4902 111th Street Sw, Lakewood, Washington 98499

WA, Lakewood
$1,650,000
  • 4,584 Sqft
  • Residential Income Property Type
  • 1960 Year Built
  • Active Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2497467
  • Price: $1,650,000
  • Square Footage: 4,584 Sqft
  • Year Built: 1960
  • Lot Area: 0.44 Acre
  • Status: Active
  • Office Name: HDN Real Estate
  • Agent Name: Hau Nguyen
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard, Fireplace Insert, Wall Furnace
  • Cooling System None
  • Exterior Features Brick
  • Flooring Ceramic Tile, Hardwood, Carpet, 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: 2026-03-27
  • Number Of Units Total: 8
  • Foundation Details: Poured Concrete, Block
  • Construction Materials: Brick
Financial
  • Tax Annual Amount: 9856
Listing Information
  • List Agent Mls Id: 95370
  • List Office Mls Id: 6644
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-03-27T18:43:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-03-27T17:40:50Z
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

Similar Properties

MLS On The Fly