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Listing courtesy of NWMLS / Targa Real Estate Services Inc

11213 Kline Street SW

Lakewood, WA 98499

– beds
– baths
– sqft
~1/2 acre lot
1976 build

Investor's dream! Prime 4-Unit Multi-Family opportunity in a highly desirable location. This well-located, income-generating property is ready for the next savvy investor! Offering four spacious units, this multi-family gem is the perfect opportunity to add value with a little TLC. Situated in a sought-after neighborhood, it's just minutes away from major freeways, convenience stores, and a variety of entertainment options. Minutes to JBLM and a two minute walk to the Lakewood transit station. Whether you're looking to renovate for higher rents or simply maintain as-is, the potential here is endless. Don't miss your chance to capitalize on this great investment opportunity!

Listing courtesy of NWMLS / Targa Real Estate Services Inc

Last checked: Checking… • Last updated Mar 27, 2025 •

MLS# 2350146 —

The Building

Year Built:

1940
Year Built:

1976
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Duplex
Roof:

Composition
Foundation Details:

Poured Concrete
Exterior Features:

Wood, Wood Products
Units In Building Total:

4
# of Units Total:

4
Stories Total:

1
Building Area Units:

Square Feet
Construction Materials:

Wood

Interior

Interior Features:

Hardwood, Wall to Wall Carpet
Flooring:

Engineered Hardwood, Hardwood, Vinyl, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.155272
Longitude:

-122.496518
Directions:

From I-5 to Exit 125, Bridgeport Way right on 112th St SW becomes 11th, south on Kline to property on the right.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Parcel Number:

0219122142
Lot Size Units:

Square Feet
Lot Size Dimensions:

26921
Lot Size Acres:

0.618
Lot Size SqFt:

26921
Lot Size Source:

Realist
Zoning Description:

Multi-Family
View:

Territorial
View:

true
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

7885

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard, Forced Air

Utilities

Water Company:

Lakewood Water
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Pierce County
Power Company:

Puget Sound Energy
Water Sewer Garbage:

625

Schools

Elementary School:

Buyer To Verify
Middle Or Junior School:

Buyer To Verify
High School:

Buyer To Verify
High School District:

Lakewood

The Community

Subdivision Name:

Lakewood
Senior Community:

false
Association:

false

Parking

Parking Total:

4
Parking Uncovered Spaces:

4
Open Parking:

true
Open Parking Spaces:

4
Carport:

false
Covered Spaces:

1

Listing courtesy of NWMLS / Targa Real Estate Services Inc

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Tue Apr 01 2025 07:41 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Sale history

Date	Event	Source	Price	% Change
3/27/25 Mar 27, 2025	Listed / Active	NWMLS	$1,150,500	108.2% (9.2% / YR)
5/31/13 May 31, 2013		NWMLS	$552,500

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This multifamily located in Lakewood, WA 98499 is currently for sale for $1,150,500. 11213 Kline Street SW is a – square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Lochburn Middle School, Clover Park Early Learning Program, Clover Park High School, and Lakeview Hope Academy.

Listing courtesy of NWMLS / Targa Real Estate Services Inc

Disclaimer: The information contained in this listing has not been verified by Targa Real Estate Services Inc and should be verified by the buyer.