 11213 Kline St SW
School District:Clover Park School District
| Name | Grades | Distance |
|---|---|---|
Lakeview Hope Academy 10501 47th Avenue Southwest, Lakewood, WA 98499 | K-5 | 0.4 mi |
Lochburn Middle School 5431 Steilacoom Boulevard Southwest, Lakewood, WA 98499 | 6-8 | 1.8 mi |
Clover Park High School 11023 Gravelly LK DR SW, Lakewood, WA 98499 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11213 Kline St SW
Date
Details
Price
Change
Source
4/14/2026
Sold
$955,000
-4.36%
MLS
11/10/2025
Price Reduced
$998,500
-4.9%
MLS
10/01/2025
Listed
$1,050,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11213 Kline Street SW, Lakewood, WA 98499 (MLS# 2439007) is a Multi-Family property that was sold at $955,000 on April 14, 2026. 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.

