Property Details
12524 Addison Street SW, Lakewood, WA 98499
Lakewood, WA 98499
$875,000
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About This Home
25-Unit MF-3 Infill Site – Ready for Submittal – 0.45-acre high-density site (54 units/acre) with extensive engineering completed. 25-unit concept supported. Strong soils per geotech (20 in/hr infiltration). 2021 appraisal at $935K. ~$3,700/month interim income. Potential 12-year MFTE (buyer to verify). Near I-5 and JBLM. Full DD available. Call-email-text helpful Listing agents with questions. Colist agent is owner. DO NOT DISTURB tenants. Thank you!
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Lakewood
Listed
Dec 23, 2025
Interior Features
Bedrooms
3
Bathrooms
2.0
Living Area
832 sq ft
Entry Level
Main
Exterior & Lot
Lot Size
0.45 sqft
Year Built
1945
Exterior Materials
Metal/Vinyl
Parking
Driveway, Detached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Value In Land
Exterior Features
Metal/Vinyl
Location
City
Lakewood
County
Pierce
Coordinates
47.14325, -122.50220
Schools
School District
Lakewood
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2025
Annual Taxes
$5,356
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
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