Lakewood, WA 98498 217 A & B Lake Louise Drive SW
$489,000
Pending
14 more
Presented By: RE/MAX Exclusive and NWMLS
- MLS# 2412728
- 07/26/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 1,144
Home Details
Discover an exceptional duplex opportunity nestled on a hillside w/stunning Lake Louise view! Recently remodeled property offers the perfect blend of rental income potential and/or personal living space. Charming Studio Unit A features well-designed living space, complete with a full kitchen, bath & large living space. Unit B includes 2 comfortable bedrooms; full bath, WA & Dryer & a modern kitchen w/ French doors opening to a generous patio. Grab you kayak and walk to the public boat launch. Currently generating rental income from both units-This is a turnkey investment! Looking to build your real estate portfolio or create your own live-in investment, this Lake Louise gem delivers both financial opportunity and lifestyle appeal.
Presented By: RE/MAX Exclusive and NWMLS
Interior Features for 217 A & B Lake Louise Drive SW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 217 A & B Lake Louise Drive SW
Building Area UnitsSquare Feet
Cap Rate6
Carport Spaces2
Carport Y/NNo
CityLakewood
CoolingNone
CountyPierce
DirectionsSteilacoom Blvd SW south onto Hipkins Rd SW, follow to 104th St SW, South on Lake Louise Dr, Buildings on the left
Electric Expense1068
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictClover Park
Insurance Expense1010
Leasable Area1144
Listing TermsCash Out, Conventional
Lot Size Square Feet15682
Lot Size UnitsSquare Feet
MLS Area38 – Lakewood
ModificationTimestamp2025-09-09T20:54:11.381Z
NWM_ShowMapLinkY
Net Operating Income33005
New ConstructionNo
Number Of Units Total2
Open Parking Spaces2
PossessionClosing, Subject to Tenant Rights
Possible UseMulti-Family, Residential
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksDiscover an exceptional duplex opportunity nestled on a hillside w/stunning Lake Louise view! Recently remodeled property offers the perfect blend of rental income potential and/or personal living sp
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeDuplex
Subdivision NameLake Louise
Tax Annual Amount4073
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewLake
Water CompanyLakewood Water District
Water Sewer Garbage1512
Year Built1950
Zoning DescriptionMulti-Family, Residential
Exterior for 217 A & B Lake Louise Drive SW
Building Area Total1144
Covered Spaces
Exterior AmenitiesWood
Foundation DetailsPoured Concrete, Slab
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.36
Parking Uncovered Spaces2
Site FeaturesOutbuildings, Patio
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®