Lakewood Homes with 42 - Multi-Family Style

Welcome to Lakewood, Washington, a vibrant city nestled in Pierce County that perfectly blends scenic beauty with urban convenience. Known for its lush parks, friendly neighborhoods, and a strong sense of community, Lakewood is an ideal place for families, professionals, and retirees alike. With its close proximity to Tacoma and Seattle, residents enjoy easy access to a plethora of amenities, including shopping, dining, and recreational activities.

Lakewood is renowned for its stunning natural landscapes, featuring beautiful lakes, trails, and parks like Fort Steilacoom Park, where families can enjoy picnics, sports, and outdoor adventures. The city also boasts a rich cultural scene, with various community events and festivals throughout the year, fostering a close-knit community spirit.

For those looking to invest in multi-family homes, Lakewood offers a variety of options that are both appealing and practical. Multi-family properties in this area provide excellent opportunities for investors seeking to tap into the growing rental market. With a diverse demographic and a steady influx of residents, these homes are not only a smart investment but also a chance to contribute to the community’s growth.

Whether you're considering a multi-family property as an investment or as a place to call home, Lakewood’s dynamic real estate market is worth exploring. With its charming neighborhoods, excellent schools, and a plethora of amenities, Lakewood is more than just a place to live—it's a community where you can thrive. Come discover the possibilities that await you in this beautiful city!

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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