12524 Addison Street Sw, Lakewood, WA 98499

Lakewood
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: claire michelle fralish, perdana j daud
Office: exp realty
MLS#:2463229
Source:NWMLS
12524 Addison Street Sw,Lakewood, WA 98499
$875,000
  • - Beds
  • - Baths
  • 1,446 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$875,000
  • Price per sq. ft.:$605.12

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:2463229
  • Updated:March 26, 2026 at 07:43 PM

Rooms and interior

  • Flooring:Carpet, Vinyl Plank
  • Living area:1,446 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1945
  • Building area:1,446 sq. ft.
  • Lot area:0.45 Acres
  • Lot Features:Dead-end Street, Value In Land
  • Construction Materials:Metal/Vinyl Exterior Finish
  • Exterior Features:Deck, Fenced-Fully

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$605.12
  • Tax amount:$5,356 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Uncovered Space(s) : 2
  • Garage:Yes
  • Garage spaces:2
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of March 27, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

New listings near 12524 Addison Street Sw