11714 -11718 Farwest Drive Sw, Lakewood, Washington 98498

WA, Lakewood
$1,099,950
  • 3,624 Sqft
  • Residential Income Property Type
  • 1972 Year Built
  • Canceled Status
Property Description

Exceptional investment opportunity in the heart of Lakewood! This well-maintained 4-plex offers solid rental income with room for upside. Each unit features functional layouts and long-term rental appeal. Strong rental history and conveniently located near shopping, JBLM, schools, and major freeways—ensuring consistent tenant demand. Perfect for investors seeking stable cash flow, appreciation potential, or a 1031 exchange opportunity. Don’t miss this chance to secure a great performing multifamily asset in a desirable area!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2446709
  • Price: $1,099,950
  • Square Footage: 3,624 Sqft
  • Year Built: 1972
  • Lot Area: 0.65 Acre
  • Status: Canceled
  • Office Name: COMPASS
  • Agent Name: Kenneth Patton
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Wood Products
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Lakewood
  • Zipcode 98498
  • Street: Farwest
  • Street Number: 11714 -11718
  • Street Suffix: Drive
  • Longitude: W123° 25' 31''
  • Latitude: N47° 9' 5.8''
  • Directions: Off I5,go S on GRAVELLY LAKE DR SW toward BRIDGEPORT WAY SW. Turn R onto WA BLVD SW. Turn L to stay on WA BLVD SW. Turn L onto 120TH ST SW. 120TH ST SW becomes FARWEST DR SW. End at 11712 Farwest Dr.
  • Mls Area Major: 41 - Lakewood/Tillicum
  • Street Dir Suffix: SW
Neighborhood
  • High School District: Lakewood
Additional Information
  • Water Source: Community
  • Stories Total: 1
  • On Market Date: 2025-11-07
  • Number Of Units Total: 4
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 9331
Listing Information
  • List Agent Mls Id: 90561
  • List Office Mls Id: 4704
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2025-12-19T18:07:11Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-12-19T18:04:34Z
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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