8506 Lake Street SW, Lakewood, WA 98498
Listed by Kara Elizabeth Jess, Engel & Volkers Chambers Bay
$195,000
$265 per sq ft
8506 Lake Street SW, Lakewood, WA 98498
Lakewood, WA, 98498
- Beds
- 2
- Baths
- 2
- Sq ft
- 736
- Built
- 1958
- Parking
- Driveway
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 2
- Bedrooms
- 2
- Bathrooms
- 736
- Square feet
- $265
- Per sq ft
- Single Family Residence
- Type
- 1958
- Year built
- 3,000 sq ft
- Lot
- 0
- Days on market
About this property
Investor opportunity in Lakewood! This 2-bedroom, 1.5-bath, 736-square-foot home is ready for a complete transformation. Situated on an approximately 3,000-square-foot lot, this single-story property offers potential for a renovation, flip, or addition to your investment portfolio. Conveniently located near Joint Base Lewis-McChord, parks, shopping, schools, and major commuter routes. Being sold AS-IS, with the seller to make no repairs.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2563974
- Listed
- August 5, 2026
- Days on market
- 0
- Price per sq ft
- $265
Unit & building
- Unit levels
- One
Parking
- Parking
- Driveway
- Total spaces
- 1
Construction
- Year built
- 1958
- Style
- 10 - 1 Story
- Structure
- House
- Roof
- Torch Down
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Interior features
- Fireplace type
- Wood Burning
Flooring
- Flooring
- LaminateCarpet
Appliances
- Appliances
- Stove(s)/Range(s)
Lot
- Lot features
- PavedSidewalk
- Lot size
- 3,000 sq ft
Terms
- Terms offered
- Cash
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Schools
- District
- Clover Park
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
Listing history
Listed
$195,000
August 5, 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
$1,136
- Principal & interest
- $986
- Property tax (est.)
- $150
Assumes $39,000 down (20%), a $156,000 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 August 5, 2026 at 1:15 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.