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Lakewood, WA, 98498 • Tillicum • Pierce County
$209/sqft
4Beds
3Baths
1,934Sqft
0.21 acLot
1952Built
Waterfront Property
Direct water access
Scenic Views
Lake · Partial
Tillicum
Tillicum
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 226 days ago · 12 views · Top 3% likely to sell soon
Demand and pricing signals for this listing
12 views
People checking out this listing
226 days on market
Established listing
$209/sqft
Price per square foot
This home ranks in the top 3% of listings most likely to go under contract soon, based on market activity and demand signals.
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Multi Family · Built 1952
Prime American Lake Investment Opportunity With Lake Views! This unique duplex-zoned property currently offers three separate units (A,B,&C) with individual meters, just a block from American Lake's waterfront. Enjoy a great-sized, corner lot in a fantastic location that provides both lifestyle and returns. Recent updates include a brand-new septic system, fresh interior and exterior paint, new carpets, and a new roof on the cottage building. All units currently vacant but previous income was ~$2600/mo. Easy access to JBLM, Madigan Hospital, and I-5 freeway. This is a terrific chance to own a multi-family property with significant upside potential.
Standout features identified
Our analysis highlights lake views and corner lot as key attractions of this home.
Based on current rates
Est. 6.18% rate · 30yr fixed · $324,000 loan
Full calculator →Key facts and listing details
7 categories of property features
Market data and value estimates
3 schools rated nearby
Lakewood, WA, 98498
14 events
19 years of records
Local context around this listing
Lakewood, WA • Pierce County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 11:23:43 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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