OFF MARKET

Listed by James Fisher • Windermere Prof Partners. Bought with RSVP Brokers ERA.

Off Market Apr 2018 for $270K

$527,473

Est. refi paymentEst. refi $1,672/mo

—

•

— ba

•

1,584

sq ft

8801 Forest Rd SW, Lakewood, WA 98498

About this home

Sturdy brick triplex located in between American Lake & JBLM. Each unit has a one bedroom one bathroom layout with great income potential. Seamless access to I-5 and minutes from Harry Todd Park. The triplex is also serviced by the Pierce Transit System. Tillicum is one of the few neighborhoods in the city with public waterfront access. Tillicum has a traditional street grid system which better supports connectivity and pedestrian appeal. The Tillicum neighborhood plan is currently underway.

Multi-familyProperty Type

1958Year Built

5,000 sq ftLot Size

$333Est. Price/Sq.Ft.

6 spacesParking

Listed by James Fisher • Windermere Prof Partners

Bought with Cameron Foss • RSVP Brokers ERA

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #1253601

Redfin Estimate

$527,473

$257K since sold in April 2018$12K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.2% higher than the average sale price ($488K) of 6 comparable homes.

SOLD AUG 24, 2026
$424,000
A
3 beds1.5 baths1,329 sq ft
8316 121st St SW, Lakewood, WA 98498
SOLD AUG 5, 2026
$599,999
B
3 beds2.5 baths1,801 sq ft
8211 118th Street Ct SW, Lakewood, WA 98498
SOLD MAY 15, 2026
$599,000
C
4 beds2 baths1,652 sq ft
12320 Edgewood Ave SW, Lakewood, WA 98498
SOLD MAY 8, 2026
$315,000
D
3 beds1 bath1,419 sq ft
14417 Grant Ave SW, Lakewood, WA 98498
BOUGHT WITH REDFIN JUL 31, 2026
$455,000
E
3 beds1.5 baths1,344 sq ft
10201 SW 120th St, Lakewood, WA 98498
SOLD APR 28, 2026
$533,000
F
3 beds1.5 baths1,610 sq ft
8307 Forest Ave SW, Lakewood, WA 98498

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Earn from this home

Sell

$309,817

Est. take-home

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Refinance

Est. cash available

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Market trends in 98498, WA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.7%

0.1% MoM

Median sale price

$531K

$19K MoM

Avg. days on market

0 days MoM

Recently sold homes

106

5 MoM

New listings for sale

OPEN SAT, 11AM TO 1:30PM
$575,000
3 beds2 baths2,646 sq ft
7209 Topaz Ct SW, Lakewood, WA 98498
Ryan Pederson • COMPASS
COMING SOON
$3,150,000
3 beds3.5 baths3,892 sq ft
13001 Avenue Dubois SW, Lakewood, WA 98498
Trevor Kovich • NWC-KV LLC
$595,000
3 beds2.5 baths1,792 sq ft
11013 Lundstrom Dr SW, Lakewood, WA 98498
George Atz • Keller Williams Rty Tacoma
$510,000
3 beds1 bath1,404 sq ft
9015 Hipkins Rd SW, Lakewood, WA 98498
Dottie Hoagland • eXp Realty
$749,000
6 beds4 baths2,616 sq ft
9417 Winona St SW, Lakewood, WA 98498
Holly Bradley • eXp Realty
$489,950
3 beds2 baths1,560 sq ft
7515 97th Ave SW, Lakewood, WA 98498
Jenah Mahan • Gateway Real Estate
COMING SOON
$639,999
4 beds2.5 baths1,948 sq ft
7202 93rd Avenue Ct SW, Lakewood, WA 98498
Thomas Meas • COMPASS
$389,900
3 beds2.5 baths1,450 sq ft
8638 Onyx Dr SW Unit E, Lakewood, WA 98498
Sol Lemus • John L. Scott Dupont
$565,000
3 beds2.5 baths1,748 sq ft
10116 100th Street Ct SW, Lakewood, WA 98498
Jay Moore • RE/MAX Exclusive
$560,000
4 beds2.5 baths2,091 sq ft
8419 WASHINGTON Blvd SW, Lakewood, WA 98498
Cory Glasen • Keller Williams Realty PS
See all

