Lakewood Homes with 42 - Multi-Family Style

Welcome to Lakewood, Washington – a vibrant city nestled in the heart of Pierce County, where natural beauty meets urban convenience. Known for its lush landscapes and friendly community, Lakewood is an ideal place for families, young professionals, and retirees alike. With its proximity to the stunning Puget Sound and majestic Mount Rainier, residents enjoy a plethora of outdoor activities, from hiking and biking to boating and fishing.

Lakewood boasts a diverse range of neighborhoods, each offering its unique charm and amenities. The city's commitment to parks and recreation is evident in its numerous green spaces, including the expansive Fort Steilacoom Park, which features trails, sports fields, and a historic site. Lakewood is also home to a thriving arts scene, with local galleries and theaters showcasing the talents of the community.

For those interested in investing in real estate, Lakewood offers an exciting opportunity with its multi-family homes. With a variety of styles and sizes available, these properties are perfect for investors looking to capitalize on the growing rental market or for families seeking spacious living arrangements. The multi-family homes in Lakewood provide not only a sense of community but also the potential for additional income.

Whether you're looking to settle down or invest, Lakewood's multi-family properties offer a unique blend of comfort and opportunity. Discover the charm of Lakewood and make it your new home today!

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.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.