**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while… Read More enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units! Read Less
Listing courtesy of RE/MAX Northwest
Listing Snapshot
Cumulative Days On Market
45
Days on Website
3
Last Updated
Property Type
Multi Family
Square Ft.
6,066
Lot Size
0.62 Acres
Year Built
1962
Property Tax
$12,656
MLS Number
2555633
30 Days Snapshot Of 98499
$595k
+6%
(avg) sold price
19
-32%
homes sold
52
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 6066, Building Area Units: Square Feet, Calculated Square Footage: 6066, Elevation Units: Feet, Leasable Area: 6066, Living Area: 0, Number Of Units Total: 6, Stories Total: 1, Structure Type: Multi Family, Units In Building Total: 8, Year Built: 1962, Year Built Effective: 1985
Sewer: Sewer Connected, Sewer Company: Pierce County Sewer
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: TPU, Power Production Type: Electric, Water Company: Lakewood Water District, Water Source: Public
Based on information submitted to the MLS GRID as of . 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. Listings last updated on ,
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