7727 146th Street Sw, Lakewood, WA 98439

Lakewood
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: dan dodge, marcia j bentz
Office: all real estate solution
MLS#:2479359
Source:NWMLS
7727 146th Street Sw,Lakewood, WA 98439
$399,950
  • 2.62 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$399,950

About this home

2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra cash flow. Should qualify for the Multi-Family Tax Exemption for added savings and profit. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.

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Home facts

  • Subdivision & Development:American Lake
  • Listing ID #:2479359
  • Updated:August 14, 2026 at 11:20 AM

Structure and exterior

  • Lot area:2.62 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk

Schools

  • High school:Clover Park High
  • Middle school:Woodbrook Mid
  • Elementary school:Tillicum Elem

Utilities

  • Water:Available
  • Sewer:In Street

Finances and disclosures

  • Price:$399,950
  • Tax amount:$1,680 (2025)
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