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Listed by: Claire Fralish (253) 230-2567 , Perdana Daud (888) 317-5197 | eXp Realty (888) 317-5197
$799,000
Monthly Est:$3,977
-- Bed
-- Bath
19,600sqft lot
12524 Addison St SW, Lakewood, WA 98499
$799,000
$3,977/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
19,600 sqft lot
$41/sq.ft
Description
Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.
- Houzeo last checked: 9 hours ago
- Listing updated: September 21, 2026 at 4:25 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2508142
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
19,600 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2508142
MLS Status
Active
Days on Market
282
Cumulative Days on Market
282
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
On Property
Utilities & Energy
Parking Features
Garage
Utilities
Electricity Available
Water Source
On Property
Other Features
Lot Features
Dead End Street
Subdivision Name
Lakewood
Price History
| Date | Event | Price |
|---|---|---|
04/10/2026 Source: | Listed for Sale | $799,000 +699.00% $0/sqft |
04/25/2015 Source: | Sold | $100,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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 is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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