9315 Veterans Drive SW, Lakewood, WA 98498
Listed by Briana Hickey, NWC-KV LLC
$559,000
$294 per sq ft
9315 Veterans Drive SW, Lakewood, WA 98498
Lakewood, WA, 98498
- Sq ft
- 1,900
- Built
- 1924
- Parking
- 10 spaces
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 1,900
- Square feet
- $294
- Per sq ft
- Multi Family
- Type
- 1924
- Year built
- 17,000 sq ft
- Lot
- 0
- Days on market
About this property
Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch, this property features two duplexes comprised of four one-bedroom, one-bath units. Two units enjoy peekaboo views of American Lake, while the generous lot provides abundant parking, or boat / trailer storage. With strong rental appeal, a highly desirable recreational setting, and potential for future redevelopment (buyer to verify), this property offers a unique combination of current cash flow and long-term upside. Conveniently located near JBLM, shopping, dining, Laundromat and major commuter routes, this is a rare opportunity to own a multifamily asset in one of Lakewood’s most sought-after locations. M2M Renter in Unit C would like to renew his Lease.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2563414
- Listed
- August 1, 2026
- Days on market
- 0
- Price per sq ft
- $294
Unit & building
- Stories in building
- 1
- Units in building
- 4
Parking
- Total spaces
- 10
Construction
- Year built
- 1924
- Style
- 54 - 4-Plex
- Structure
- Quadruplex
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Vinyl PlankCarpet
Lot
- Lot size
- 17,000 sq ft
Terms
- Terms offered
- CashConventionalVA Loan
Utilities
- Water
- City of Lakewood
- Sewer
- Pierce County
- Power
- PSE
Schools
- District
- Clover Park
Listing history
Listed
$559,000
August 1, 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
$3,256
- Principal & interest
- $2,827
- Property tax (est.)
- $429
Assumes $111,800 down (20%), a $447,200 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
$675,000
9901 76th Street SW
Lakewood, WA
$459,900
7117 87th Avenue Court SW
Lakewood, WA
$525,000
8401 59th Avenue SW
Lakewood, WA
$499,900
8417 121st Street SW
Lakewood, WA
$599,000
9810 119th Street SW
Lakewood, WA
$545,000
12618 Naomilawn Drive SW
Lakewood, WA
Based on information submitted to the MLS GRID as of August 1, 2026 at 6:15 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.