Off Market8311d on marketHistoric · 91 yrs

14518 Portland Avenue SW

Lakewood, WA, 98498 • Tillicum • Pierce County

$426,300

0.25 acLot

1935Built

Property DNA

2 highlights

Character Home

Built 1935 · 91 years of history

Outdoor Living

Wall to Wall Carpet

Market activity

Demand and pricing signals for this listing

1 views

People checking out this listing

8311 days on market

Established listing

About this home

Multi Family · Built 1935 · Historic

This is a great investment. 4 Unit apartment building, 4 - 1 bedroom apartments. Large parcel with room to park 8 cars. seperate laundry area for additional income potential. Rent projections 375 - 450 per unit,this could be a cash cow.

Estimated monthly payment

Based on current rates

$2,654/month

Principal & Interest$2,085

Property Tax$426

Insurance$142

Down payment20% ($85,260)

3%50%

Est. 6.18% rate · 30yr fixed · $341,040 loan

Full calculator →

At a glance

Key facts and listing details

TypeMulti Family

Year Built1935

HeatingHas Heating (Unspecified Type)

Parking8 Open Parking spaces

Property

Home typeMulti Family

Sub-typeMulti Family

ConditionFixer

Year built1935

Systems

HeatingHas Heating (Unspecified Type)

RoofComposition

ConstructionSee Remarks

Water / SewerPublic, Company: Lakewood / Septic Tank, Company: Septic

Parking & Outdoor

ParkingRV Parking

Lot0.25 Acres

Location & Tax

NeighborhoodTillicum

Parcel2200003263

Features & details

7 categories of property features

Interior Features

Flooring

Vinyl

Carpet

Heating

Has Heating (Unspecified Type)

Exterior Features

Parking

RV Parking

Construction

See Remarks

Patio & Porch

Wall to Wall Carpet

Lot Features

Curbs

Paved

Sidewalk

Cable TV

Fenced-Partially

RV Parking

Utilities

Cable Connected

Septic System

Electric

Listing insights

Market data and value estimates

StatusOff Market

Days on market8311

Est. value$426,300

Est. rent$1,870/mo

Tax rate0.88%

On marketDec 31, 2003

PostedJul 29, 2021

Last sold$125,000

MLS statusSold

MLS updatedSep 5, 2024

Tour days6

How are the schools in Lakewood?

3 schools rated nearby

Tillicum Elementary School

Primary • Public • PK-5

0.2 mi

Woodbrook Middle School

Middle • Public • 6-8

1.9 mi

Clover Park High School

High • Public • 9-12

2.6 mi

Location

Lakewood, WA, 98498

Expand map

Price history

1 event

DateEventPrice$/sqftSource

Jul 5, 2003Sold$125,000—NWMLS as distributed by MLS GRID

Sold$125,000

Jul 5, 2003•NWMLS as distributed by MLS GRID

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Neighborhood details

Local context around this listing

Lakewood, WA • Pierce County

Nearby neighborhoods

Carter LakeCusterDowerIdlewildLake LouiseLakeviewOakbrookOakwoodPark LodgeTyee Park

Nearby cities

Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway

Nearby zip codes

98438984399849398496984979849898499

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Value estimates

Live

Est. value$426,300

Est. rent$1,870/mo

30yr rate est.6.18%

Affordability$2,570/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-07 08:13:34 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. [Click here for more information](/mls-disclaimers/#39)

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