14402 Washington Avenue SW
Lakewood, WA 98498
- – beds
- – baths
- 7,983 sqft
- ~1 acre lot
- $225 per sqft
- 1942 build
Wonderland is a rare value-add property on a large corner lot, ideally located near JBLM, Boeing, and UW Tacoma - without Tacoma's rental restrictions. This diverse asset includes a renovated fourplex, two single-family homes, and two duplex-style cottages with classic interiors ready for modernization and rent increases. A 1,200 SF storage unit offers conversion potential into an additional 3-bed/2-bath or two smaller units. Six garages provide extra income opportunities at $100+ per month each. With historically high occupancy, low turnover, and no delinquency, Wonderland presents a strong investment with significant upside potential.
Last checked:
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Checking…
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Last updated Feb 22, 2025
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MLS# 2335245 —
The Building
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Year Built:1942
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New Construction:false
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Structure Type:Multi Family
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Exterior Features:Cement/Concrete, Cement Planked
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Roof:Composition
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Units In Building Total:10
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# of Units Total:1
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Stories Total:2
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Building Area Total:7983
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Building Area Units:Square Feet
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Calculated SqFt:7983
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SqFt Source:Tax Records
Interior
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Interior Features:Wall to Wall Carpet
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Flooring:Vinyl Plank, Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.127446
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Longitude:-122.54795
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Directions:GPS works.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:2200002400
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Lot Features:Paved, Secluded, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.99
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Lot Size SqFt:43125
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Lot Size Source:Tax Records
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View:false
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Waterfront:false
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 330-0314
- Office phone:
- (206) 330-0314
Taxes
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Tax Year:2024
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Tax Annual Amount:14528
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Forced Air, Wall Unit(s)
Utilities
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Water Source:Public
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Sewer:Sewer Connected
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Water Sewer Garbage:7176.67
Schools
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High School District:Clover Park
The Community
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Subdivision Name:Tillicum
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Senior Community:false
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Association:false
Parking
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Parking Total:18
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Parking Uncovered Spaces:12
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Open Parking:true
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Open Parking Spaces:12
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Carport:false
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Covered Spaces:6
Listing courtesy of NWMLS / COMPASS
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 |
|---|---|---|---|---|
|
2/21/25
Feb 21, 2025
|
Listed / Active | NWMLS | $1,800,000 |
