4902 111th Street SW, Lakewood, WA 98499

Property Description

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 4:21PM

Listing Office:

HDN Real Estate : 253-313-9300

Listing Agent:

Hau Nguyen : 253-313-9300

MLS ID:

2497467

Interior

• Flooring: Ceramic TileHardwoodLaminateCarpet
• A/C: None
• Heating: BaseboardFireplace InsertWall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: Brick
• Parking: Parking spaces: 9

Construction

• Roofing: Composition
• General: 55 - 5-9 UnitsBlockPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Lakewood
• County: Pierce

Lot

• Zoning: 5080000082

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls