Lakewood WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,536
Status:
Active
Beds:
n/a
Year built:
1963
Baths:
MLS#:
2305578
Subdivision:
Lakewood

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

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.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1979
Baths:
MLS#:
2302122
Subdivision:
Lakewood

ADDITIONAL INFORMATION

The Malibu Apartments is a Turn-Key asset with in place 5.89% Cap Rate with moderate upside. Malibu is comprised of 14 residential units, all 1 bed/1 bath and approximately 520 SF. 2 buildings, consisting of 8 units and 6 units respectively. The 8-unit building saw a studs out remodel in 2023. All 14 units are turn key. Washer/Dryer in each unit and plenty of on-site parking.

Type:
Multi-Family
Sq.Ft.:
1,347
Status:
Active
Beds:
n/a
Year built:
1956
Baths:
MLS#:
2292926
Subdivision:
Lakewood

ADDITIONAL INFORMATION

Check out this beautifully appointed duplex in the heart of Lakewood. Perfect for the investor buyer that wants to run a short term rental business. All furnishings included. Photos are from rental listings prior to tenants move-in. Units were thoughtfully updated in 2020 with granite countertops, new appliances, new flooring, paint, etc. Stable occupancy and high demand have kept these units constantly full. Each side is 2 bedroom 1 bath and both feature washers/dryers.

Type:
Multi-Family
Sq.Ft.:
4,584
Status:
Active
Beds:
n/a
Year built:
1960
Baths:
MLS#:
2204265
Subdivision:
Lakewood

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.

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Lakewood Real Estate

The median home value in Lakewood, WA is $459,500. This is lower 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 $459,500. 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 98499 has a population of 62,972. Lakewood 98499 is more family-centric than the surrounding county with 33.1% 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 98499 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 98499 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.

Lakewood Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    57
    30-day change

Lakewood Schools and Demographics

Education near Lakewood, WA

Metric City County
High School Graduates 88.58 92.08
College Degree - 2 year 12.22 11.78
College Degree - 4 year 23.38 28.41
Graduate Degree 4.93 7.18
Expenditures per Student 18,363 18,363
Students per Teacher 18.7 18.7

Elementary Schools near Lakewood, WA

School Grades Students P/T Ratio ZIP
Brookdale Elementary School PK - 05 482 16.2 98444
Dower Elementary School PK - 05 309 14.3 98499
Evergreen Elementary School PK - 05 599 15.6 98433
Helen B. Stafford Elementary PK - 05 519 15.8 98444
Hillside Elementary School PK - 05 529 15.2 98433
James Sales Elementary School KG - 05 458 14.7 98444
Lakeview Hope Academy PK - 05 518 14.8 98499
Oakwood Elementary School PK - 05 356 13.8 98499
Park Lodge Elementary School PK - 05 338 13.1 98499
Rainier Elementary School PK - 05 549 16.1 98433
Southgate Elementary School PK - 05 643 15 98499
TYEE Park Elementary School PK - 05 395 12.8 98499

Middle Schools near Lakewood, WA

School Grades Students P/T Ratio ZIP
Clarkmoor Elementary School PK - 05 356 23.7 98433
Greenwood Elementary School PK - 05 367 22.2 98433
Hudtloff Middle School 06 - 08 761 19.8 98498
Lochburn Middle School 06 - 08 549 16.9 98499
Mann Middle School 06 - 08 411 17.6 98498
Perry G Keithley Middle School 06 - 08 719 16.3 98444
Woodbrook Middle School 06 - 08 508 17.6 98439

High Schools near Lakewood, WA

School Grades Students P/T Ratio ZIP
Clover Park High School 09 - 12 1,222 19.4 98499
Lakes High School 09 - 12 1,397 20 98498
Washington High School 09 - 12 967 18 98444

Ungraded Schools near Lakewood, WA

School Grades Students P/T Ratio ZIP
* Alfaretta House 11 - 12 138 98499
* Gates Open Doors Program 09 - 12 13 98444
* Gates Secondary School 08 - 12 185 11.7 98444
* Northwest Career and Technical High School 09 - 13 0 98499
* Re-Entry High School 09 - 12 5 98499
Firwood 04 - 12 36 7.2 98498
Harrison Prep School 05 - 12 491 18.1 98498
Special Education Services/Relife PK - 12 12 98439
Transition Day Students 05 - 12 14 98498

Demographics near Lakewood, WA 98499

Metric Zip Code City
Neighborhood Type Suburban
Population 62,972 910,225
Population Density 3,685 546
Median Age 35.7 36.4
People per Household 2.4 2.7
Median Household Income 60,534 82,574
Average Income per Capita 33,277 39,036