Sold430d on market
5421 Chicago Avenue SW
Lakewood, WA, 98499 • Tyee Park • Pierce County
$1,525,000
$237/sqft
14Beds
12Baths
6,428Sqft
0.23 acLot
2024Built
Property DNA
Lakewood
Tyee Park
Outdoor Living
Wall to Wall Carpet
Market activity
Demand and pricing signals for this listing
12 views
People checking out this listing
430 days on market
Established listing
$237/sqft
Price per square foot
About this home
Multi Family · Built 2024
4-Plex for sale! Townhouse style new construction. Live in one unit, and rent out the other 3! This building could also be converted into condos and sold separately. Spacious floorplans, high ceilings, functional layout with modernized open concept living. Buyer able to obtain 30 year fixed rate, this qualifies as a residential loan. Units feature waterproof LVP flooring, quartz counters throughout kitchen/bathrooms, Ductless HP mini split units for heating/ac as well as wall heaters. Separated backyards for each unit. Numbers provided on rent are estimated based on comparables in area.
Estimated monthly payment
Based on current rates
$9,496/month
Principal & Interest$7,463
Property Tax$1,525
Insurance$508
Down payment20% ($305,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,220,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built2024
HeatingDuctless HP-Mini Split, Wall Unit(s), Electric
Parking6 Covered Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionVery Good
Year built2024
Systems
HeatingDuctless HP-Mini Split, Wall Unit(s), Electric
RoofComposition
ConstructionCement/Concrete
Water / SewerPublic, Company: City of Lakewood / Sewer Connected, Company: Pierce County
Parking & Outdoor
ParkingOpen
Lot9,901 sqft
Location & Tax
NeighborhoodTyee Park
Annual tax$1,322
Parcel0219114084
Features & details
6 categories of property features
Interior Features
Flooring
Vinyl
Vinyl Plank
Carpet
Heating
Ductless HP-Mini Split
Wall Unit(s)
Electric
Exterior Features
Parking
Open
Construction
Cement/Concrete
Patio & Porch
Wall to Wall Carpet
Lot Features
Curbs
Paved
Sidewalk
Fenced-Fully
Patio
Listing insights
Market data and value estimates
StatusSold
Days on market430
Est. value$1,503,900
Est. rent$1,705/mo
Tax rate0.88%
Price/sqft$237
On marketJan 8, 2025
PostedNov 14, 2024
Last sold$1,525,000
MLS statusSold
MLS updatedMar 3, 2025
Tour days6
Views12
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, WA, 98499
Price history
26 events
DateEventPrice$/sqftSource
Jan 31, 2025Sold$1,525,000$237NWMLS as distributed by MLS GRID
Jan 7, 2025Pending Sale$1,600,000$249NWMLS as distributed by MLS GRID
Nov 14, 2024Listed For Sale$1,600,000$249NWMLS as distributed by MLS GRID
Oct 20, 2023Sold$225,000$35NWMLS as distributed by MLS GRID
Sep 20, 2023Pending Sale$300,000$47NWMLS as distributed by MLS GRID
Jul 26, 2023Listed For Sale$300,000$47NWMLS as distributed by MLS GRID
Jun 29, 2020Sold$101,000$16NWMLS as distributed by MLS GRID
Aug 27, 2019Pending Sale$89,000$14CENTURY 21 Northwest Realty
Aug 22, 2019Listed For Sale$89,000$14CENTURY 21 Northwest Realty
Jan 6, 2018Listing Removed$69,000$11Keller Williams West Sound
Sep 8, 2017Listed For Sale$69,000$11Keller Williams West Sound
Jul 9, 2017Listing Removed$69,000$11Gig Harbor
May 31, 2017Price Change$69,000$11Gig Harbor
Apr 8, 2017Listed For Sale$25,000$4Keller Williams - Gig Harbor
Apr 22, 2016Sold$24,719$4Public Record
Dec 8, 2011Sold$17,500$3Public Record
Nov 11, 2011Pending Sale$17,800$3Cevado Technologies
Oct 28, 2011Price Change$17,800$3Cevado Technologies
Oct 6, 2011Price Change$19,900$3Cevado Technologies
Sep 2, 2011Price Change$28,500$4Cevado Technologies
Aug 9, 2011Price Change$30,600$5Cevado Technologies
Jul 7, 2011Listed For Sale$32,900$5Cevado Technologies
Jun 14, 2011Sold$65,250$10Public Record
Mar 13, 2006Sold$128,000$20Public Record
Dec 30, 1999Sold$41,412$6Public Record
Jun 27, 1996Sold$46,000$7Public Record
Sold$1,525,000
Jan 31, 2025•$237/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,600,000
Jan 7, 2025•$249/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,600,000
Nov 14, 2024•$249/sqft•NWMLS as distributed by MLS GRID
Sold$225,000
Oct 20, 2023•$35/sqft•NWMLS as distributed by MLS GRID
Pending Sale$300,000
Sep 20, 2023•$47/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$300,000
Jul 26, 2023•$47/sqft•NWMLS as distributed by MLS GRID
Sold$101,000
Jun 29, 2020•$16/sqft•NWMLS as distributed by MLS GRID
Pending Sale$89,000
Aug 27, 2019•$14/sqft•CENTURY 21 Northwest Realty
Listed For Sale$89,000
Aug 22, 2019•$14/sqft•CENTURY 21 Northwest Realty
Listing Removed$69,000
Jan 6, 2018•$11/sqft•Keller Williams West Sound
Listed For Sale$69,000
Sep 8, 2017•$11/sqft•Keller Williams West Sound
Listing Removed$69,000
Jul 9, 2017•$11/sqft•Gig Harbor
Price Change$69,000
May 31, 2017•$11/sqft•Gig Harbor
Listed For Sale$25,000
Apr 8, 2017•$4/sqft•Keller Williams - Gig Harbor
Sold$24,719
Apr 22, 2016•$4/sqft•Public Record
Sold$17,500
Dec 8, 2011•$3/sqft•Public Record
Pending Sale$17,800
Nov 11, 2011•$3/sqft•Cevado Technologies
Price Change$17,800
Oct 28, 2011•$3/sqft•Cevado Technologies
Price Change$19,900
Oct 6, 2011•$3/sqft•Cevado Technologies
Price Change$28,500
Sep 2, 2011•$4/sqft•Cevado Technologies
Price Change$30,600
Aug 9, 2011•$5/sqft•Cevado Technologies
Listed For Sale$32,900
Jul 7, 2011•$5/sqft•Cevado Technologies
Sold$65,250
Jun 14, 2011•$10/sqft•Public Record
Sold$128,000
Mar 13, 2006•$20/sqft•Public Record
Sold$41,412
Dec 30, 1999•$6/sqft•Public Record
Sold$46,000
Jun 27, 1996•$7/sqft•Public Record
Tax history
14 years of records
YearTax paidAssessed value
Apr 7, 2024$1,245$135,500
Apr 7, 2023$1,322$125,100
Apr 7, 2022$1,562$154,500
Apr 7, 2021$1,481$129,600
Apr 7, 2019$842$67,600
Apr 7, 2018—$62,100
Apr 7, 2017$658$44,900
Apr 7, 2016$513$34,000
Apr 7, 2014$513$27,800
Apr 7, 2013$313$27,800
Apr 7, 2012—$35,500
Apr 7, 2002$1,106$69,000
Apr 7, 2001$1,025$69,700
Apr 7, 2000$1,025$63,900
Nearby homes
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
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 07:43:27 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)
No obligation · Same-day response