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JRJeff ReynoldsCompass · Seattle

Listed by Vasily Y. Stepin, Keller Williams Realty PS

3
Bedrooms
1
Bathrooms
748
Square feet
$2,473
Per sq ft
Single Family Residence
Type
1964
Year built
168,142 sq ft
Lot
46
Days on market

About this property

ALL PERMITS IN HAND on this 84 Unit Garden style Apartment complex in the heart of redeveloping Lakewood. VALUE IN LAND. Located just a stones throw from JBLM and Multiple Warehouse projects including an Amazon Fulfillment center, Prologis, and many more. Very high rental demand. Unit layout includes 48 2 bed/2 bath unit layout and 36 1 bed/ 1 bath unit layout. Price includes full plan sets, civil engineering, and permits. Please call/email listing agent for plans and civil. Existing home on the property. Market rent is 2200.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2567065
Listed
August 14, 2026
Days on market
46
Price per sq ft
$2,473

Unit & building

Unit levels
One

Parking

Parking
Attached GarageOff StreetRV Parking
Covered spaces
2
Total spaces
2

Views

View
Territorial

Construction

Year built
1964
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Interior features

Features
Dbl Pane/Storm WindowWater Heater

Flooring

Flooring
Laminate

Appliances

Appliances
DishwasherMicrowaveRefrigeratorStove(s)/Range(s)

Community & building features

Bus line nearby
Yes

Lot

Lot features
PavedValue In Land
Lot size
168,142 sq ft

Terms

Terms offered
CashConventionalOwner Will Carry

Utilities

Water
Lakewood Water
Sewer
Septic
Power
PSE

Schools

District
Lakewood
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

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

  • One
  • Attached Garage
  • Off Street
  • RV Parking
  • Territorial
  • House
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Dbl Pane/Storm Window
  • Water Heater

Listing history

  1. Listed

    $1,850,000

    August 14, 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

$10,773

Principal & interest
$9,355
Property tax (est.)
$1,418

Assumes $370,000 down (20%), a $1,480,000 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

Based on information submitted to the MLS GRID as of September 29, 2026 at 8:00 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.