Listed by Julia Kim-Cutts, Every Door Real Estate
- 2,848
- Square feet
- $327
- Per sq ft
- Multi Family
- Type
- 1986
- Year built
- 9,000 sq ft
- Lot
- 116
- Days on market
About this property
HUGE REDUCTION! 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
Add a destination (work, gym, school) for directions and drive time.
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
- #2541782
- Listed
- June 18, 2026
- Days on market
- 116
- Price per sq ft
- $327
- Original list price
- $1,029,000
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
Listed
$1,029,000
June 18, 2026
Current price
$930,000
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
$5,416
- Principal & interest
- $4,703
- Property tax (est.)
- $713
Assumes $186,000 down (20%), a $744,000 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 12:45 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.