This listing courtesy of Natalie Sutey , Coldwell Banker Bain
$405,000

6148 88 Street SW, Lakewood, WA 98499

  • 3 beds |
  • 2 baths |
  • 1,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $368/sqft
  • Property List Date Icon Listed 13 days ago

Property Description

Prime Lakewood opportunity offering flexibility, income potential, and long-term upside! This well-maintained 3-bedroom, 2-bath home spans approximately 1,100 sq ft and presents immediate rental, owner-occupant, or light value-add potential. Existing improvements include updated appliances, custom cabinetry, and functional living spaces, creating a comfortable and move-in-ready environment with room to personalize. Situated on a generous lot with a large storage area, the property offers excellent flexibility for outdoor use, expansion, or future development. Zoning allows for up to three units (buyer to verify), making it an ideal option for builders, investors, or buyers seeking to maximize long-term value. Unique opportunity to purchase alongside neighboring property, creating a potential multi-home or multi-unit setup. Ideal for owner-occupants exploring a “live in one, rent the other” strategy, multi-generational living, or investors looking to expand their portfolio with side-by-side assets. Located in a high-demand rental corridor near JBLM with easy access to I-5, shopping, and dining, this property is well-positioned for strong rental performance, appreciation, and future growth.

Listing Status:
Active
Data Last Updated:
April 2, 2026 at 6:19PM
Listing Office:
Coldwell Banker Bain : 425-602-4150
Listing Agent:
Natalie Sutey : 425-602-4150
MLS ID:
2492286
  • Basement: None
  • Flooring: Vinyl
  • A/C: Wall Unit(s)
  • Heating: Wall Furnace
  • Fireplace: Fireplaces: 0
  • General: Wood
  • Parking: Parking spaces: 0
  • Roofing: Composition
  • General: OnePoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Lakewood
  • County: Pierce
  • Zoning: 0220357003
  • Water: See Remarks
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Natalie Sutey , Coldwell Banker Bain

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dower Elementary School

7817 Dower Rd West, Lakewood, WA, 98499

Grades KG-5

0.59 miles away

L

Lochburn Middle School

5431 Steilacoom Blvd SW, Lakewood, WA, 98499

Grades 6-8

0.44 miles away

R

Re-Entry High School

5431 Steilacoom Blvd SW, Lakewood, WA, 98499

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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