#2394876, Khalid Farrah, Listing office: Premier Real Estate Partners
#2350146·
Listing office: Targa Real Estate Services Inc·
Listing agent: Peggy Kellogg·
Listing office phone: 253-815-0393
$1,125,500 List price
11213 Kline St SW Lakewood, WA 98499
0.6 acres
House
Property details
About 11213 Kline St SW
Prime 4-Unit Multi-Family investment with ~7% cap rate! Generating $8K in monthly rental income with stable tenants in place. This large 27k sqft lot has 2 single family homes and 1 duplex. All the units enjoy spacious interiors and large yards. The property is ideally located near major freeways, JBLM, and Lakewood Transit Station. This turnkey property offers strong cash flow and excellent investment potential in a sought-after neighborhood. Don’t miss out—properties like this move quickly!
Highlights
HeatingBaseboard, Forced Air
StatusActive
Lot size0.618 Acres
Year built1940
MLS #2350146
ViewTerritorial
Summary
- Flooring Type: Engineered Hardwood, Hardwood, Vinyl, Carpet
- View: Territorial
- Exterior: Wood, Wood Products
- Heating: Baseboard, Forced Air
- Cooling: None
- List Price: $1,125,500
- HOA Amount: $0
- Directions: From I-5 to Exit 125, Bridgeport Way right on 112th St SW becomes 11th, south on Kline to property on the right.
- Year Built: 1940
- Stories: 1
- Lot Size: 0.618 Acres
- MLS Number: 2350146
- MLS Name: NWMLS
- Office Name: Targa Real Estate Services Inc
- Office Phone: (253) 815-0393
- Listing Agent: Peggy Kellogg
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 6:32:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Lakeview Hope Academy
Public District KG-5
0.4 mi
•10501 47th Ave SW
3
Tyee Park Elementary School
Public District KG-5
0.7 mi
•11920 Seminole Rd SW
2
Park Lodge Elementary School
Public District KG-5
1.4 mi
•6300 100th St SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,156. The most common annual income of people living in Lakewood, WA is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
66%
<35k
21%
35k-100k
9%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
24%
Single, with Kids
9%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Pro Wrestling
NBA/WNBA
Where do the neighbors shop?
Burlington
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Popeyes
Cicis Pizza
Starbucks
What do the neighbors drive?
Dodge
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 11213 Kline St SW
The listing price of 11213 Kline St SW property is $1,125,500.
The property 11213 Kline St SW is a house located in Lakewood, Washington, 98499.
Active Listing: 11213 Kline St SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11213 Kline St SW are: Lakeview Hope Academy (GreatSchools Rating 4/10), Tyee Park Elementary School (GreatSchools Rating 3/10), Park Lodge Elementary School (GreatSchools Rating 2/10), Lochburn Middle School (GreatSchools Rating 2/10), Keithley Middle School (GreatSchools Rating 2/10), Hudtloff Middle School (GreatSchools Rating 3/10), Cpsd Open Doors Program (GreatSchools Rating 2/10), Clover Park High School (GreatSchools Rating 3/10), Harrison Preperatory School (GreatSchools Rating 5/10).
The property at 11213 Kline St SW has 0 bathroom.
The sq. ft. of 11213 Kline St SW is not available (source: MLS/tax record).
The year of construction for 11213 Kline St SW is 1940.
This home is located at 11213 Kline St SW in Lakewood, WA and zip code 98499. Features: 0 bathroom. It has been listed on Rocket Homes since March 27, 2025 and is currently priced at $1,125,500.
Over 11 listings were sold over their listed price in June 2025 in Lakewood, WA. In the same period over 16 listings were sold below the listed price and 12 listings were sold for the listed price. The number of homes for sale in Lakewood, WA increased by 8.1% between May and June 2025. In June 2025 median list price was $514,000 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.