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Listing courtesy of NWMLS / HDN Real Estate
4902 111th Street SW
Lakewood, WA 98499
–
beds
–
baths
4,584
sqft
~1/2
acre lot
$398
per sqft
1960
build
–
on site
Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.
Listing courtesy of NWMLS / HDN Real Estate
Last checked:
Checking…
•
Last updated Apr 15, 2024
•
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MLS# 2204265 —
The Building
Year Built:
1960
Year Built:
1960
Year Built Source:
Public Records
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Brick
Roof:
Composition
Units In Building Total:
8
Foundation Details:
Block, Poured Concrete
Security Features:
PartiallyFenced
# of Units Total:
8
Stories Total:
1
Building Area Total:
4584
Building Area Units:
Square Feet
Calculated SqFt:
4584
SqFt Source:
Realist
Interior
Interior Features:
Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate, Laminate Hardwood
On I-5 take exit 125, Bridgeport to 111th Street, East to Property.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Property Condition:
Fair
Parcel Number:
508000-008-2
Lot Size Units:
Square Feet
Lot Size Dimensions:
163 X 130
Lot Size Acres:
0.4408
Lot Size SqFt:
19200
Lot Size Source:
Realist
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(253) 313-9300
Office phone:
(253) 313-9300
Taxes
Tax Year:
2023
Tax Annual Amount:
9480
The Listing
Special Listing Conditions:
None
Buyer's Brokerage Compensation:
2.5%
Heating & Cooling
Cooling:
false
Heating:
true
Cooling:
None
Heating:
Baseboard, Insert, Wall Unit(s)
Utilities
Water Company:
Lakewood Water Dist.
Water Source:
Public
Sewer:
Sewer Connected
Sewer Company:
Pierce County Sewer
Power Company:
Pse
Water Sewer Garbage:
9139.35
Schools
Elementary School:
Lakewood Elem
Middle Or Junior School:
Lakewood Mid
High School:
Lakewood High
High School District:
Lakewood
The Community
Subdivision Name:
Lakewood
Amenities:
Playground,Storage
Senior Community:
false
Association:
false
Parking
Parking Total:
9
Parking Uncovered Spaces:
9
Open Parking:
true
Open Parking Spaces:
9
Carport:
false
Listing courtesy of NWMLS / HDN Real Estate
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
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Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date
Event
Source
Price
% Change
3/1/24
Mar 1, 2024
Listed / Active
NWMLS
$1,825,000
329.4% (41.6% / YR)
4/1/16
Apr 1, 2016
NWMLS
$425,000
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No additional history available
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This multifamily located in Lakewood, WA 98499 is currently for sale for $1,825,000. 4902 111th Street SW is a 4,584 square foot multifamily with – beds and – baths that has been on Estately for 64 days. This multifamily is in the attendance area of Lakeview Hope Academy, Clover Park High School, and Lochburn Middle School.
Listing courtesy of NWMLS / HDN Real Estate
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by HDN Real Estate and should be verified by the buyer.