8303 John Dower Road SW, Lakewood, WA 98499

Property Description

Exceptional investment opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets.

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 4:20PM

Listing Office:

RE/MAX Northwest : 253-472-2122

Listing Agent:

Tamara Paul : 253-472-2122

MLS ID:

2530635

Interior

• Flooring: LaminateCarpet
• A/C: None
• Heating: BaseboardWall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: Parking spaces: 10

Construction

• Roofing: Composition
• General: 55 - 5-9 UnitsSlab

Location

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

Lot

• Zoning: 5230000295
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls