4902 111th Street SW · Lakewood, WA 98499
Source: NWMLS · HDN Real Estate · Hau Nguyen #NWM2497467
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- 5-9 Units
- Stories
- 1 story
- Condition
- Fair
- Year built
- 1960 (renovated 1990)
- Building area
- 4,584 sq ft
- Lot size
- 19,200 sq ft (0.44 acres)
- County
- Pierce
- MLS #
- NWM2497467
Interior
- Heating
- Baseboard, Fireplace Insert, Wall Furnace
- Cooling
- None
- Flooring
- Ceramic Tile, Hardwood, Laminate, Carpet
Exterior & lot
- Exterior features
- Brick
- Roof
- Composition
- Foundation
- Block, Poured Concrete
- Waterfront
- No
Parking
- Parking spaces
- 9
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Lakewood
- Property tax
- $9,856 (2025)
Transaction
- Listed on
- Mar 27, 2026
- Days on market
- 177
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Lakewood
- Elementary
- Lakewood Elem
- Middle
- Lakewood Mid
- High
- Clover Park High SchoolTop 93% in WA
Listing provided courtesy of: HDN Real Estate
Listing agent: Hau Nguyen.
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 provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-17.