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$415,000
2 Beds 1 Baths 2559272 MLS ACTIVE Status
Picture-perfect, charming, and completely move-in ready! This beautifully maintained 1,080 sq ft home perfectly blends timeless character with modern updates, including a brand-new furnace installed in 2023 for total peace of mind. The highly functional 2-bedroom, 1-bathroom floor plan features fresh new paint, updated baseboards, and brand-new vinyl flooring extending seamlessly through the living room, dining area, kitchen, and bedrooms—expertly installed while keeping the original oak floors safely preserved underneath! Large double-pane windows flood the entire home with vibrant natural light. Cooking is a delight in the updated kitchen, boasting custom soft-close cabinetry, sleek countertops, and stainless steel appliances. Unwind in the fully modernized bathroom, complete with a custom tile tub surround. The detached shop/office structure—ideal for remote work, a hobby studio, or extra storage. Nestled on a level 5,336 sq ft lot with a detached carport and the possibility for a future ADU addition (buyer to verify), you are just minutes away from Harry Todd Park, American Lake, shopping, I-5, and JBLM.

15113 SW Grant Avenue, Lakewood

Listing courtesy of Better Properties N. Proctor.

$674,999
2555073 MLS ACTIVE Status
Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$499,000
3 Beds 1 Baths 2553266 MLS ACTIVE Status
Explore your options with a move-in-ready 3BR 1664 sq ft home, plus a rare opportunity to also expand and develop your property. This jewel is situated on a level .63 acre lot featuring a functional one-story layout with a finished basement, offering flexible living options. The main level includes two bedrooms, a full bath, refreshed kitchen, living and dining area, while the finished basement adds a third bedroom along with expansive bonus spaces ideal for a media room, home office, gym, hobby area, or multigenerational living. This versatile property offers incredible possibilities for homeowners and investors, alike. The oversized lot provides abundant space for RV and boat parking, outdoor entertaining, gardening, or potential future expansion or development. With its location just a couple of minutes from JBLM, Camp Murray, I-5, public transit and near shopping, recreation and hospitals, this is a great opportunity own in one of Lakewood’s most accessible neighborhoods. Call and schedule a tour!

15401 Grant Avenue SW, Lakewood

Listing courtesy of John L. Scott Dupont.

$549,950
1 Beds 1 Baths 2550097 MLS ACTIVE Status
MUST SEE! LIVING WITH EXTRA INCOME FROM ADU! THIS UNIQUE PROPERTY features 2 separates home with different address on ONE PARCEL. Excellent income potential or Generation living, main home 8902 Forest Rd. SW has 988 sf home include Bonus room or hobby room, Kitchen, Living room, Dining room, full bathroom and Laundry room, Exterior Deck with access to unfinished basement. Detached ADU 8901 Rose Rd. SW. has 612 sf. feature 1 Bedroom, 3/4 bath and 1 detached car garage. Built in Murphy bed, living room with Kitchen that included Refrigerator, Stove and Washer/Dryer. Few blocks to American Lake park and boat launch. Easy to Freeway and close to all other services. ADU contractor lock box code 147# it will need same code to closed.

8902 Forest Road SW, Lakewood

Listing courtesy of Kelly Right RE of Seattle LLC.

$599,900
2544520 MLS ACTIVE Status
Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$525,000
2 Beds 1 Baths 2535250 MLS ACTIVE Status
Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.

15202 Washington Avenue SW, Lakewood

Listing courtesy of Pellego, Inc..

$525,000
2535263 MLS ACTIVE Status
Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.

15202 Washington Avenue SW, Lakewood

Listing courtesy of Pellego, Inc..

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