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JRJeff ReynoldsCompass · Seattle

Listed by Julia Kim-Cutts, Every Door Real Estate

2,848
Square feet
$361
Per sq ft
Multi Family
Type
1986
Year built
9,000 sq ft
Lot
25
Days on market

About this property

Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

Location & commute

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Directions

Property details

Listing details

Listing number
#2541782
Listed
June 18, 2026
Days on market
25
Price per sq ft
$361

Unit & building

Stories in building
2
Units in building
4

Parking

Total spaces
8

Construction

Year built
1986
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
Electric

Flooring

Flooring
Vinyl PlankCarpet

Lot

Lot features
Paved
Lot size
9,000 sq ft

Terms

Terms offered
CashConventional

Utilities

Sewer
Sewer Connected

Schools

District
Lakewood

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Quadruplex
  • Composition
  • Forced Air
  • Electric
  • Vinyl Plank
  • Carpet
  • Paved
  • Cash
  • Conventional
  • Sewer Connected

Listing history

  1. Listed

    $1,029,000

    June 18, 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

$5,992

Principal & interest
$5,203
Property tax (est.)
$789

Assumes $205,800 down (20%), a $823,200 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

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.