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    Lakewood, WA Apartment Buildings for Sale

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    Turnkey Lakewood Apartment Investment Opportunity
    $4,000,000

    Turnkey Lakewood Apartment Investment Opportunity

    5226 Chicago Ave SW, Lakewood, WA 98499

    29-unit apartment community in Lakewood's Springbrook neighborhood.

    • Turnkey investment opportunity with a strong in‑place Cap Rate of 6.65%.
    • Units have been expertly upgraded with new countertops, flooring, cabinets, water heaters, and appliances.
    • Priced at $137,931 per unit, competitively priced below similarly renovated sale comparables.
    • Compelling year‑one cash flow.
    • Opportunity to maximize returns by bringing all units up to market rents.
    Updated: Jun 17, 2025
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    Tacoma Investment Property Opportunity
    $2,300,000
    9,086 SF

    Tacoma Investment Property Opportunity

    2222 96Th St SW, Lakewood, WA 98444

    3.4-acre site with income and development potential in Tacoma.

    • 3.4‑acre site in Tacoma's expanding south end offers long‑term development potential.
    • Generates approximately $259,000 in gross annual income.
    • In‑place cash flow provides immediate income.
    • Flexible zoning allows for strategic redevelopment.
    • Average rent of $2.01 per square foot (RSF) is competitive for the location and condition.
    Updated: Jun 6, 2025
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    Based on your search, we've compiled 275 Potential Opportunities for your consideration. Besides 2 Active listings in Lakewood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 269 Off-Market properties to explore as potential leads

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Residence with 40 Units
    $3,900,000
    26 SF

    Multifamily Residence with 40 Units

    Multifamily residence featuring 40 units, ideal for residential income.

    1756 106Th Street Ct South | Tacoma, Tacoma, WA 98444
    View details
    Parkland Apartments Near Downtown Tacoma
    $2,250,000

    Parkland Apartments Near Downtown Tacoma

    Apartment community with updated units near Downtown Tacoma and university.

    1420 112Th St S, Tacoma, WA 98444
    View details
    Mixed-Use Property in Central Puyallup
    $1,350,000

    Mixed-Use Property in Central Puyallup

    Leased mixed-use property in Puyallup's Central Business District.

    206 Meridian St, Puyallup, WA 98371
    View details
    Puyallup Townhome Development Opportunity
    Contact for pricing

    Puyallup Townhome Development Opportunity

    12 townhomes in prime location near freeways, shopping, and dining.

    113 27Th Avenue Ct, Puyallup, WA 98374
    View details

    Explore Off-Market Properties in Lakewood, WA

    Consider similar Off-Market properties in Lakewood, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3718 Steilacoom SW Blvd

    3718 Steilacoom SW Blvd

    APARTMENT HOUSE (5+ UNITS) • 1,550 SF
    Value Estimation by Request
    3718 Steilacoom SW Blvd, Lakewood, WA 98499-4581
    View details
    6925th 150th SW St

    6925th 150th SW St

    APARTMENT HOUSE (5+ UNITS) • 2,080 SF
    Value Estimation
    $505,000
    6925th 150th SW St, Lakewood, WA 98439
    View details
    12829 Bridgeport SW Way

    12829 Bridgeport SW Way

    APARTMENT HOUSE (5+ UNITS) • 5,600 SF
    Value Estimation
    $1,070,000
    12829 Bridgeport SW Way, Lakewood, WA 98499-5720
    View details
    5226 Chicago SW Ave

    5226 Chicago SW Ave

    APARTMENT HOUSE (5+ UNITS) • 13,308 SF
    Value Estimation
    $2,835,000
    5226 Chicago SW Ave, Lakewood, WA 98499-3314
    View details
    12809 Lincoln SW Ave

    12809 Lincoln SW Ave

    APARTMENT HOUSE (5+ UNITS) • 8,528 SF
    Value Estimation
    $3,110,000
    12809 Lincoln SW Ave, Lakewood, WA 98499-3287
    View details
    5607 76th W St

    5607 76th W St

    APARTMENT HOUSE (5+ UNITS) • 2,848 SF
    Value Estimation
    $910,000
    5607 76th W St, Lakewood, WA 98499-8439
    View details
    14402 Washington SW Ave

    14402 Washington SW Ave

    APARTMENT HOUSE (5+ UNITS) • 2,677 SF
    Value Estimation by Request
    14402 Washington SW Ave, Lakewood, WA 98498-2260
    View details
    5124 Seattle SW Ave

