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Listing courtesy of NWMLS / Pellego, Inc.

5503 112th Street SW

Lakewood, WA 98499

– beds
– baths
2,026 sqft
13,000 sqft lot
$271 per sqft
1940 build

Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. All three units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! Rents $3750. 2x1, 1x1, 0x1.

Listing courtesy of NWMLS / Pellego, Inc.

Last checked: Checking… • Last updated Feb 17, 2025 •

MLS# 2312163 —

The Building

Year Built:

1940
New Construction:

false
Structure Type:

Triplex
Exterior Features:

Wood
Roof:

Composition
Units In Building Total:

3
Foundation Details:

Poured Concrete
# of Units Total:

3
Stories Total:

2
Building Area Total:

2026
Building Area Units:

Square Feet
Calculated SqFt:

2026
SqFt Source:

REALIST

Interior

Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.156105
Longitude:

-122.510216
Directions:

From I-5 South, take Exit 125 onto Bridgeport Way. Right onto Bridgeport Way SW, Left onto 112th St SW, Right onto 55th Ave SW. Home on Left.

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Parcel Number:

6675000100
Lot Features:

Corner Lot, Paved
Lot Size Units:

Square Feet
Lot Size Acres:

0.2984
Lot Size SqFt:

13000
Lot Size Source:

REALIST
Zoning Class:

Multi-Family
View:

false
Waterfront:

false
Possible Use:

Multi-Family
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

4846

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

true
Heating:

true
Cooling:

Wall Unit(s)
Heating:

Wall Unit(s)

Utilities

Water Source:

Public
Sewer:

Sewer Connected
Water Sewer Garbage:

2400

Schools

High School District:

Clover Park

The Community

Subdivision Name:

Clover Park
Senior Community:

false
Association:

false

Parking

Parking Total:

6
Parking Uncovered Spaces:

6
Open Parking:

true
Open Parking Spaces:

6
Carport:

false

Listing courtesy of NWMLS / Pellego, Inc.

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Feb 19 2025 12:13 PM. 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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Walk Score®

Provided by WalkScore® Inc.

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Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/17/25 Feb 17, 2025	Price Changed	NWMLS	$550,000	-2.7%
11/20/24 Nov 20, 2024	Listed / Active	NWMLS	$565,000	39.5% (23.0% / YR)
3/3/23 Mar 3, 2023		NWMLS	$405,000	-11.0%

Multifamily For Sale

$550,000

Price drop −$15,000

Listing provided by broker:

Shawn Darden

Pellego, Inc.

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This multifamily located in Lakewood, WA 98499 is currently for sale for $550,000. 5503 112th Street SW is a 2,026 square foot multifamily with – beds and – baths. This multifamily is in the attendance area of Tyee Park Elementary School, Clover Park Early Learning Program, Lochburn Middle School, and Clover Park High School.

Listing courtesy of NWMLS / Pellego, Inc.

Disclaimer: The information contained in this listing has not been verified by Pellego, Inc. and should be verified by the buyer.