Active · Residential Income

4902 111th Street SW, Lakewood, WA 98499-5407

Lakewood, WA 98499

$1,650,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by HDN Real Estate · MLS #2497467 · Active

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About this property

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

Property details

Property type: Multi Family
Year built: 1960
Lot size: 19,200 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $9,856 (2025)
Parking spaces: 9
School district: Lakewood

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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