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Lakewood, WA, 98499 • Lakeview • Pierce County
$313/sqft
3,033Sqft
0.24 acLot
1959Built
Territorial Views
Territorial
Lakewood
Lakeview
Popular listing
Listed 1074 days ago · 178 views · 24 saves
Demand and pricing signals for this listing
178 views
People checking out this listing
24 saves
Buyers have saved this home
1074 days on market
Established listing
$313/sqft
Price per square foot
Multi Family · Built 1959
SELLER IDENTIFIED 1031 AND NEEDS TO SELL! Turn-Key Over 7 CAP Opportunity! 5-Plex in a great location, very nice upgrades to all units, and strong rental income. This Multi-Family property features five single-story units with a mix of three - 1 bed x 1 bath units and two-2 bed x 1 bath units. All units have been renovated with new LVP flooring, new kitchen cabinets with quartz countertops, new appliances, updated bathrooms as well as new interior & exterior paint. Central laundry room updated with leased machines. Storage Unit on site. Tenants pay W/S/G via RUBs. The work has been done, it's your opportunity to acquire and collect rents at a great CAP rate! Excellent location, only 10min away from JBLM, and easy access to I-5.
Based on current rates
Est. 6.14% rate · 30yr fixed · $760,000 loan
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6 categories of property features
Market data and value estimates
3 schools rated nearby
Lakewood, WA, 98499
18 events
17 years of records
Local context around this listing
Lakewood, WA • Pierce County
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Based on information submitted to the MLS GRID as of 2026-04-07 09:28:23 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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