12524 Addison Street Sw, Lakewood, Washington 98499

WA, Lakewood
$875,000
  • 1,446 Sqft
  • Residential Income Property Type
  • 1945 Year Built
  • Canceled Status

Listing courtesy: Claire Michelle Fralish, eXp Realty

Property Description

25-Unit MF-3 Infill Site – Ready for Submittal – 0.45-acre high-density site (54 units/acre) with extensive engineering completed. 25-unit concept supported. Strong soils per geotech (20 in/hr infiltration). 2021 appraisal at $935K. ~$3,700/month interim income. Potential 12-year MFTE (buyer to verify). Near I-5 and JBLM. Full DD available. Call-email-text helpful Listing agents with questions. Colist agent is owner. DO NOT DISTURB tenants. Thank you!

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2463229
  • Price: $875,000
  • Square Footage: 1,446 Sqft
  • Year Built: 1945
  • Lot Area: 0.45 Acre
  • Status: Canceled
  • Office Name: eXp Realty
  • Agent Name: Claire Michelle Fralish
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Baseboard
  • Cooling System None
  • Exterior Features Metal/Vinyl
  • Flooring Carpet, Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City Lakewood
  • Zipcode 98499
  • Street: Addison
  • Street Number: 12524
  • Street Suffix: Street
  • Longitude: W123° 29' 52.1''
  • Latitude: N47° 8' 35.7''
  • Directions: From I-5 Exit 123, west on Thorne Ln SW, left on Union Ave SW, right on Lakeview Ave SW, left on Addison St SW. Property is on the left.
  • Mls Area Major: 37 - Lakewood
  • Street Dir Suffix: SW
Neighborhood
  • Elementary School: Buyer To Verify
  • High School: Buyer To Verify
  • High School District: Lakewood
  • Middle School: Buyer To Verify
Additional Information
  • Lot Size Dimensions: 19,600
  • Water Source: Public
  • Stories Total: 1
  • Possible Use: Multi-Family,Residential
  • On Market Date: 2025-12-23
  • Number Of Units Total: 2
  • Lot Features: Dead End Street, Value In Land
  • Garage: 2
  • Construction Materials: Metal/Vinyl
Financial
  • Tax Annual Amount: 5356
Listing Information
  • Co List Agent Full Name: Perdana J Daud
  • Co List Agent Mls Id: 144010
  • Co List Office Mls Id: 5939
  • Co List Office Name: eXp Realty
  • List Agent Mls Id: 134752
  • List Office Mls Id: 5939
  • Listing Term: Assumable,Cash,Conventional,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2026-04-16T15:58:13Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-15T18:54:10Z
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
Contact To Rene Orona

Similar Properties

MLS On The Fly
Realtyna