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$405,000
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Property 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.
Full Property Details
Full Property Details for 8906 Wadsworth St SW
General
- Sold For: $405,000
- Taxes: (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2413974
- Added to Site: 172 day(s) ago
Interior
- Flooring: Hardwood, Laminate, Vinyl, Carpet
Additional Information
- Amenities: Fenced-Partially, High Speed Internet
- Security/Safety: Partially Fenced
Parking
- Uncovered Spaces: 5
Location
- Area: 41 - Lakewood/Tillicum
- County: Pierce
- Subdivision: Tillicum
- Driving Directions: From I-5 take Exit #122, West on Berkeley St SW, right on Portland Ave SW, left on Wadsworth St SW, home is on your right side (corner)
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
Utilities
- Sewer: Available, Septic Tank
- Water: Public
Structural Information
- Structure Type: Duplex
- Exterior Const.: Wood
- Roof: Composition
- Stories in Building: 1
- Square Feet: 1,934
- Year Built: 1952
- Property Condition: Fair
Lot Features
- Property View: Lake, Partial
- Lot Size (Acres): 0.2066
- Lot Size (Sq. Ft.): 9,000
- Lot Size Source: Public Records
- Lot Features: Corner Lot, Paved
Financial Considerations
- Tax Year: 2025
- Terms: Cash Out, Conventional, VA Loan
Disclosures and Reports
- Special Conditions: None
- Property ID: 219212123
Listed by Mike Nowbar-Nekahi | Coldwell Banker Danforth | (206) 971-8800
Sold by Jim Dierst | John L. Scott, Inc.
Get Pre-Approved Today
Schools
Schools serving 8906 Wadsworth St SW
School District:Clover Park School District
| Name | Grades | Distance |
|---|---|---|
Tillicum Elementary School 8514 Maple ST SW, Lakewood, WA 98498 | K-5 | 0.3 mi |
Clover Park High School 11023 Gravelly LK DR SW, Lakewood, WA 98499 | 9-12 | 3 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 8906 Wadsworth St SW
Date
Details
Price
Change
Source
8/23/2025
Sold
$405,000
-4.71%
MLS
8/12/2025
Price Reduced
$425,000
-5.56%
MLS
7/31/2025
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8906 Wadsworth Street SW, Lakewood, WA 98498 (MLS# 2413974) is a Multi-Family property that was sold at $405,000 on August 23, 2025. Want to learn more about 8906 Wadsworth 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.

