4902 111th Street Sw, Lakewood, WA 98499

Lakewood
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: hau nguyen
Office: hdn real estate
MLS#:2497467
Source:NWMLS
4902 111th Street Sw,Lakewood, WA 98499
$1,650,000
  • - Beds
  • - Baths
  • 4,584 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$359.95

About this home

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

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Home facts

  • Year built:1960
  • Listing ID #:2497467
  • Updated:June 29, 2026 at 11:18 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Hardwood, Laminate
  • Living area:4,584 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1960
  • Building area:4,584 sq. ft.
  • Lot area:0.44 Acres
  • Construction Materials:Brick Exterior Finish
  • Exterior Features:Fenced-Fully

Schools

  • High school:Lakewood High
  • Middle school:Lakewood Mid
  • Elementary school:Lakewood Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$359.95
  • Tax amount:$9,856 (2025)

Parking

  • Total parking spaces:9
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