Presented by: Every Door Real Estate and NWMLS
Property Description
HUGE REDUCTION! Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesSee Remarks
Building Area Units0 sqft
Cap Rate6.1
Carport Spaces0
Carport Y/NNo
CityLakewood
CoolingForced Air
CountyPierce
DirectionsGPS friendly.
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air
High School DistrictLakewood
Insurance Expense2000
Leasable Area2,884 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet9,000 sqft
Lot Size UnitsSquare Feet
MLS Area37 - Lakewood
NWM_ShowMapLinkY
Net Operating Income62800
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject To Tenant Rights
Possible UseResidential
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHUGE REDUCTION! Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameLakewood
Tax Annual Amount$9,711
Tax Year2026
Units Below Gradefalse
Units In Building Total4
Water Sewer Garbage9289.02
Year Built1986
Zoning DescriptionResidential
Exterior
Building Area Total2,848 sqft
Covered Spaces0
Exterior AmenitiesCement Planked
Irrigation Water Rights Y/NNo
Lot FeaturesPaved
Lot Size Acres0.2066
Parking Uncovered Total8
Site FeaturesFenced-Partially
Total Parking8
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
N/A
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914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221