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Listing courtesy of NWMLS / HDN Real Estate

4902 111th Street SW

Lakewood, WA 98499

– beds
– baths
4,584 sqft
~1/2 acre lot
$381 per sqft
1960 build

Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.

Listing courtesy of NWMLS / HDN Real Estate

Last checked: Checking… • Last updated Dec 8, 2024 •

MLS# 2204265 —

The Building

Year Built:

1960
Year Built:

1960
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Multi Family
Exterior Features:

Brick
Roof:

Composition
Units In Building Total:

8
Foundation Details:

Block, Poured Concrete
Security Features:

PartiallyFenced
# of Units Total:

8
Stories Total:

1
Building Area Total:

4584
Building Area Units:

Square Feet
Calculated SqFt:

4584
SqFt Source:

Realist

Interior

Interior Features:

Ceramic Tile, Hardwood, Laminate, Laminate Hardwood, Wall to Wall Carpet
Flooring:

Ceramic Tile, Hardwood, Laminate, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.156133
Longitude:

-122.502697
Directions:

On I-5 take exit 125, Bridgeport to 111th Street, East to Property.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Property Condition:

Fair
Parcel Number:

508000-008-2
Lot Size Units:

Square Feet
Lot Size Dimensions:

163 X 130
Lot Size Acres:

0.4408
Lot Size SqFt:

19200
Lot Size Source:

Realist
Zoning Class:

Multi-Family
Zoning Jurisdiction:

City
View:

false
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

9480

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Baseboard, Insert, Wall Unit(s)

Utilities

Water Company:

Lakewood Water Dist.
Water Source:

Public
Sewer:

Sewer Connected
Sewer Company:

Pierce County Sewer
Power Company:

Pse
Water Sewer Garbage:

9139.35

Schools

Elementary School:

Lakewood Elem
Middle Or Junior School:

Lakewood Mid
High School:

Lakewood High
High School District:

Lakewood

The Community

Subdivision Name:

Lakewood
Amenities:

Playground,Storage
Senior Community:

false
Association:

false

Parking

Parking Total:

9
Parking Uncovered Spaces:

9
Open Parking:

true
Open Parking Spaces:

9
Carport:

false

Listing courtesy of NWMLS / HDN Real Estate

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sun Dec 22 2024 11:32 AM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

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Sale history

Date	Event	Source	Price	% Change
12/6/24 Dec 6, 2024	Price Changed	NWMLS	$1,750,000	-2.8%
5/15/24 May 15, 2024	Price Changed	NWMLS	$1,799,500	-1.4%
3/1/24 Mar 1, 2024	Listed / Active	NWMLS	$1,825,000	329.4% (41.6% / YR)

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This multifamily located in Lakewood, WA 98499 is currently for sale for $1,750,000. 4902 111th Street SW is a 4,584 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Clover Park High School, Lochburn Middle School, Clover Park Early Learning Program, and Lakeview Hope Academy.

Listing courtesy of NWMLS / HDN Real Estate

Disclaimer: The information contained in this listing has not been verified by HDN Real Estate and should be verified by the buyer.