12413 Bridgeport Way Sw, Lakewood, WA 98499
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: gabe blake, josh blake
Office: blake investment advisors
MLS#:2525348
Source:NWMLS
12413 Bridgeport Way Sw,Lakewood, WA 98499
$1,900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Price summary
- Price:$1,900,000
About this home
Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building....
Contact an agent
Home facts
- Year built:1972
- Listing ID #:2525348
- Updated:July 21, 2026 at 08:27 AM
Structure and exterior
- Roof:Composition
- Year built:1972
- Lot area:2.62 Acres
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,900,000
- Tax amount:$26,305 (2026)
Parking
- Total parking spaces:25
- Carport spaces:6
New listings near 12413 Bridgeport Way Sw
- New
$1,999,000Active5 beds 5 baths6,489 sq. ft.4 Thornewood Lane Sw, Lakewood, WA 98498
MLS# 2557256Listed by: MORRISON HOUSE SOTHEBY'S INTL - New
$399,000Active3 beds 2 baths1,329 sq. ft.8316 121st Street Sw, Lakewood, WA 98498
MLS# 2555889Listed by: KELLER WILLIAMS RLTY BELLEVUE - New
$699,000Active4 beds 3 baths3,058 sq. ft.11502 93rd Avenue Sw, Lakewood, WA 98498
MLS# 2556683Listed by: KELLER WILLIAMS RTY TACOMA - New
$519,000Active3 beds 3 baths1,533 sq. ft.10205 107th Street Ct Sw, Lakewood, WA 98498
MLS# 2554605Listed by: KELLER WILLIAMS RTY TACOMA - New
$365,000Active3 beds 2 baths1,496 sq. ft.7425 Ruby Drive Sw #A1, Lakewood, WA 98498
MLS# 2548913Listed by: KELLER WILLIAMS RTY TACOMA - New
$415,000Active3 beds 1 baths883 sq. ft.8503 33rd Avenue S, Lakewood, WA 98499
MLS# 2554894Listed by: BETTER PROPERTIES SUMMIT - New
$695,000Active4 beds 2 baths2,420 sq. ft.9901 76th Street Sw, Lakewood, WA 98498
MLS# 2554094Listed by: REAL BROKER LLC - New
$425,000Active3 beds 1 baths2,566 sq. ft.6621 Alfaretta Street Sw, Lakewood, WA 98499
MLS# 2555178Listed by: JOHN L. SCOTT DUPONT - New
$670,000Active4 beds 3 baths1,954 sq. ft.10430 90th Avenue Sw, Lakewood, WA 98498
MLS# 2551935Listed by: JOHN L. SCOTT, INC. - New
$490,000Active3 beds 1 baths1,462 sq. ft.5305 Chicago Avenue Sw, Lakewood, WA 98499
MLS# 2555827Listed by: SKYLINE PROPERTIES, INC.