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For Sale51 Days
$1,725,000

4902 111th Street
Lakewood, WA 98499

Income For Sale
4,584 Sq. Ft.
0.44 Acre Lot
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    Provided by Northwest Multiple Listing Service, 2025.

    Description for 4902 111th Street, Lakewood, WA 98499

    For Sale> Pierce> Lakewood> 98499

    Location, location! Great Investment, Turnkey opportunity to purchase this great income producing 8Plex, 4,584sf building, 19,200sf Parcel; 2 2BR & 6 1BR Apart, Zone C1, located in the heart of Lakewood, next to St. Clare Hospital. Well maintained 1-Story U-shape Brick Building, private courtyard, large playground area with fully gated fence, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure by the street side. Current rents are much below market rent. With highly Rent demand, it has plenty of room to increase income, plus coin operated laundry. This Multi-Fam Building is on Lakewood Commercial Core, surrounding with businesses, residential developments; minutes to I5, JBLM Military Base, Towne Center.

    Property Details

    Listing Details
    For Sale
    Income
    Multi-Family
    None
    For Sale
    NWM2204265
    $1,725,000
    12/26/2024
    4,584 Sqft
    1960
    Single Family
    9
    Fair
    NWM95370
    Location Information
    US
    WA
    Pierce
    Lakewood
    98499
    111th
    4902
    Street
    5407
    Lakewood
    W123° 29' 50.3''
    N47° 9' 22.1''
    4902 111th Street SW, Lakewood, WA 98499-5407
    37 - Lakewood
    SW
    Yes
    Garage/Parking
    No
    No
    Interior Features
    Carpet,Laminate,Ceramic Tile,Hardwood
    Ceramic Tile,Hardwood,Wall To Wall Carpet,Laminate Hardwood,Laminate
    Partiallyfenced
    Exterior Features
    No
    No
    Brick
    Composition
    WaterFront and WaterAccess
    No
    Land Info
    0.44 Acre
    Nw
    508000-008-2
    Monthly
    163 X 130
    Utilities
    Wall Unit(s),Baseboard,Insert
    None
    Sewer Connected
    HOA Info
    Monthly
    8
    No
    Rental Info
    4584
    Monthly
    Tax Info
    $9,480
    2023
    Schools
    Lakewood Elem
    Lakewood High
    Lakewood Mid
    Listing Information
    HDN Real Estate
    Hau Nguyen
    300
    NWM6644
    Nwmls
    $1,825,000
    12/26/2024 18:08:09
    Poured Concrete,Block
    1
    Multi Family
    Public
    Lakewood

    Price History

    Source: MLS
    DateEventPriceSource
    2024-12-26 19:36:17For Sale$1,725,000MLS
    2024-12-26For Sale$1,825,000MLS
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    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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