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Listing courtesy of NWMLS / Kidder Mathews

6807 Lakewood Dr W

University Place, WA 98467

– beds
– baths
– sqft
~1 acre lot
1957 build

Built in 1957 and recently upgraded, the Meadow Park apartments are a 12-unit offering sitting on Lakewood Dr and adjacent to the Meadow Park Golf Course. Resting on an acre of centrally located real estate, Meadow Park is comprised on efficiently laid out 1-bedroom 1-bath units holding modernized interior finishes. Inside you’ll find hard surface countertops, stainless steel appliance package, new cabinets, new LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded outdated plumbing, electrical, roof, siding, and landscaping. Offered to investors at an in-place cap of 6.5%, this cash flowing opportunity is well positioned to provide new ownership consistent returns.

Listing courtesy of NWMLS / Kidder Mathews

Last checked: Checking… • Last updated Nov 13, 2024 •

MLS# 2299274 —

The Building

Year Built:

1957
Year Built:

1957
Year Built Source:

Public Records
New Construction:

false
Structure Type:

Multi Family
Exterior Features:

Stone
Roof:

Flat
Units In Building Total:

12
# of Units Total:

12
Stories Total:

1
Building Area Units:

Square Feet

Interior

Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.19546
Longitude:

-122.507953
Directions:

Continue to I-705 S // Take I-5 S to S 72nd St/S 74th St. Take exit 129 from I-5 S // Continue on S 74th St to your destination

The Property

Property Type:

Residential Income
Property Subtype:

Multi-Family
Parcel Number:

545000620
Lot Size Units:

Square Feet
Lot Size Dimensions:

42216
Lot Size Acres:

0.9691
Lot Size SqFt:

42216
Lot Size Source:

Public Records
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:

2024
Tax Annual Amount:

12412

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Sewer:

Septic Tank
Water Sewer Garbage:

7200

Schools

High School District:

Fife

The Community

Subdivision Name:

University Place
Senior Community:

false
Association:

false

Parking

Parking Total:

16
Parking Uncovered Spaces:

16
Open Parking:

true
Open Parking Spaces:

16
Carport:

false

Listing courtesy of NWMLS / Kidder Mathews

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Wed Nov 13 2024 10:57 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.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/10/24 Oct 10, 2024	Listed / Active	NWMLS	$1,800,000

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This multifamily located in South Tacoma, Tacoma, WA 98467 is currently for sale for $1,800,000. 6807 Lakewood Dr W is a – square foot multifamily with – beds and – baths. 6807 Lakewood Dr W is in the South Tacoma neighborhood of Tacoma and has a WalkScore® of 64, making it somewhat walkable.

Listing courtesy of NWMLS / Kidder Mathews

Disclaimer: The information contained in this listing has not been verified by Kidder Mathews and should be verified by the buyer.