Lakewood Homes with 42 - Multi-Family Style

Welcome to Lakewood, Washington – a vibrant city nestled in the heart of Pierce County, where natural beauty meets urban convenience. Just a stone's throw from the stunning shores of American Lake and the sprawling expanse of Fort Steilacoom Park, Lakewood offers an ideal blend of outdoor recreation and community spirit. With its lush landscapes and picturesque views of Mount Rainier, this city is a haven for nature lovers and adventure seekers alike.

Lakewood is not just about breathtaking scenery; it boasts a diverse array of amenities, including shopping centers, fine dining, and a thriving cultural scene. The city's commitment to education is evident in its well-regarded schools and community programs, making it an attractive destination for families looking to settle down.

For those interested in investment opportunities, Lakewood presents a unique chance to explore multi-family homes. With a growing demand for rental properties, the multi-family style homes in this area are an excellent way to capitalize on the flourishing real estate market. These properties not only provide potential income but also foster a sense of community among residents. Imagine being part of a neighborhood where families and individuals thrive together, enjoying shared spaces and amenities that enhance their quality of life.

Whether you’re considering moving to Lakewood or investing in multi-family homes, this city offers a dynamic lifestyle that balances tranquility with modern conveniences. Discover the charm of Lakewood today, where your dream home or investment opportunity awaits!

Newest Lakewood Homes with 42 - Multi-Family Style

$799,000

2508142 MLS ⋅ ACTIVE Status

Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.

12524 Addison Street SW, Lakewood

Listing courtesy of eXp Realty.

$399,950

2479359 MLS ⋅ ACTIVE Status

2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra cash flow. Should qualify for the Multi-Family Tax Exemption for added savings and profit. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.

7727 146th Street SW, Lakewood

Listing courtesy of All Real Estate Solution.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.