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$2,137,500
2555633 MLS ACTIVE Status
**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$639,900
4 Beds 3 Baths 2517887 MLS ACTIVE Status
Striking modern architecture meets natural warmth in this one-of-a-kind residence in the quiet Hill Terrace Estates neighborhood. Defined by its bold angular design, cedar siding, and rich wood-wrapped interior, the home seamlessly blends indoor and outdoor elements for a truly cohesive living experience—complemented by the durability and clean lines of a metal roof. An eye-catching undulating fence softens the geometric form, while the elevated catwalk entry creates a dramatic sense of arrival and anticipation.Inside, the open-concept layout is amplified by a loft-style second level, soaring vaulted ceilings, expansive floor-to-ceiling windows, and abundant skylights—filling the home with natural light and enhancing its airy, inviting feel.This spacious multi-level home offers 4 bedrooms, 2.5 baths, and 3,246 sq ft on a generous half-acre lot. The main floor features a well-appointed kitchen that flows effortlessly into the dining and living areas, along with a bedroom, half bath, and a cozy gas fireplace that anchors the living space. Upstairs, you’ll find a loft overlooking the main living area and a private primary suite with a full bath. The lower level adds versatility with an additional gas fireplace, utility room, full bath, and two additional rooms—ideal for guests, office space, or hobbies.

10702 Hill Terrace SW Terrace SW, Lakewood

Listing courtesy of eXp Realty.

$1,650,000
2497467 MLS ACTIVE Status
Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

4902 111th Street SW, Lakewood

Listing courtesy of HDN Real Estate.

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