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Listed by: Hau Nguyen (206) 304-0317 | HDN Real Estate (253) 313-9300
$1,650,000
Monthly Est:$8,213
10 Beds
8 Baths
4,584sqft
4902 111th Street SW, Lakewood, WA 98499
$1,650,000
$8,213/moEst:
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Multi Family
Built in 1960
$-- HOA
19,200 sqft lot
$360/sq.ft
Description
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.
- Houzeo last checked: 9 hours ago
- Listing updated: September 17, 2026 at 6:35 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2497467
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1960
HOA Fees
-
Finished Area
4,584 sqft
Lot Size
19,200 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2497467
MLS Status
Active
Days on Market
188
Cumulative Days on Market
188
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 10
Bathrooms: 8
Interior
Flooring
Ceramic Tile, Hardwood, Laminate, Carpet
Exterior Features
Brick
Sewer
Sewer Connected
Heating
Baseboard, Fireplace Insert, Wall Furnace
Cooling
None
Construction
Year Built
Year Built: 1960
Home type
Multi Family
Roof
Composition
Property Condition
Fair
Foundation Details
Block, Poured Concrete
Construction Materials
Brick
Utilities & Energy
Security Features
Fully Fenced
Water Source
Public
Other Features
Subdivision Name
Lakewood
Price History
| Date | Event | Price |
|---|---|---|
03/27/2026 Source: | Listed for Sale | $1,650,000 +288.24% $360/sqft |
04/01/2016 Source: | Sold | $425,000 $93/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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