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$399,999
2564463 MLS ⋅ ACTIVE Status
Fantastic opportunity to own a triplex in Lakewood! Each unit features 1 bedroom and 1 bathroom, making this an excellent entry-level multifamily investment. Priced to reflect the need for some TLC, the property offers strong value-add potential. Situated on a large lot with possible future development opportunities. Buyer to verify all information and development potential to their satisfaction.

9212 33rd Avenue Ct S, Lakewood

Listing courtesy of Every Door Real Estate.

$674,999
2555073 MLS ⋅ ACTIVE Status
Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$740,000
2285199 MLS ⋅ SOLD Status
This meticulously maintained triplex offers a unique opportunity for both investors and house hackers alike. With one unit vacant, you can live in one unit while renting out the other two, helping offset your mortgage! Each unit boasts modern finishes, spacious layouts, and ample natural light. The property is situated in a desirable neighborhood with easy access to local amenities, schools, and public transport. Don’t miss out on this rare chance to own a cash-flowing property with instant rental income!

14501 14505 Woodlawn Street SW, Lakewood

Listing courtesy of Skyline Properties, Inc.. Selling Office: eXp Realty.

$460,000
2251398 MLS ⋅ SOLD Status
Rare opportunity to own a house and duplex! Have the duplex pay your mortgage or have three rentals. Main house offers 2 bedrooms, 1 bathroom & 756 sqft. The main house lives much larger than the square footage. Duplex offers two 1 bedroom & 1 bathroom units. Plenty of parking along with 289 sqft detached garage. Across the street from Harry Todd Park with partial American Lake views. The park offers 17 acres of baseball, basketball courts, playgrounds, boat docks and more. Situated minutes away from Base Gates and freeway access.

14718 Portland Avenue SW, Lakewood

Listing courtesy of Windermere Prof Partners. Selling Office: Commencement Bay Brokers LLC.

$389,000
2212381 MLS ⋅ SOLD Status
Investor Alert! Great deal on this triplex and brimming with potential! Just a few blocks to American Lake and Harry Todd Park, this is a fantastic opportunity to own a highly desirable rental in the perfect location. Each unit includes 1 bed, 1 bath. Shared laundry room. Each unit has it's own storage locker, plus property includes additional 3 large storage sheds for additional revenue stream, all w/ overhead doors! 3 car carport with 3 additional uncovered spaces. Fully fenced, oversized lot, + gazebo! With a bit of TLC this will be the perfect investment property! Minutes to I-5, JBLM, shopping, restaurants. Don't miss out on this awesome investment opportunity!

15124 Washington Avenue SW, Lakewood

Listing courtesy of RE/MAX Advantage. Selling Office: Commencement Bay Brokers LLC.

$500,000
2198843 MLS ⋅ SOLD Status
Discover comfort and investment potential in this exceptional multifamily property on a spacious 1/4 acre lot with MF-2 zoning, ideal for multi-generational living or rental income. Directly across from Harry Todd Park. Featuring three units – A, B, and C – each with unique amenities. Washer & dryer in all units. Unit A offers a charming 1-bed, 1-bath with an updated kitchen and private yard. Unit B/C provides an upper studio with a separate electric meter for B, parking, and storage. Unit C boasts modern amenities, a garage, and extra storage. 2 detached storage sheds available for rent for B & C. Totaling 2,089 sq. ft., this property is perfect for rental investment or a comfortable residence with income potential.

14602 Portland Avenue SW Unit #C, Lakewood

Listing courtesy of John L. Scott, Inc. Selling Office: Engel& Voelkers of Federal Way.

$470,000
2192265 MLS ⋅ SOLD Status
Investment opportunity alert! Triplex close to Lake Steilacoom. This property is a fixer with tons of potential! Each unit consists of 2 bedrooms and 1 bath, one garage unit. Utility room in basement with washer and dryer hook-up. Potential extra income in coin operated laundry. The large detached 3 car garage (shared) offers extra storage space. Located in the heart of Lakewood, you'll be close to shops, lakes, beaches and transit. This property is being sold AS-IS.

6714 Steilacoom Boulevard SW, Lakewood

Listing courtesy of Berkshire Hathaway HS NW. Selling Office: Skyline Properties, Inc..

$950,000
2165618 MLS ⋅ SOLD Status
Newer townhome-style Tri-plex in the heart of Tillicum. Close to freeways, military bases, and I-5. The contemporary design takes advantage of NW features and design elements. Each rental unit is 1289 sq ft and features 2 bedroom, 2.5 baths, a modern kitchen with appliance package including stove/oven, dishwasher and refrigerator. Living area, kitchen, laundry closet and 1/4 bath are located on the main level with spacious bedrooms and baths upstairs. The roof design adds to the open concept and modern amenities.

14507 14511 Union Avenue SW, Lakewood

Listing courtesy of Westlake Associates, Inc.. Selling Office: Keller Williams Seattle Metro.

Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.