6801 -6803 Steilacoom Boulevard SW, Lakewood, WA, 98499
About This Home
This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Updated/Remodeled
- Year built: 1951
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick,Cement Planked,Cement Plank
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating & Cooling
- Heating features: Wall Furnace,Electric
- Cooling features: None
Interior Area
- Total structure area: 1,548
- Total interior livable area: 1,548 sqft
Property
Details
- Parcel number: 6810100090
- Zoning description: Jurisdiction: City
- Special condition: Standard
Lot
- Lot size: 9,883 sqft
- Features: Corner Lot,Sidewalk,Fenced-Fully,High Speed Internet
Parking
- Total spaces: 6
- Covered spaces: 6
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,135 | $37,620 |
| Home Insurance * | $173 | $2,076 |
| Property Taxes | $439 | $5,268 |
| Electricity | $149 | $1,793 |
| Total | $3,896 | $46,752 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $620,000 |
| 2026-03-10 | Listed for sale | $630,000 |
| 2026-01-01 | Listing removed | $625,000 |
| 2025-12-02 | Price change | $625,000 |
| 2025-12-01 | Pending sale | $635,000 |
| 2025-11-06 | Listed for sale | $635,000 |
| 2023-05-31 | Sold | $620,000 |
| 2023-05-01 | Pending sale | $629,000 |
| 2023-04-26 | Listed for sale | $629,000 |
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