Lakewood WA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 7,983
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1942
- Baths:
- MLS#:
- 2335245
- Subdivision:
- Tillicum
View additional info
Courtesy: Compass
360-969-0669
Coleton Pantley
ADDITIONAL INFORMATION
Wonderland is a rare value-add property on a large corner lot, ideally located near JBLM, Boeing, and UW Tacoma - without Tacoma's rental restrictions. This diverse asset includes a renovated fourplex, two single-family homes, and two duplex-style cottages with classic interiors ready for modernization and rent increases. A 1,200 SF storage unit offers conversion potential into an additional 3-bed/2-bath or two smaller units. Six garages provide extra income opportunities at $100+ per month each. With historically high occupancy, low turnover, and no delinquency, Wonderland presents a strong investment with significant upside potential.
$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
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 $513,500. 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 $513,500. 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 98498 has a population of 62,972. Lakewood 98498 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 98498 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 98498 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.