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9002 154th Avenue Ct Nw, 
Lakebay, WA 98349

$1,900,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Pending

Listed by

Nicolas Lind

Commencement Bay Brokers LLC.

Last updated:

June 4, 2025, 11:49 PM

MLS#

2371589

Source:

NWMLS

About This Home

9002 154th Avenue Ct Nw

Incredible opportunity to purchase the Kayla Rae! This well maintained two building, 13 unit apartment complex, is in fantastic condition. Units are clean with newer carpets, paint, and vinyl windows. Great tenants and always rented; all 13 apartments are currently occupied. Rent is currently less than market value and stable cap rate is approximately 5.4%. Apartments are all metered separately and there is a potential for more density. Coin operated laundry on-site. Pre-inspection conducted and report available upon request. Located in the heart of Key Center and close to shopping, retail, and restaurants. Wonderful addition to anyone's investment portfolio and/or real estate holdings!

Home Facts

Multi-Family

Built in 1993

Price Summary

1,900,000

MLS #:

2371589

Last Updated:

June 4, 2025, 11:49 PM

Structure

Structure

Year Built:

1993

Lot

Lot Size (Sq. Ft):

100,188

Finances & Disclosures

Finances

Price:

$1,900,000

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 8, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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