4902 111th Street Sw, Lakewood, Wa 98499-5407

WA, Lakewood
$1,690,000
  • 4,584 Sqft
  • Residential Income Property Type
  • 1960 Year Built
  • Expired Status
Property Description

Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2204265
  • Price: $1,690,000
  • Square Footage: 4,584 Sqft
  • Year Built: 1960
  • Lot Area: 0.44 Acre
  • Status: Expired
  • Office Name: HDN Real Estate
  • Agent Name: Hau Nguyen
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard, Fireplace Insert
  • Cooling System None
  • Exterior Features Brick
  • Flooring Ceramic Tile, Hardwood, Carpet, Laminate
  • Interior Features Ceramic Tile, Laminate
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Lakewood
  • Zipcode 98499
  • Street: 111th
  • Street Number: 4902
  • Street Suffix: Street
  • Longitude: W123° 29' 50.3''
  • Latitude: N47° 9' 22.1''
  • Directions: On I-5 take exit 125, Bridgeport to 111th Street, East to Property.
  • Mls Area Major: 37 - Lakewood
  • Street Dir Suffix: SW
Neighborhood
  • Elementary School: Lakewood Elem
  • High School: Lakewood High
  • High School District: Lakewood
  • Middle School: Lakewood Mid
Additional Information
  • Lot Size Dimensions: 163 X 130
  • Water Source: Public
  • Stories Total: 1
  • Possible Use: Multi-Family
  • On Market Date: 2024-03-01
  • Number Of Units Total: 8
  • Foundation Details: Poured Concrete, Block
  • Construction Materials: Brick
Financial
  • Tax Annual Amount: 9480
Listing Information
  • List Agent Mls Id: 95370
  • List Office Mls Id: 6644
  • Listing Term: Cash Out,Conventional
  • Mls Status: Expired
  • Modification Timestamp: 2025-05-01T07:19:22Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-05-01T07:17:34Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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