Property Details
4902 111th Street SW, Lakewood, WA 98499-5407
Lakewood, WA 98499
$1,650,000
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About This Home
Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Lakewood
Listed
Mar 27, 2026
Interior Features
Bathrooms
0.0
Stories
1
Exterior & Lot
Lot Size
0.44 sqft
Year Built
1960
Exterior Materials
Brick
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Brick
Location
City
Lakewood
County
Pierce
Coordinates
47.15613, -122.50270
Schools
School District
Lakewood
Elementary School
Lakewood Elem
Middle School
Lakewood Mid
High School
Lakewood High
Additional Information
Tax Year
2025
Annual Taxes
$9,856
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
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