Lakewood Homes with Rehab Loan Terms

Lakewood Homes with Rehab Loan Terms

Lakewood, a charming city in Pierce County, Washington, is a wonderful place to call home. Located in the beautiful Pacific Northwest region of the United States, Lakewood offers a unique blend of natural beauty, vibrant community, and convenient amenities.

With its close proximity to the city of Tacoma and stunning views of the Puget Sound, Lakewood provides residents with a perfect balance of urban convenience and serene surroundings. The city is known for its lush green spaces, including the stunning Fort Steilacoom Park, which offers miles of trails for outdoor enthusiasts to explore.

One of the key features that sets Lakewood apart is its homes with rehab loan terms. True to its commitment to revitalization and community development, Lakewood offers a range of housing options that can be purchased with rehab loan terms. This means that buyers have the opportunity to purchase a home that may require some renovations or repairs, and the cost of these improvements can be rolled into the mortgage.

This unique offering allows buyers to invest in a home that may need a little TLC, while also having the resources to make necessary improvements. It's a great way to find a home that fits your budget and personal style, while also adding value and potential to your investment.

If you're looking for a city that offers a strong sense of community, natural beauty, and the opportunity to purchase a home with rehab loan terms, look no further than Lakewood, Washington.

Newest Lakewood Homes with Rehab Loan Terms

$599,000
5 Beds ⋅ 2 Baths ⋅ 2574359 MLS ⋅ ACTIVE Status
Investor Alert! Rare opportunity to transform this 5 bedroom 2 bathroom, nearly 2400 sq ft home on a 1/2+ acre level lot. This estate sale property is ready for renewal offering generous living spaces, original character and excellent location! Just minutes from Fort Steilacoom Park, lakes, golf courses, shopping, dining and JBLM. Multiple built-ins, large windows, French doors, expansive rear deck, gazebo and 2 car attached carport (convert to garage?). Mature trees offer privacy and shade throughout the 25,830 sq ft lot with a fenced yard. The home, lot and location provide valuable potential for creating an exceptional finished property!

10302 Interlaaken Drive SW, Lakewood

Listing courtesy of Windermere Real Estate/PSK Inc.

$450,000
3 Beds ⋅ 2 Baths ⋅ 2573442 MLS ⋅ ACTIVE Status
Welcome to this beautifully remodeled Lakewood home featuring 3 bedrooms, 2 bathrooms, and a dedicated office—perfect for working from home or additional flex space. Recent updates include a brand-new kitchen, Quartz countertops, new LVP flooring, and a durable, low-maintenance metal roof designed to last for years. One bedroom features a separate entrance, offering added privacy and flexibility for guests, extended living, or a home office. Situated on a spacious 0.32-acre lot at the end of a quiet street, the property offers abundant parking, a fully fenced yard, and exceptional privacy. Conveniently located adjacent to Mt. Tahoma High School. Please note: Apple Maps provides accurate directions; Google Maps may not recognize the property location.

7604 52nd Avenue W, Lakewood

Listing courtesy of Better Properties Hometown.

$549,999
2572297 MLS ⋅ ACTIVE Status
Fantastic 4-unit investment opportunity! The vacant unit was previously owner-occupied, presenting a perfect house-hacking setup or high-yield rental potential. The 3 currently occupied units offer a 5.5% cap rate with a 6.7% Pro Forma cap rate. All tenants are currently month-to-month. Choose to occupy the vacant unit yourself or lease it out for maximum cash flow. Conveniently located near JBLM, Lakewood Town Center, local hospitals, major freeways, UW Tacoma, and PLU. 2 bed rents for $1800, Currently 1 bed rents for $1400, 1 bed rents for $900

6323 100th Street SW, Lakewood

Listing courtesy of Premier Real Estate Partners.

$549,999
5 Beds ⋅ 4 Baths ⋅ 2570898 MLS ⋅ ACTIVE Status
Fantastic 4-unit investment opportunity! The vacant unit was previously owner-occupied, presenting a perfect house-hacking setup or high-yield rental potential. The 3 currently occupied units offer a 5.5% cap rate with a 6.7% Pro Forma cap rate. All tenants are currently month-to-month. Choose to occupy the vacant unit yourself or lease it out for maximum cash flow. Conveniently located near JBLM, Lakewood Town Center, local hospitals, major freeways, UW Tacoma, and PLU. 2 bed rents for $1800, Currently 1 bed rents for $1400, 1 bed rents for $900

6323 100th Street SW, Lakewood

Listing courtesy of Premier Real Estate Partners.