Provided by Redfin

Sale history for 8801 Forest Rd SW

Date

Event

Price

Apr 21, 2018

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1253601

$270,000

$170/sq ft

Mar 30, 2018

Pending

NWMLS as Distributed by MLS Grid #1253601

—

Mar 16, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1253601

—

Mar 6, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1253601

$300,000

$189/sq ft

Nov 10, 2015

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #765230

$159,950

$101/sq ft

Oct 7, 2015

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #765230

—

Aug 4, 2015

Price Changed

NWMLS as Distributed by MLS Grid #765230

$159,950

$101/sq ft

Apr 2, 2015

Listed (Active)

NWMLS as Distributed by MLS Grid #765230

$165,000

$104/sq ft

May 5, 2004

Sold (MLS)

NWMLS as Distributed by MLS Grid #24042251

$189,950

$120/sq ft

Apr 1, 2004

Listed

NWMLS as Distributed by MLS Grid #24042251

$189,950

$120/sq ft

Oct 30, 2002

Sold

Public Records

$85,000

$54/sq ft

Dec 31, 1977

Sold

Public Records

$37,750

$24/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$4,918 (+5.0%)

$154,700 + $297,800

$452,500

2025

$4,682 (+4.5%)

$154,700 + $297,800

$452,500

2024

$4,481 (+8.7%)

$145,000 + $299,800

$444,800

2023

$4,122 (+4.3%)

$127,200 + $286,500

$413,700

2022

$3,951 (+3.5%)

$127,200 + $269,300

$396,500

2021

$3,817 (+14.6%)

$106,800 + $229,300

$336,100

2020

$3,332 (+20.5%)

$77,300 + $214,300

$291,600

2019

$2,766 (−0.5%)

$55,700 + $189,000

$244,700

2018

$2,779 (+13.8%)

$35,500 + $153,400

$188,900

2017

$2,443 (+9.0%)

$35,500 + $153,400

$188,900

2016

$2,241 (+8.6%)

$31,900 + $127,800

$159,700

2015

$2,064 (−0.3%)

$28,300 + $117,000

$145,300

2014

$2,070 (+11.3%)

$23,100 + $107,100

$130,200

2013

$1,859 (−4.5%)

$23,100 + $102,800

$125,900

2012

$1,947 (−6.7%)

$28,300 + $89,900

$118,200

2011

$2,087 (−1.1%)

$41,400 + $92,000

$133,400

2010

$2,110 (−5.5%)

$50,500 + $100,700

$151,200

2009

$2,232

$55,500 + $109,800

$165,300

Tax history for 8801 Forest Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$4,918 (+5.0%)

$154,700 + $297,800

$452,500

2025

$4,682 (+4.5%)

$154,700 + $297,800

$452,500

2024

$4,481 (+8.7%)

$145,000 + $299,800

$444,800

2023

$4,122 (+4.3%)

$127,200 + $286,500

$413,700

2022

$3,951 (+3.5%)

$127,200 + $269,300

$396,500

2021

$3,817 (+14.6%)

$106,800 + $229,300

$336,100

2020

$3,332 (+20.5%)

$77,300 + $214,300

$291,600

2019

$2,766 (−0.5%)

$55,700 + $189,000

$244,700

2018

$2,779 (+13.8%)

$35,500 + $153,400

$188,900

2017

$2,443 (+9.0%)

$35,500 + $153,400

$188,900

2016

$2,241 (+8.6%)

$31,900 + $127,800

$159,700

2015

$2,064 (−0.3%)

$28,300 + $117,000

$145,300

2014

$2,070 (+11.3%)

$23,100 + $107,100

$130,200

2013

$1,859 (−4.5%)

$23,100 + $102,800

$125,900

2012

$1,947 (−6.7%)

$28,300 + $89,900

$118,200

2011

$2,087 (−1.1%)

$41,400 + $92,000

$133,400

2010

$2,110 (−5.5%)

$50,500 + $100,700

$151,200

2009

$2,232

$55,500 + $109,800

$165,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

50 ft.

