Lakewood Homes with Average Building Condition

Lakewood Homes with Average Building Condition

Welcome to Lakewood, a vibrant community located in Pierce County, Washington, US. Known for its picturesque surroundings and friendly atmosphere, Lakewood offers a perfect blend of urban convenience and suburban tranquility.

One of the key highlights of Lakewood is its diverse neighborhoods, each with its unique charm and character. Whether you're looking for a cozy suburban setting or a bustling urban vibe, Lakewood has something for everyone. From tree-lined streets to modern developments, there's a home here to suit every taste and lifestyle.

Homes in Lakewood with average building conditions offer a great opportunity for buyers looking to customize and make their mark. Whether you're a first-time homebuyer or a seasoned investor, these properties provide a solid foundation for creating the home of your dreams.

Living in Lakewood means enjoying a wide range of amenities and attractions right at your doorstep. From scenic parks and outdoor recreational areas to shopping centers and dining options, everything you need is just a short drive away. With easy access to major highways and public transportation, commuting to other parts of Pierce County is a breeze.

If you're looking for a place to call home that offers the perfect balance of comfort, convenience, and community, look no further than Lakewood. Come and discover all that this wonderful neighborhood has to offer – you won't be disappointed!

Newest Lakewood Homes with Average Building Condition

$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.

$95,000
2556870 MLS ⋅ ACTIVE Status
Restaurant business opportunity in Lakewood! This inviting space features a colorful dining room with table and counter seating, plus a well-equipped commercial kitchen with a hood and cooking line, commercial refrigeration, stainless-steel preparation areas, shelving, and a three-compartment sink. Conveniently located along S Tacoma Way with excellent visibility and an efficient layout ready for continued restaurant use. Business and equipment sale only; real estate is not included. Buyer to verify all information, equipment inventory, lease terms, licenses, permits, and suitability for intended use.

Lakewood

Listing courtesy of Keller Williams Rlty Bellevue.

$805,000
3 Beds ⋅ 4 Baths ⋅ 2548481 MLS ⋅ ACTIVE Status
Over 3100 square feet of living space. large finished daylight basement with family/theater room. Over an acre of space with plenty of room to garden, landscape or for out buildings. Home has 2 RV parking slips with two 30 amp electrical hookups and 3 sewer hookups. Open floor plan inside with master suite upstairs and two bedrooms downstairs with two full baths with a total of 3 and a half baths. New metal rolled roof and laminate plank flooring throughout the upstairs. Beautiful cascade mountain views from every room. Open light kitchen with double oven space with tiled island.

15625 11th Avenue NE, Arlington

Listing courtesy of G L McClinton & Associates.

$624,950
3 Beds ⋅ 3 Baths ⋅ 2543118 MLS ⋅ ACTIVE Status
Experience the perfect blend of modern comfort and limitless potential in this beautifully refreshed 3-bedroom, 2.25-bathroom tri-level residence. The main level offers a bright, open living room, while the lower level features a separate, versatile family room—ideal for a home office, media room, or guest space. Recent interior updates include stylish and durable luxury vinyl plank (LVP) flooring and a fresh, neutral paint palette throughout. The heart of the home is a well-appointed kitchen equipped with premium Viking appliances, ready for your culinary projects. The true showstopper is the expansive 15,000-square-foot lot. Unlike many modern properties, this home offers significant room to breathe and grow. With ample space for an ADU, a large detached shop, RV parking, or a sprawling custom garden, this lot provides the flexibility to create the outdoor oasis you’ve always imagined (buyer to verify). Just minutes away from shopping, restaurant's centrally located between American, Gravelly and Steilacoom Lakes! Whether you’re looking for a move-in-ready home today or a property with massive upside for the future, this is a rare find.

11315 83rd Avenue SW, Lakewood

Listing courtesy of eXp Realty.

$2,100,000
2535832 MLS ⋅ ACTIVE Status
Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$1,104,950
3 Beds ⋅ 1 Baths ⋅ 2480442 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features two versatile buildings. The 1,260 sq/ft 1½-story building can function as a residential home or professional office and includes three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. The 6,604 sq/ft 1-story brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

3819 94th Street SW, Lakewood

Listing courtesy of John L. Scott, Inc.

$1,104,950
2470923 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features two versatile buildings. The 1,260 sq/ft 1½-story building can function as a residential home or professional office and includes three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. The 6,604 sq/ft 1-story brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

3819 94th Street SW, Lakewood

Listing courtesy of John L. Scott, Inc.

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