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For Sale62 Days
$1,450,000

9227 Lake Drive
Lakewood, WA 98498

Income For Sale
4,870 Sq. Ft.
0.26 Acre Lot
    • 1of22
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    HomeSmart Real Estate Assoc

    Provided by Northwest Multiple Listing Service, 2025.

    Description for 9227 Lake Drive, Lakewood, WA 98498

    For Sale> Pierce> Lakewood> 98498

    Rare opportunity to own this well-maintained, classic brick 8-unit apartment building, conveniently located on a quiet street just 2-blocks away from American Lake Park and lake access! An ideal investment in an ideal location! New restaurants, local pub, gourmet coffee stand, corner grocery stores, new laundromat & Route #214 bus stop are just steps away! Minutes from VA hospital, American Lake Golf Course & close to I-5, Lakewood Town Center, JBLM & Fort Steilacoom Park. There are (2) two-bdrm units & (6) one-bdrm units. Rents are below market rates & there is much room for increases! All units have updated kitchens w/gas ranges & quartz counters, tiled bathrooms, new hot water tanks & updated electrical panels. New roof installed in 2024

    Property Details

    Listing Details
    For Sale
    Income
    Multi-Family
    None
    For Sale
    NWM2308006
    $1,450,000
    12/17/2024
    4,870 Sqft
    1956
    Single Family
    8
    Very Good
    NWM38986
    Location Information
    US
    WA
    Pierce
    Lakewood
    98498
    Lake
    9227
    Drive
    American Lake
    W123° 26' 20.4''
    N47° 8' 40.2''
    9227 N Lake Drive SW, Lakewood, WA 98498
    38 - Lakewood
    N
    SW
    Yes
    Garage/Parking
    No
    No
    Interior Features
    Laminate,Ceramic Tile,Vinyl Plank
    Ceramic Tile,Laminate Hardwood
    Fullyfenced
    Exterior Features
    Territorial
    No
    No
    Wood,Brick
    Composition
    WaterFront and WaterAccess
    No
    Land Info
    0.26 Acre
    Paved
    Nw
    6385000020
    Monthly
    Utilities
    Wall Unit(s)
    None
    Sewer Connected
    HOA Info
    Monthly
    8
    No
    Rental Info
    4870
    Monthly
    Tax Info
    $7,457
    2024
    Schools
    Lake Louise Elem
    Lakes High
    Woodbrook Mid
    Listing Information
    HomeSmart Real Estate Assoc
    Brandon M Cline
    40
    NWM2844
    Nwmls
    $1,450,000
    12/16/2024 23:50:09
    Block
    1
    Multi Family
    Public
    Clover Park

    Price History

    Source: MLS
    DateEventPriceSource
    2024-12-17For Sale$1,450,000MLS
    Get Price Alert

    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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