$400,000
3 Beds ⋅ 1 Baths ⋅ 2569435 MLS ⋅ ACTIVE Status
This single-story rambler offers 1,400 sq ft of well-designed living space on a 6600 sq ft lot, making it an ideal find for first-time homebuyers or downsizers seeking low-maintenance, single level living. Step inside to a sprawling family den designed for quiet relaxation or entertaining guests. The home stays comfortable year-round thanks to central air conditioning. Outside, the property is anchored by a distinctive hip roof clad in durable interlocking barrel tiles (tile/concrete construction) built for long-term weather resistance. The spacious, fully usable backyard features plenty of room for outdoor activities, gardening, or pets, alongside a large, detached outbuilding providing exceptional storage or workspace potential.

4408 Hayden Street SW, Lakewood

Listing courtesy of CENTURY 21 North Homes Realty.

$429,900
4 Beds ⋅ 1 Baths ⋅ 2566746 MLS ⋅ ACTIVE Status
SOLD AS IS-Opportunity awaits at this charming Lakewood rambler! Offering 4 bedrooms, 1 bathroom, and 1,613 sq. ft. of living space on a generous 8,437 sq. ft. lot, this home is ready for its next chapter. With great bones, plenty of character, and a functional single-level layout, the property provides an excellent canvas for someone looking to add their own personal touches and build equity. Bring your vision and transform this cosmetic fixer into something truly special. Whether you’re an owner-occupant looking to make it your own or searching for a property with renovation potential, this home offers plenty of possibilities. Don’t miss the opportunity to unlock the potential of this classic Lakewood rambler!

8212 South Sw, Lakewood

Listing courtesy of Terrafin.

$650,000
6 Beds ⋅ 3 Baths ⋅ 2563543 MLS ⋅ ACTIVE Status
Unlock the potential of this rare Oakbrook Golf Course opportunity! Situated on the putting green of the 3rd fairway, this nearly 4,000 sq. ft. home offers exceptional space, a highly sought-after location, and endless possibilities for renovation and value appreciation. The main level features a spacious primary suite with a full bath, two additional oversized bedrooms, and another full bathroom. Upstairs you'll find three oversized bedrooms, a full bath, and an enormous rafter storage area with full-size access. Additional highlights include an attached 2-car garage and ample off-street parking for up to eight vehicles. This home is ready for updating and rehabilitation and has been priced accordingly, presenting an outstanding opportunity for investors, builders, or buyers looking to create their dream home and build sweat equity. Surrounded by beautifully renovated homes in an established golf course community, the possibilities are truly exceptional. The adjacent building lot (MLS# 2563546) located directly behind the home on the same fairway is also available, creating a unique opportunity for future expansion or development.

7919 Onyx Court SW, Lakewood

Listing courtesy of Better Properties Summit.

$649,999
2554447 MLS ⋅ ACTIVE Status
Exceptional opportunity on South Tacoma Way with convenient access to I-5, Highway 512, JBLM, and surrounding commercial corridors. Situated on a generous 16,553 sq ft level lot, this versatile property offers a wide range of potential uses for owner-users, investors, entrepreneurs, service businesses, office, retail, or future redevelopment possibilities. Existing improvements include a newer addition, creating added flexibility for a variety of business or mixed-use concepts.Property features strong exposure, convenient access, and ample parking in a high-traffic Lakewood location surrounded by established businesses and continued area growth. Commercial/residential zoning may provide additional opportunities and flexibility for future use or expansion. Rare chance to secure a well-located property with accessibility and long-term upside in a sought-after South Tacoma Way corridor.

9722 South Tacoma Way, Lakewood

Listing courtesy of Skyline Properties, Inc..

$699,000
3 Beds ⋅ 3 Baths ⋅ 2530236 MLS ⋅ ACTIVE Status
Exceptional opportunity on South Tacoma Way with convenient access to I-5, Highway 512, JBLM, and surrounding commercial corridors. Situated on a generous 16,553 sq ft level lot, this versatile property offers a wide range of potential uses for owner-users, investors, entrepreneurs, service businesses, office, retail, or future redevelopment possibilities. Existing improvements include a newer addition, creating added flexibility for a variety of business or mixed-use concepts.Property features strong exposure, convenient access, and ample parking in a high-traffic Lakewood location surrounded by established businesses and continued area growth. Commercial/residential zoning may provide additional opportunities and flexibility for future use or expansion. Rare chance to secure a well-located property with accessibility and long-term upside in a sought-after South Tacoma Way corridor.

9722 South Tacoma Way, Lakewood

Listing courtesy of Skyline Properties, Inc..

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