Lakewood Homes with 42 - Multi-Family Style

Welcome to Lakewood, Washington—a charming city nestled in the heart of Pierce County, just a stone's throw away from the stunning natural beauty of Mount Rainier. Known for its vibrant community and picturesque landscapes, Lakewood offers a unique blend of suburban tranquility and urban convenience. With a population that thrives on diversity and a strong sense of community, it’s no wonder that families, young professionals, and retirees alike are drawn to this lovely locale.

One of the standout features of Lakewood is its impressive array of multi-family homes, a perfect fit for those seeking investment opportunities or a communal living experience. With properties designed to accommodate various lifestyles, these multi-family homes provide flexibility and the potential for rental income, making them a smart choice for savvy investors. Imagine owning a multi-family residence where you can live in one unit while renting out the others, creating a harmonious blend of personal and financial growth.

The multi-family homes in Lakewood are characterized by their modern designs, spacious layouts, and proximity to local amenities. Residents can enjoy easy access to parks, shopping centers, and top-rated schools, all while being surrounded by the stunning natural beauty that Washington State is known for. Whether you’re looking to invest or to create a home that offers both comfort and community, Lakewood’s multi-family options are sure to impress.

Explore the possibilities of Lakewood's multi-family living today, and discover why this charming city is the perfect place to call home!

Newest Lakewood Homes with 42 - Multi-Family Style

$799,000

2508142 MLS ⋅ ACTIVE Status

Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.

12524 Addison Street SW, Lakewood

Listing courtesy of eXp Realty.

$399,950

2479359 MLS ⋅ ACTIVE Status

2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra multiunit cash flow. 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.

7727 146th Street SW, Lakewood

Listing courtesy of All Real Estate Solution.

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