Lakewood WA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,218
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 2315200
- Subdivision:
- Lakeview
View additional info
Courtesy: The Real Estate Firm
509-201-0005
Brittney Bredl
ADDITIONAL INFORMATION
Amazing investment property! Whether you are looking to add to your portfolio or looking for your very first investment property, this would be a great one. Both units are currently rented with well established tenants. Updates within the last couple years include a new roof, exterior paint and interior remodels. In addition, updated 4 inch plastic sewer line all the way to the main. Both units have their own assigned storage area along with their own set of washer and dryer. Low maintenance, low owner utility costs, and in a highly developing area. Very few duplexes in all of pierce county for sale in this price point. An investors dream! Also, neighboring duplex next door for sale as well. MLS #2315563
- Type:
- Multi-Family
- Sq.Ft.:
- 1,386
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 2314929
- Subdivision:
- Lakewood
View additional info
Courtesy: COMPASS
425-637-7777
Kenneth Patton
ADDITIONAL INFORMATION
Exceptional Investment Opportunity with Significant Value-Add Potential. Unlock the full potential of this high-potential property! Located in a prime area, this investment offers immediate upside with value-add opportunities. Whether through strategic renovations, operational improvements, or repositioning, the property is primed for substantial returns. Roof was replaced a few years ago. Act quick on this amazing, yet practical investment. Must SEE!!!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,386
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 2313870
- Subdivision:
- Lakewood
View additional info
Courtesy: COMPASS
425-637-7777
Kenneth Patton
ADDITIONAL INFORMATION
Exceptional Investment Opportunity with Significant Value-Add Potential. Unlock the full potential of this high-potential property! Located in a prime area, this investment offers immediate upside with value-add opportunities. Whether through strategic renovations, operational improvements, or repositioning, the property is primed for substantial returns. Roof was replaced a few years ago. Act quick on this amazing, yet practical investment. Must SEE!!!
- Type:
- Multi-Family
- Sq.Ft.:
- 1,176
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1950
- Baths:
- MLS#:
- 2315563
- Subdivision:
- Lakeview
View additional info
Courtesy: The Real Estate Firm
509-201-0005
Brittney Bredl
ADDITIONAL INFORMATION
Amazing investment property! Whether you are looking to add to your portfolio or looking for your very first investment property, this would be a great one. Both units are currently rented with well established tenants. Updates within the last couple years include a new roof, exterior paint and interior remodels. In addition, updated 4 inch plastic sewer line all the way to the main. Both units have their own assigned storage area along with their own set of washer and dryer. Low maintenance, low owner utility costs, and in a highly developing area. Very few duplexes in all of pierce county for sale in this price point. An investors dream! Also, neighboring duplex next door for sale as well. MLS 2315200
- Type:
- Multi-Family
- Sq.Ft.:
- 1,200
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 2313819
- Subdivision:
- Tillicum
View additional info
Courtesy: Morrison House Sotheby's Intl
253-581-5100
Michael Morrison
ADDITIONAL INFORMATION
3 HOMES on 1 TAX Parcel; fully permitted remodels of cottages near JBLM and American Lake. Tastefully remodeled with all new EVERYTHING from siding; windows; roofs; landscaping and each home fully fenced. Interiors are fully redone with new sheetrock; LVP flooring, trims and paint. New kitchens with quartz counters, full appliance packages w/ Fridges; Ranges, D/W. Each home has its own WASHER/DRYER making them rent quickly! MASSIVE rental inquiries prove these cottages are worth their weight in gold; rents start at 2,025 EACH! Fully fenced rear yards, walking distance to Tillicum services and the AMERICAN LAKE BOAT launch/parks nearby. Easy & convenient access to JBLM, MADIGAN and I-5 corridor. New, Location & Income-all in one.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,026
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 2312163
- Subdivision:
- Clover Park
View additional info
Courtesy: Pellego, Inc.
425-441-3180
Shawn Darden
ADDITIONAL INFORMATION
Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. All three units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! Rents $3750. 2x1, 1x1, 0x1.
$1,600,000
5421 Chicago Avenue SW Lakewood, WA 98499
- Type:
- Multi-Family
- Sq.Ft.:
- 6,428
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 2310804
- Subdivision:
- Lakewood
View additional info
Courtesy: Keller Williams Tacoma
253-460-8640
Greg Stock
ADDITIONAL INFORMATION
4-Plex for sale! Townhouse style new construction. Live in one unit, and rent out the other 3! This building could also be converted into condos and sold separately. Spacious floorplans, high ceilings, functional layout with modernized open concept living. Buyer able to obtain 30 year fixed rate, this qualifies as a residential loan. Units feature waterproof LVP flooring, quartz counters throughout kitchen/bathrooms, Ductless HP mini split units for heating/ac as well as wall heaters. Separated backyards for each unit. Numbers provided on rent are estimated based on comparables in area.
