**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!
| MLS # | 2555633 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 58 |
| Listing Provided By | RE/MAX Northwest | Tamara Paul |
| SQ Feet | 6,066 |
|---|---|
| Story(s) | 1 |
| Units | 6 |
| Zoning | Multi-Family |
| Acreage | 0.62 |
| Property View | Yes |
| Property | 12656 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 37 Lakewood |
| Community Name | Lakewood |
| School District | Lakewood High |
| Elementary School | Buyer To Verify |
| High School | Lakewood High |
| Listing VS Median (in Lakewood) | |
Price: $2,137,500 low | high Med: $565,000 sqft: 6,066 low | high Med: 1,814 $ / sqft: $352 low | high Med: $342 On site: 58 low | high Med: 92.5 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98499 |
| Area | 37 Lakewood |
| Community Name | Lakewood |
| School District | Lakewood High |
| Elementary School | Buyer To Verify |
| High School | Lakewood High |
| Listing VS Median (in Lakewood) | |
Price: $2,137,500 low | high Med: $565,000 sqft: 6,066 low | high Med: 1,814 $ / sqft: $352 low | high Med: $342 On site: 58 low | high Med: 92.5 | |
![]() | $1,100,0006702 77th StreetLakewood, WA 98499 |
![]() | $1,690,0006718 76th StreetLakewood, WA 98499 |