Property Details
7727 146th Street SW
Lakewood, WA 98439
$399,950
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About This Home
2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra cash flow. Should qualify for the Multi-Family Tax Exemption for added savings and profit. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
Pierce
Neighborhood
American Lake
Listed
Feb 12, 2026
Original Price
$600,000
Parcel Number
0219222038
Tax & HOA
Annual Property Tax
$1,680 (2025)
Est. Monthly Tax
$140/mo
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
2.62 sqft
Sewer
In Street
Water Source
Available
Utilities
Electricity Available
Lot Features
Curbs, Paved, Sidewalk
Community & Access
Directions
From I-5 freeway, South on Murry Road to 146th. East on 146th to property on left side.
Location
City
Lakewood
County
Pierce
Coordinates
47.12474, -122.53991
Schools
School District
Clover Park
Elementary School
Tillicum Elem
Middle School
Woodbrook Mid
High School
Clover Park High
Additional Information
Tax Year
2025
Annual Taxes
$1,680
Possession
Array
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Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of August 7, 2026 1:15 AM. 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.
