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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 August 2026
Buyer's Market
Seller's Market
Seller's market
- $349,9502 beds1 bath696 sq ft9701 Hipkins Rd SW, Lakewood, WA 98498Jaden Hittle • Premier Real Estate Partners
- $565,5005 beds2 baths1,792 sq ft8711 Lawndale Ave SW, Tacoma, WA 98498Gael Whalen • Century 21 Blue Chip
- $399,9993 beds2 baths1,584 sq ft10128 100th Street Ct SW, Lakewood, WA 98498Megan Dickson • Elite Properties
- $575,0003 beds2.5 baths1,759 sq ft10023 Angle Ln SW, Lakewood, WA 98498Brent Tornquist • Windermere Prof Partners
- 3D WALKTHROUGH$520,0005 beds3.5 baths3,262 sq ft12703 Vernon Ave SW, Lakewood, WA 98498Spencer Gray • John L. Scott, Inc.
- $749,9003 beds3 baths2,636 sq ft7404 91st Avenue Ct SW, Lakewood, WA 98498Cedric Pour • Homes & Equity Real Estate Grp
- $498,7502 beds1 bath2,100 sq ft15202 Washington Ave SW, Tacoma, WA 98498Shelly McCombs • Pellego, Inc.
- $580,0004 beds1 bath1,496 sq ft8518 Mount Tacoma Dr SW, Tacoma, WA 98498Ryzen Martin • Real Broker LLC
- $599,9504 beds3 baths1,840 sq ft8712 Wildwood Ave SW, Lakewood, WA 98498Svetlana Baranchuk • Coldwell Banker Bain
- $499,9505 beds2 baths2,141 sq ft8858 81st Ave SW, Lakewood, WA 98498Isaac Schaefer • Realty One Group Turn Key
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
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. | $789,186 |
3 Beds | 2 Baths | 1802 Sq. Ft. | $597,556 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1236 Sq. Ft. | $373,566 |
2 Beds | 2 Baths | 1096 Sq. Ft. | $516,706 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 2 Baths | 1056 Sq. Ft. | $367,221 |
2 Beds | 2 Baths | 1096 Sq. Ft. | $308,408 |
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