Active · Residential Income

8303 John Dower Road SW, Lakewood, WA 98499

Lakewood, WA 98499

$2,137,500

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by RE/MAX Northwest · MLS #2555633 · Active

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About this property

**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 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!

Property details

Property type: Multi Family
Year built: 1962
Lot size: 27,000 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $12,656 (2026)
Parking spaces: 10
School district: Lakewood

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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