Property Details
5503 112th Street SW, Lakewood, WA 98499
Lakewood, WA 98499
$525,000
Active
Schedule a Tour
Select your date preference
Request More Info
1 / 23
About This Home
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 2×1: 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 1×1: 1050 rent, 275 all inclusive utilities, month-to-month /Tenants enjoy shared laundry area with modern equipment. /Lot has ADU potential.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Clover Park
Listed
Mar 28, 2026
Interior Features
Bathrooms
0.0
Stories
2
Exterior & Lot
Lot Size
0.30 sqft
Year Built
1940
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Corner Lot
Exterior Features
Wood
Location
City
Lakewood
County
Pierce
Coordinates
47.15610, -122.51022
Schools
School District
Clover Park
Additional Information
Tax Year
2026
Annual Taxes
$5,385
Possession
Array
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of March 28, 2026 6:31 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
