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A fantastic investment opportunity in Lakewood, Washington awaits with this rare property that features both a house and a duplex! Live in the main house and rent out the duplex to pay your mortgage, or rent out everything as 3 separate units—this dynamic property offers incredible potential. This property is also in an especially advantageous location—it’s merely minutes away from JBLM gates, I-5 access, American Lake, Harry Todd Park, and so much more. Plus, there are even partial views of American Lake! Located at 14718 Portland Avenue SW Lakewood, WA 98498, this Lakewood investment opportunity with a duplex is listed for $510,000.
Built in 1940, the main residence still shows off some of its vintage elements alongside modern updates while providing plenty of potential when it comes to bringing your own unique vision to life. Featuring a 756-square-foot layout with 2 bedrooms and 1 bath, the main house lives much larger than the square footage. The living room is bathed in warm natural light, offering an inviting atmosphere that’s ready to become a haven of relaxation and gathering.
In the kitchen, the design makes the most of the space and features ample cabinet storage. And if you’d like, there’s room to expand storage options or add in a cute bistro table! Laundry amenities are adjacent to the kitchen, and here you’ll find even more room for storing pantry items and household essentials.
In the duplex, each unit includes 1 bedroom and 1 bath. Each unit is ready to become a comfy retreat that’s ready to rent out. And even more possibilities await in the 289-square-foot detached garage.
This property has vehicle access on both Portland Ave SW and Woodlawn St SW, and there’s tons of yard space to transform if you feel like it! Find room for RV parking, gardens, a deck and patio, a play toy, and more. When you’d like more outdoor space, Harry Todd Park is practically in your backyard!
What Is It Like to Live in Lakewood, Washington?
At 14718 Portland Avenue SW Lakewood, WA 98498, you’re in an excellent location that’s merely minutes to schools, parks and other outdoor destinations, I-5 access, Joint Base-Lewis McChord, shopping, dining… and more!
Enjoy being literally across the street from Harry Todd Park, a 17-acre park that’s on American Lake. Much of the park has been recently renovated, and you’ll find a long list of amenities to enjoy. A playground, playfields, tennis and basketball courts, picnic shelters, public restrooms, a swimming beach, a fishing pier, boat docks, and more all await!
This location is also ideal for those who commute—Joint Base Lewis-McChord gates are just a few minutes away, and Interstate-5 access is a quick 3-minute drive from home.
Interested in learning more? Click here to view the full listing! You can contact REALTOR® Mark Bergman online here or give him a call/text at (253) 297-5520.
