Property Details
8524 8544 S Tacoma Way
Lakewood, WA 98499
$2,300,000
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Property Overview
Remarkable mixed used rental income property in South Tacoma Way Lakewood. Great mix of residential and commercial tenants for rental income. Located in the privately near South Tacoma. This has been an owner owned property with their business. Well maintained and good tenants. The house classified as single family residence but with multifamily rental permit approved by City of Lakewood.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Pierce
Neighborhood
Lakewood
Listed
Jun 1, 2026
Parcel Number
7900000063
Tax & HOA
Annual Property Tax
$10,154 (2026)
Est. Monthly Tax
$846/mo
Financial Summary
Cap Rate
5.50%
Net Operating Income
$127,465
Gross Scheduled Income
$155,213
Gross Rent Multiplier
14.82
Total Expenses
$27,748
Total Actual Rent
$12,934/mo
Building & Use
Building Sq Ft
7,271
Total Units
7
Sq Ft Rented
7,223
Zoning
Commercial
Possible Use
Commercial
Lot Size
21,118 sqft
Year Built
1940
Exterior & Lot
Lot Size
0.48 sqft
Year Built
1940
Sewer
Sewer Connected
Water Source
Public
Community & Access
Directions
Please use gps
Location
City
Lakewood
County
Pierce
Coordinates
47.17974, -122.48516
Additional Information
Tax Year
2026
Annual Taxes
$10,154
Possession
Array
Based on information submitted to the MLS GRID as of June 3, 2026 10:15 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.
