5503 112th Street Sw, Lakewood, WA 98499
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: matt linden
Office: pellego, inc.
MLS#:2497554
Source:NWMLS
5503 112th Street Sw,Lakewood, WA 98499
$525,000
- - Beds
- - Baths
- 2,026 sq. ft.
- Multi-family
- Active
Price summary
- Price:$525,000
- Price per sq. ft.:$259.13
About this home
Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income, but also with room for higher rent. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! /Unit 1 1000 sq ft 2x1: vacant - walk it and see the rent potential /Unit 2 279sq ft studio: 700 rent, 300 all inclusive utilities, month-to-month /Unit 3 ~800 sq ft 1x1: 1050 rent, 275 all inclusive utilities, month-to-month /Tenants enjoy shared laundry area with modern equipment. /Lot has ADU potential.
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Home facts
- Year built:1940
- Listing ID #:2497554
- Updated:March 29, 2026 at 12:27 AM
Rooms and interior
- Living area:2,026 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1940
- Building area:2,026 sq. ft.
- Lot area:0.3 Acres
- Lot Features:Corner
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Partially
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$259.13
- Tax amount:$5,385 (2026)
Parking
- Total parking spaces:5
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