Listed by Dan Dodge, All Real Estate Solution
- Land
- Type
- 114,127 sq ft
- Lot
- 151
- Days on market
About this property
2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra multiunit cash flow. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2479359
- Listed
- February 12, 2026
- Days on market
- 151
- Original list price
- $600,000
Views
- View
- Territorial
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- CurbsPavedSidewalk
- Lot size
- 114,127 sq ft
Terms
- Terms offered
- CashConventionalOwner Will CarrySee Remarks
Utilities
- Utilities
- Electricity Available
- Water
- Available
- Sewer
- In Street
Schools
- District
- Clover Park
- Elementary
- Tillicum Elem
- Middle
- Woodbrook Mid
- High
- Clover Park High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Territorial
- None
- Curbs
- Paved
- Sidewalk
- Cash
- Conventional
- Owner Will Carry
- See Remarks
- Electricity Available
- Available
- In Street
Listing history
Listed
$600,000
February 12, 2026
Current price
$399,950
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$2,329
- Principal & interest
- $2,022
- Property tax (est.)
- $307
Assumes $79,990 down (20%), a $319,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. 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.