$1,450,000
9227 N Lake Drive SW Lakewood, WA 98498
- Type:
- Multi-Family
- Sq.Ft.:
- 4,870
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1956
- Baths:
- MLS#:
- 2308006
- Subdivision:
- American Lake
View additional info
Courtesy: HomeSmart Real Estate Assoc
206-523-7653
Brandon Cline
ADDITIONAL INFORMATION
Rare opportunity to own this well-maintained, classic brick 8-unit apartment building, conveniently located on a quiet street just 2-blocks away from American Lake Park and lake access! An ideal investment in an ideal location! New restaurants, local pub, gourmet coffee stand, corner grocery stores, new laundromat & Route #214 bus stop are just steps away! Minutes from VA hospital, American Lake Golf Course & close to I-5, Lakewood Town Center, JBLM & Fort Steilacoom Park. There are (2) two-bdrm units & (6) one-bdrm units. Rents are below market rates & there is much room for increases! All units have updated kitchens w/gas ranges & quartz counters, tiled bathrooms, new hot water tanks & updated electrical panels. New roof installed in 2024
- Type:
- Multi-Family
- Sq.Ft.:
- 1,536
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 2305578
- Subdivision:
- Lakewood
View additional info
Courtesy: 253 Realty
253-444-5190
Shawn Viguerie
ADDITIONAL INFORMATION
Unlock the power of smart real estate with this rare duplex opportunity, now featuring new roofs, fresh paint, and upgraded kitchens in both units! Each unit also includes brand-new washers and dryers, adding convenience for tenants and peace of mind for owners. Whether you're a first-time homebuyer looking to cut costs by renting one unit while living in the other, or seeking space for multi-generational living, this property offers flexibility and financial freedom. For those downsizing, move into one unit and enjoy passive income from the other. This is more than a home—it's a strategic investment. Don’t wait; this duplex won’t last! Please do not go onto the property or disturb the tenants.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,308
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 2305404
- Subdivision:
- Lakewood
View additional info
Courtesy: 253 Realty
253-444-5190
Shawn Viguerie
ADDITIONAL INFORMATION
Seize this unique opportunity—a house and duplex on the same property, now with new roofs, updated paint, and fully remodeled kitchens in all units! Each unit also includes new washers and dryers, making this a standout investment. Perfect for first-time homebuyers, live in the house and rent out the duplex to dramatically lower monthly payments. Separate living areas provide space and privacy for multi-generational households, while downsizers can move into one unit and let rental income from the others cover costs. This property is more than real estate; it’s a versatile wealth-building strategy. Act fast—opportunities like this don’t last! Please do not go onto the property or disturb tenants.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,568
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1946
- Baths:
- MLS#:
- 2284895
- Subdivision:
- Lakewood
View additional info
Courtesy: Mosaic Realty
253-302-3956
David Pichler
ADDITIONAL INFORMATION
Incredible investment opportunity on a spacious corner lot in Lakewood! This darling duplex features one side at 800 square feet with 2 BR/1BA, tastefully updated with new laminate flooring, interior paint and a fence, and the second side is a well maintained 768 square feet with 2 BR/1 BA with newer carpets. Brand new roof installed 9/7 on both units and the carport with transferable 50 yr warranty. The units are only connected via the carport in between them! Both units have separate water and power meters, all utilities except sewer are currently paid by tenants directly. Great curb appeal, ample parking, conveniently located to parks, public transportation and amenities. What's not to love?!:)
- Type:
- Multi-Family
- Sq.Ft.:
- 1,548
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1947
- Baths:
- MLS#:
- 2255444
- Subdivision:
- American Lake
View additional info
Courtesy: eXp Realty
888-421-2531
Amber Bate
ADDITIONAL INFORMATION
BOM. Investor Opportunity! Duplex. Great location. Near JBLM, Harry Todd Park, and minutes from I-5. Newer roof, 1 unit is a 3 bedroom plus bonus room and 1 bath and second is 1 bedroom 1 bath. Great corner lot, fenced in quiet neighborhood.
$1,750,000
4902 111th Street SW Lakewood, WA 98499
- Type:
- Multi-Family
- Sq.Ft.:
- 4,584
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1960
- Baths:
- MLS#:
- 2204265
- Subdivision:
- Lakewood
View additional info
Courtesy: HDN Real Estate
253-313-9300
Hau Nguyen
ADDITIONAL INFORMATION
Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.
Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Based on information submitted to the MLS GRID as of {{last updated}}. 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.
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Lakewood Real Estate
The median home value in Lakewood, WA is $515,000. This is higher than the county median home value of $509,000. The national median home value is $338,100. The average price of homes sold in Lakewood, WA is $515,000. Approximately 40.6% of Lakewood homes are owned, compared to 51.93% rented, while 7.48% are vacant. Lakewood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakewood real estate agent to arrange a tour today!
Lakewood, Washington has a population of 62,972. Lakewood is less family-centric than the surrounding county with 24.17% of the households containing married families with children. The county average for households married with children is 32.93%.
The median household income in Lakewood, Washington is $60,534. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in Lakewood is 35.7 years.
Lakewood Weather
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41.1 inches per year, with 5.3 inches of snow per year.