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About the Listing 5701 - 55403
This Lakewood duplex brings in $4800 per two units, and tenants pay utilities on top of rent. Both units were fully renovated in 2026. More than $125,000 went into bringing the duplex up to the City of Lakewood rental housing requirements. The work covered flooring, bathrooms, plumbing, electrical, furnaces, basement windows, appliances, painting, roof and gutter cleaning and other fixtures. Each units lives like a single family home, with its own attached one car garage for parking and storage and its own large fenced backyard. Fencing separates the two yards from each other and from the neighboring lots, so each household gets private outdoor space for play, pets or summer barbecues. Unit 12403 has 3 bedrooms, 1bath, a bright galley kitchen with eat-in dining, two family rooms and a wood-burning fireplace for cozy evenings. It rents for $2,500 per month plus utilities. Unit 12405 has 3bedrooms, 1.75 bathrooms, a bright galley kitchen with eat-in dining, two family rooms and a wood burning fireplace. It's leased at $2,300 per month plus utilities through May 2027.The property is minutes from American Lake and local parks. The major systems are already updated, so the next owner can focus on leasing instead of repairs!!!
Listing Highlights for 12403 -12405 Edgewood Ave SW
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
2591137
Year Built
1957
Total Square Footage
2,496
Lot/Acreage
0.15
Interior Details
- Bedrooms: 6
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Forced Air
- Heating: Forced Air
- Fireplaces: 0
- Floor: Laminate
- Basement:
- Other:
- Water: Community
Exterior Details
- Lot Description: Cul-De-Sac,Paved,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
- Garage Capacity: 2 car
- Parking Spaces: 4
- Roof: Composition
- Others: Wood,Wood Products,Good
- Sewer: Sewer Connected
- Parking Features: Covered,2 Carport,2 Garage
Financial Details
- Tax Amount: $475
- Taxes w/Assessments: N/A
- Tax/Property ID: 6385200020
- Tax Year: 2026
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Listing Location
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12403 -12405 Edgewood Ave SW Lakewood, WA 98498
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