Listed by Tamara Paul, RE/MAX Northwest
- 6,066
- Square feet
- $371
- Per sq ft
- Multi Family
- Type
- 1962
- Year built
- 27,000 sq ft
- Lot
- 39
- Days on market
About this property
Exceptional 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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2530635
- Listed
- June 4, 2026
- Days on market
- 39
- Price per sq ft
- $371
Unit & building
- Stories in building
- 1
- Units in building
- 8
Parking
- Total spaces
- 10
Views
- View
- Territorial
Construction
- Year built
- 1962
- Style
- 55 - 5-9 Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- BaseboardWall Furnace
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- LaminateCarpet
Lot
- Lot features
- Corner Lot
- Lot size
- 27,000 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Lakewood Water District
- Sewer
- Pierce County Sewer
- Power
- TPU
Schools
- District
- Lakewood
- Elementary
- Buyer To Verify
- Middle
- Lakewood Mid
- High
- Lakewood High
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Territorial
- Multi Family
- Composition
- Baseboard
- Wall Furnace
- None
- Electric
- Laminate
- Carpet
- Corner Lot
- Cash
- Conventional
Listing history
Listed
$2,250,000
June 4, 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
$13,102
- Principal & interest
- $11,377
- Property tax (est.)
- $1,725
Assumes $450,000 down (20%), a $1,800,000 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.
Similar nearby listings

$1,800,000
22 Loch Lane SW
Lakewood, WA

$1,699,000
10837 Evergreen Terrace SW
Lakewood, WA

$1,900,000
12413 Bridgeport Way SW
Lakewood, WA

$1,995,000
10007 Lake Steilacoom Drive SW
Lakewood, WA

$2,499,000
4 Thornewood Lane SW
Lakewood, WA

$1,690,000
6718 76th Street W
Lakewood, WA
Based on information submitted to the MLS GRID as of July 14, 2026 at 12:45 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.