Listed by Hau Nguyen, HDN Real Estate
- 4,584
- Square feet
- $360
- Per sq ft
- Multi Family
- Type
- 1960
- Year built
- 19,200 sq ft
- Lot
- 198
- Days on market
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.
Location & commute
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Jeff's Neighborhood Guide
Get to know the Lakewood area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2497467
- Listed
- March 27, 2026
- Days on market
- 198
- Price per sq ft
- $360
Unit & building
- Stories in building
- 1
- Units in building
- 8
Parking
- Total spaces
- 9
Construction
- Year built
- 1960
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardFireplace InsertWall Furnace
- Cooling
- None
- Energy source
- ElectricNatural Gas
Flooring
- Flooring
- Ceramic TileHardwoodLaminateCarpet
Lot
- Lot size
- 19,200 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Lakewood Water Dist.
- Sewer
- Pierce County Sewer
- Power
- PSE
Schools
- District
- Lakewood
- Elementary
- Lakewood Elem
- Middle
- Lakewood Mid
- High
- Lakewood High
What stands out to you?
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- Multi Family
- Composition
- Baseboard
- Fireplace Insert
- Wall Furnace
- None
- Electric
- Natural Gas
- Ceramic Tile
- Hardwood
- Laminate
- Carpet
Listing history
Listed
$1,650,000
March 27, 2026
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
$9,608
- Principal & interest
- $8,343
- Property tax (est.)
- $1,265
Assumes $330,000 down (20%), a $1,320,000 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 October 12, 2026 at 3:30 AM 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.