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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