For Sale9d on market

5503 112th Street SW

Lakewood, WA, 98499 • Tyee Park • Pierce County

$525,000

$259/sqft

Down payment assistance available

3Beds

3Baths

2,026Sqft

0.3 acLot

1940Built

Property DNA

2 highlights

Tri-plex Style

Built 1940 · 86 years of history

Clover Park

Tyee Park

This home is getting attention

Listed 9 days ago · 536 views · 14 saves

Market activity

Demand and pricing signals for this listing

536 views

People checking out this listing

14 saves

Buyers have saved this home

9 days on market

Recently listed

$259/sqft

Price per square foot

Selling Soon Prediction

High

This home ranks in the top 18% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Multi Family · Built 1940

Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income, but also with room for higher rent. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! /Unit 1 1000 sq ft 2x1: vacant - walk it and see the rent potential /Unit 2 279sq ft studio: 700 rent, 300 all inclusive utilities, month-to-month /Unit 3 ~800 sq ft 1x1: 1050 rent, 275 all inclusive utilities, month-to-month /Tenants enjoy shared laundry area with modern equipment. /Lot has ADU potential.

Standout features identified

Our analysis highlights on-site laundry facilities and spacious corner lot as key attractions of this home.

Estimated monthly payment

Based on current rates

$3,268/month

Principal & Interest$2,568

Property Tax$525

Insurance$175

Down payment20% ($105,000)

3%50%

Est. 6.18% rate · 30yr fixed · $420,000 loan

Full calculator →

At a glance

Key facts and listing details

TypeMulti Family

Year Built1940

HeatingBaseboard, Electric

CoolingNone

Parking5 Parking spaces

Days on Zillow9 Days

Price/sqft$259

Property

Home typeMulti Family

Sub-typeMulti Family

StyleTri-plex

Year built1940

Systems

HeatingBaseboard, Electric

CoolingNone

RoofComposition

ConstructionWood Siding

Water / SewerSewer Connected

Parking & Outdoor

Lot0.30 Acres

Location & Tax

NeighborhoodTyee Park

Annual tax$5,384

Parcel6675000100

Features & details

4 categories of property features

Interior Features

Heating

Baseboard

Electric

Cooling

None

Exterior Features

Construction

Wood Siding

Lot Features

Corner Lot

Fenced-Partially

Listing insights

Market data and value estimates

StatusFor Sale

Days on market9

Est. value$514,600

Est. rent$2,727/mo

Tax rate0.88%

Price/sqft$259

On marketMar 27, 2026

PostedMar 28, 2026

Last sold$405,000

MLS statusActive

MLS updatedMar 28, 2026

Tour days9

Favorites14

How are the schools in Lakewood?

3 schools rated nearby

Tyee Park Elementary School

Primary • Public • PK-5

0.5 mi

Harrison Preparatory School

Middle • Public • 6-12

1.3 mi

Clover Park High School

High • Public • 9-12

0.4 mi

Location

Lakewood, WA, 98499

Expand map

Price history

16 events

DateEventPrice$/sqftSource

Mar 28, 2026Listed For Sale$525,000$259NWMLS as distributed by MLS GRID

Mar 3, 2023Sold$405,000$200NWMLS as distributed by MLS GRID

Jan 3, 2023Pending Sale$454,999$225NWMLS as distributed by MLS GRID

Dec 17, 2022Price Change$454,999$225NWMLS as distributed by MLS GRID

Dec 5, 2022Price Change$469,999$232NWMLS as distributed by MLS GRID

Nov 14, 2022Listed For Sale$499,999$247NWMLS as distributed by MLS GRID

Nov 12, 2022Pending Sale$499,999$247NWMLS as distributed by MLS GRID

Nov 5, 2022Price Change$499,999$247NWMLS as distributed by MLS GRID

Oct 21, 2022Price Change$509,999$252NWMLS as distributed by MLS GRID

Oct 5, 2022Price Change$529,999$262NWMLS as distributed by MLS GRID

Sep 14, 2022Price Change$549,900$271NWMLS as distributed by MLS GRID

Aug 22, 2022Listed For Sale$575,000$284NWMLS as distributed by MLS GRID

Dec 10, 2019Sold$316,000$156NWMLS as distributed by MLS GRID

Nov 17, 2019Pending Sale$299,950$148Skyline Properties, Inc.

Nov 14, 2019Listed For Sale$299,950$148Skyline Properties, Inc.

Aug 22, 1997Sold$107,614$53Public Record

Listed For Sale$525,000

Mar 28, 2026•$259/sqft•NWMLS as distributed by MLS GRID

Sold$405,000

Mar 3, 2023•$200/sqft•NWMLS as distributed by MLS GRID

Pending Sale$454,999

Jan 3, 2023•$225/sqft•NWMLS as distributed by MLS GRID

Price Change$454,999

Dec 17, 2022•$225/sqft•NWMLS as distributed by MLS GRID

Price Change$469,999

Dec 5, 2022•$232/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$499,999

Nov 14, 2022•$247/sqft•NWMLS as distributed by MLS GRID

Pending Sale$499,999

Nov 12, 2022•$247/sqft•NWMLS as distributed by MLS GRID

Price Change$499,999

Nov 5, 2022•$247/sqft•NWMLS as distributed by MLS GRID

Price Change$509,999

Oct 21, 2022•$252/sqft•NWMLS as distributed by MLS GRID

Price Change$529,999

Oct 5, 2022•$262/sqft•NWMLS as distributed by MLS GRID

Price Change$549,900

Sep 14, 2022•$271/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$575,000

Aug 22, 2022•$284/sqft•NWMLS as distributed by MLS GRID

Sold$316,000

Dec 10, 2019•$156/sqft•NWMLS as distributed by MLS GRID

Pending Sale$299,950

Nov 17, 2019•$148/sqft•Skyline Properties, Inc.

Listed For Sale$299,950

Nov 14, 2019•$148/sqft•Skyline Properties, Inc.

Sold$107,614

Aug 22, 1997•$53/sqft•Public Record

Tax history

19 years of records

YearTax paidAssessed value

Apr 7, 2024$10,429$475,500

Apr 7, 2023$4,846$447,800

Apr 7, 2022$4,934$476,700

Apr 7, 2021$4,592$391,900

Apr 7, 2019$3,099$292,400

Apr 7, 2018$3,422$257,000

Apr 7, 2017$2,862$231,200

Apr 7, 2016$2,710$166,900

Apr 7, 2014$2,710$169,800

Apr 7, 2013$2,334$165,700

Apr 7, 2012—$147,100

Apr 7, 2011—$175,500

Apr 7, 2010—$200,200

Apr 7, 2009—$204,900

Apr 7, 2008$2,942$232,100

Apr 7, 2007$2,942$243,100

Apr 7, 2002$1,851$121,200

Apr 7, 2001$1,719$121,700

Apr 7, 2000$1,719$112,200

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Recently Sold

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Recently Sold

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$510,000

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For Sale

$460,000

3 bd1 ba1,254 sqft

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Recently Sold

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3 bd1 ba1,281 sqft

5709 109th St W, Lakewood, WA

Recently Sold

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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$514,600

Est. rent$2,727/mo

30yr rate est.6.18%

Affordability$3,168/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-07 06:03:27 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)

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