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

1983

Sq. Ft.

1,584

Year built

1958

Style

Multi-Family (2-4 Unit)

County

Pierce County

APN

0219212097

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 29, 2026.

Property details

Parking

Parking Information
Parking Uncovered Spaces: 6
Open Parking Spaces: 6
Has Open Parking

Interior

Heating & Cooling
Has Heating

Interior Features
Interior Features: Ceramic Tile, Wall to Wall Carpet
Flooring: Ceramic Tile, Vinyl, Carpet

Multi-Family Financial Information
Insurance Expense: $684
Other Expense: $353
Net Operating Income: $12,416
Gross Adjusted Income: 19152
Gross Scheduled Income: $20,160
Total Monthly Income: 1707
Gross Rent Multiplier: 15
Total Expenses: 6737

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 3
Vacancy Rate: 5
# of Units (Total): 3
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Brick

Property Information
Style Code: 53 - Tri-plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View

Land Information
Possible Use: Multi-Family

Lot Information
MLS Lot Size Source: Realist
Site Features: Cable TV
Lot Features: Corner Lot, Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 0.1148
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $2,443
Tax Year: 2017

Financial Information
Listing Terms: Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
Water Sewer Garbage: 3258

Location

School Information
High School District: Clover Park

Location Information
Directions: From I-5 North heading South take Thorne Ln SW exit turn right and follow the curve, it will turn into Portland Ave SW. The triplex is on the corner of Forest Rd SW on the Right.

Community Information
Amenities: Coin Op Laundry

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,584
Stories: 1.0
Lot Size: 5,000 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1958
Year Renovated: 1983
County: Pierce County
APN: 0219212097

Home facts updated by county records on Jun 29, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Tuesday, March 6, 2018

Green Information
Power Production Type: Electric, Natural Gas

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 1584
Building Area Total: 1584
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1971
Effective Year Built Source: Public Records
Structure Type: Triplex
Stories Total: 1

Around this home

Schools

Tillicum Elementary School

Public PreK-5 • Assigned • 0.3mi

3/10

Woodbrook Middle School

Public 6-8 • Assigned • 2.1mi

4/10

Clover Park High School

Public 9-12 • Assigned • 3.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

7 unhealthy days expected this year, 8 days in 30 years

Provided by First Street

Historical weather

Lakewood, WA • 98498

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.9 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

8.9 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$502,000 – $607,000

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Home values near 8801 Forest Rd SW

Data from public records.

Address	Redfin Estimate
8811 Forest Rd SW, Lakewood, WA 2 Beds \| 2 Baths \| 1850 Sq. Ft.	$609,810
8805 Forest Rd SW, Tacoma, WA 2 Beds \| 1 Baths \| 1104 Sq. Ft.	$375,556

Address	Redfin Estimate
8812 Forest Rd SW, Lakewood, WA 2 Beds \| 1 Baths \| 924 Sq. Ft.	$385,725
8804 Forest Rd SW, Lakewood, WA - Beds \| - Baths \| 1436 Sq. Ft.	$438,759

Address	Redfin Estimate
8809 Forest Rd SW, Lakewood, WA - Beds \| - Baths \| 944 Sq. Ft.	$391,064
8810 Forest Rd SW, Lakewood, WA 3 Beds \| 1 Baths \| 804 Sq. Ft.	$361,910

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2018. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98498, WA

Sale history for 8801 Forest Rd SW

Tax history for 8801 Forest Rd SW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98498

Home values near 8801 Forest Rd SW

More real estate resources