About this home

Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

Exterior features

Cement Planked

Property details

Heating: Forced Air
Cooling: Forced Air
Flooring: Vinyl Plank, Carpet
Lot: Paved
Sewer: Sewer Connected

Costs

Annual taxes: $9,711 (2026)

Estimate your monthly payment

$5,859/mo

Principal & interest: $5,050
Property taxes: $809

Down payment (20%) $199,750 Interest rate (%) Loan term (years)

Loan amount $799,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Lakewood, WA 98499

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Every Door Real Estate— Julia Kim-Cutts.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.