Multi Family homes for sale & real estate in Lakewood, WA

Multi Family Home for sale in Lakewood, WA:

Enjoy steady cash flow, low maintenance, and a prime Spanaway location with this terrific investment opportunity just a short walk from Spanaway Lake and tucked away on a quiet residential street. Each unit has 1,299 sq ft with 3 bedrooms and 1.5 baths, with spacious, functional layouts. The fully fenced lot provides privacy and security, along with space for RV parking -- a sought-after amenity in this area and an added draw for tenants. A strong history of reliable, long-term tenants -- and a 5.1% cap rate that includes a conservative 3% vacancy rate -- is reflective of the property’s steady performance and appealing returns. Located near parks, schools, shopping, JBLM, and out

Multi Family Home for sale in Lakewood, WA:

Great location close to everything you need for convenient living with access to shops restaurant's, food & shopping. Quiet pocket of multiple duplexes, great investment property to add to your portfolio or an owner-occupied duplex that helps you pay for your home. Just had brand new hardy plank siding installed on both duplex's that are for sale by the same owner. These duplexes have been a solid investment for the Seller for the last 20 yrs. and time for the seller to move on to another property out of state.

Multi Family Home for sale in Lakewood, WA:

Great location close to everything you need for convenient living with access to shops restaurant's, food & shopping. Quiet pocket of multiple duplexes, great investment property to add to your portfolio or an owner-occupied duplex that helps you pay for your home. Just had brand new hardy plank siding installed on both duplex's that are for sale by the same owner. These duplexes have been a solid investment for the Seller for the last 20 yrs. and time for the seller to move on to another property out of state.

Multi Family Home for sale in Lakewood, WA:

Investor alert, 7% cap rate on a turn key, low maintenance rental, existing house, rehabbed in 2019 and 2 year old DADU, both are 2 bed 1 bath with washers and dryers, utilities are metered separately and tenants pay bill directly. Current leases signed through August and September of 2026. Potential to condo and sell separately.

Multi Family Home for sale in Lakewood, WA:

Really great investment opportunity. Six condos in three separate buildings. Each unit has been renovated with new roofs, windows, flooring, paint, fixtures, stainless appliances and more. 2 parking spaces and storage with each unit. 4 (3br) and 2 (2br) units. Well maintained common area and yard. Close to Salter Point Beach and all that Steilacoom has to offer. 6 separate parcels. All units are leased at this time.

Multi Family Home for sale in Lakewood, WA:

Handsome craftsmen duplex reflects pride of ownership with lovely curb appeal. 2 units, each on its own level with shared laundry area on the main. Attached garage gives owner the option to apply it to a specific unit or have shared storage. Driveway leads into a spacious partially fenced backyard. Upper unit enjoys a living room, 2 spacious bedrooms, charming kitchen and classic full bathroom. Main level has 2 bedrooms, front entry living room, fun kitchen with loads of natural light & a nook. Roof is newer. Great location to parks, schools, shopping & I-5. Quick access to JBLM, UWT, downtown & Sounder. Opportunity knocks! First time on market in over 30 years.