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8327 Phillips Rd SW, Lakewood, WA 98498
About this home
Great Opportunity for investor on this 11 unit condo complex known as Creekwood Villa. This project consists of 11 units. There are 5 duplex units and 1 stand along single family home, all part of the complex. Please see attached docs for more info regarding the units. Al are presently rented, so please do not disturb the tenants at this time. No sign or keybox on.

Redfin Estimate
Market trends in 98498, WA
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- OPEN TODAY, 1PM TO 4PM$510,0003 beds2 baths1,650 sq ft10336 99th St SW, Tacoma, WA 98498Paul Rautio • John L. Scott Woodinville
- $449,9504 beds2 baths1,350 sq ft8507 Moreland Ave SW, Lakewood, WA 98498Moose Math • John L. Scott, Inc
- $2,350,0004 beds4.5 baths4,990 sq ft17 Forest Glen Ln SW, Lakewood, WA 98498Jamie Michaud • Windermere Prof Partners
- OPEN TODAY, 12PM TO 3PM$735,0004 beds3 baths2,206 sq ft10210 Lake Louise Dr SW, Tacoma, WA 98498Shane Klinkhammer • RE/MAX Northwest
- $415,0002 beds1 bath1,082 sq ft15522 Grant Ave SW, Lakewood, WA 98498Carolyn Mowatt • Northwest Home Sales
- OPEN TODAY, 12PM TO 3PM$375,0003 beds2.5 baths1,450 sq ft8636 Onyx Dr SW Unit E, Lakewood, WA 98498Ken Breda • Wilson Realty Exchange, Inc.
- $510,0003 beds2 baths1,748 sq ft11108 80th Avenue Ct SW, Lakewood, WA 98498Francie Zanuzoski • John L. Scott R.E.Tacoma North
- VIDEO TOUR$410,0002 beds2.5 baths1,444 sq ft9220 77th St SW Unit C, Lakewood, WA 98498Leon Harper • Triwood Realty
See all
Provided by Redfin
Sale history for 8327 Phillips Rd SW
Tax history for 8327 Phillips Rd SW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Interior Features
- Interior Features: Forced Air, Wall to Wall Carpet
- Flooring: Carpet
Exterior
- Building Information
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Property Information
- Style Code: 56 - 10+ Units
- Property Type: Residential Income
- Property Sub Type: Multi Family
- Lot Information
- MLS Lot Size Source: Realist
- Lot Size Units: Square Feet
- Lot Size Acres: 0.1148
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $19,986
- Tax Year: 2014
- Financial Information
- Listing Terms: Cash Out, Conventional
- Buyer Financing: Cash
Utilities
- Utility Information
- Water Source: Public
- Sewer: Sewer Connected
- Utilities: Sewer Connected, Electric
- Water Sewer Garbage: 7619
Location
- Multi-Family Financial Information
- Electric Expense: $1,060
- Insurance Expense: $4,978
- Other Expense: $41,997
- Net Operating Income: $71,020
- Gross Adjusted Income: 130701
- Gross Scheduled Income: $131,043
- Total Monthly Income: 11465
- Gross Rent Multiplier: 0
- Total Expenses: 64400
- Multi-Unit Information
- Units Below Grade: false
- Units In Building Total: 10
- Vacancy Rate: 5
- # of Units (Total): 11
- Furnished: Unfurnished
- School Information
- Elementary School: Buyer To Verify
- Middle Or Junior High School: Buyer To Verify
- High School: Buyer To Verify
- High School District: Clover Park
- Location Information
- Directions: Go to Bridgeport West on Steilacoom Blvd SW North on Phillips. Look for Creekwood Villa sign on the right.
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,096
- Stories: 2.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: 1972
- Year Renovated: 1990
- County: Pierce County
- APN: 9001340010
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Wednesday, July 9, 2014
- Green Information
- Power Production Type: Electric
- Home Information
- Living Area Units: Square Feet
- Calculated Square Footage: 0
- Building Area Total: 0
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1978
- Effective Year Built Source: Public Records
- Structure Type: Multi Family
- Stories Total: 2
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 0.2mi
Public 6-8 • Assigned • 0.3mi
Public 6-12 • Assigned • 1.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
11 unhealthy days expected this year, 12 days in 30 years
Sun exposure
In this area, properties receive around 8.8 hours in June and 1.7 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98498
Home values near 8327 Phillips Rd SW
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 3000 Sq. Ft. | $751,114 |
3 Beds | 2 Baths | 1802 Sq. Ft. | $593,776 |
2 Beds | 2 Baths | 1096 Sq. Ft. | — |
2 Beds | 2 Baths | 1096 Sq. Ft. | $326,942 |
3 Beds | 2 Baths | 1056 Sq. Ft. | — |
3 Beds | 2.5 Baths | 1984 Sq. Ft. | $474,804 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1236 Sq. Ft. | $398,148 |
2 Beds | 2 Baths | 1096 Sq. Ft. | — |
3 Beds | 2 Baths | 1394 Sq. Ft. | $380,339 |
2 Beds | 2 Baths | 1096 Sq. Ft. | — |
3 Beds | 2.5 Baths | 1984 Sq. Ft. | $366,799 |
3 Beds | 2.5 Baths | 1984 Sq. Ft. | $405,785 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1056 Sq. Ft. | $315,907 |
2 Beds | 2 Baths | 1096 Sq. Ft. | $326,297 |
3 Beds | 2 Baths | 1394 Sq. Ft. | $393,366 |
- Beds | - Baths | 13428 Sq. Ft. | — |
2 Beds | 3 Baths | 1984 Sq. Ft. | $429,029 |
2 Beds | 3 Baths | 1984 Sq. Ft. | $415,647 |
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