8601 8603 Maple Street SW, Lakewood, WA 98498

Property Description

Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 2:19PM

Listing Office:

COMPASS : 253-987-1778

Listing Agent:

Jim Swanson : 253-987-1778

MLS ID:

2544520

Interior

• Flooring: LaminateSoftwoodVinyl
• A/C: None
• Heating: Forced Air
• Fireplace: Fireplaces: 0

Exterior

• General: WoodWood Products
• Parking: Parking spaces: 6

Construction

• Roofing: Composition
• General: 52 - DuplexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Clover Park
• County: Pierce

Lot

• Zoning: 2200003700

Utilities

• Water: Public
• Sewer: Septic Tank

Financial

• Source: nwmls