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Listed by: Tamara Paul (206) 226-5869 | RE/MAX Northwest (253) 472-2122
$2,137,500
Monthly Est:$10,639
12 Beds
6 Baths
6,066sqft
8303 John Dower Rd SW, Lakewood, WA 98499
$2,137,500
$10,639/moEst:
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Multi Family
Built in 1962
$-- HOA
27,000 sqft lot
$352/sq.ft
Description
**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!
- Houzeo last checked: 10 hours ago
- Listing updated: September 22, 2026 at 6:38 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2555633
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
6,066 sqft
Lot Size
27,000 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2555633
MLS Status
Active
Days on Market
78
Cumulative Days on Market
119
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 6
Interior
Heating
Baseboard
Cooling
None
Sewer
Sewer Connected
Flooring
Laminate, Carpet
Exterior Features
Wood
Construction
Year Built
Year Built: 1962
Home type
Multi Family
Roof
Composition
Foundation Details
Slab
Property Condition
Good
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Subdivision Name
Lakewood
Price History
| Date | Event | Price |
|---|---|---|
07/16/2026 Source: | Listing Removed | $2,250,000 $371/sqft |
06/04/2026 Source: | Listed for Sale | $2,250,000 $371/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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