    5124 Seattle SW Ave

    APARTMENT HOUSE (5+ UNITS) • 2,976 SF
    Value Estimation
    $550,000
    5124 Seattle SW Ave, Lakewood, WA 98499-5703
    View details
    10214 Lakeview SW Ave

    10214 Lakeview SW Ave

    APARTMENT HOUSE (5+ UNITS) • 12,760 SF
    Value Estimation
    $1,820,000
    10214 Lakeview SW Ave, Lakewood, WA 98499-4257
    View details
    5510th Chicago SW Ave

    5510th Chicago SW Ave

    APARTMENT HOUSE (5+ UNITS) • 6,425 SF
    Value Estimation
    $895,000
    5510th Chicago SW Ave, Lakewood, WA 98499
    View details
    15714 50th St E Ct

    15714 50th St E Ct

    APARTMENT HOUSE (5+ UNITS) • 2,720 SF
    Value Estimation by Request
    15714 50th St E Ct, Lakewood, WA 98498
    View details
    4901 115th St SW Ct

    4901 115th St SW Ct

    APARTMENT HOUSE (5+ UNITS) • 11,072 SF
    Value Estimation
    $1,305,000
    4901 115th St SW Ct, Lakewood, WA 98499-5108
    View details
    8222nd Orch SW St

    8222nd Orch SW St

    APARTMENT HOUSE (5+ UNITS) • 624 SF
    Value Estimation by Request
    8222nd Orch SW St, Lakewood, WA 98498
    View details
    12721 47th SW Ave

    12721 47th SW Ave

    APARTMENT HOUSE (5+ UNITS) • 5,096 SF
    Value Estimation
    $1,675,000
    12721 47th SW Ave, Lakewood, WA 98499-3405
    View details
    4034 Warner St, Unit B

    4034 Warner St, Unit B

    APARTMENT HOUSE (5+ UNITS) • 1,301 SF
    Value Estimation by Request
    4034 Warner St, Lakewood, WA 98409-4699
    View details
    5104 128th St SW Ct, Unit 5122

    5104 128th St SW Ct, Unit 5122

    APARTMENT HOUSE (5+ UNITS) • 3,150 SF
    Value Estimation
    $575,000
    5104 128th St SW Ct, Lakewood, WA 98499-3392
    View details
    4044 Warner St Sta, Unit A

    4044 Warner St Sta, Unit A

    APARTMENT HOUSE (5+ UNITS) • 1,301 SF
    Value Estimation by Request
    4044 Warner St Sta, Lakewood, WA 98409-4699
    View details
    12502 Addison SW St

    12502 Addison SW St

    APARTMENT HOUSE (5+ UNITS) • 12,216 SF
    Value Estimation
    $2,745,000
    12502 Addison SW St, Lakewood, WA 98499-3627
    View details
    8311 Pne S St

    8311 Pne S St

    APARTMENT HOUSE (5+ UNITS) • 540 SF
    Value Estimation by Request
    8311 Pne S St, Lakewood, WA 98499-8408
    View details
    15714 50th St E Ct

    15714 50th St E Ct

    APARTMENT HOUSE (5+ UNITS) • 2,712 SF
    Value Estimation by Request
    15714 50th St E Ct, Lakewood, WA 98498
    View details
    8908 Washington SW Blvd, Unit 8914

    8908 Washington SW Blvd, Unit 8914

    APARTMENT HOUSE (5+ UNITS) • 3,362 SF
    Value Estimation
    $830,000
    8908 Washington SW Blvd, Lakewood, WA 98498-2637
    View details
    10915 Freiday SW St

    10915 Freiday SW St

    APARTMENT HOUSE (5+ UNITS) • 5,760 SF
    Value Estimation
    $975,000
    10915 Freiday SW St, Lakewood, WA 98499-3771
    View details

    Lakewood, WA Apartment Buildings Investment Opportunities Market Analysis

    Explore 271 apartment buildings for sale in Lakewood, WA on our real estate platform. These investment opportunities span a total of 3,529,569 square feet of properties for sale, with an estimated market value of $158,225,000.

    Sale prices for two-family homes in Lakewood, WA start at $175,000, averaging $1,598,232, and reaching up to $9,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Most Searched ZIP Codes in Lakewood, WA

    • 98444
    • 98499
    • 98498
    • 98409
    • 98439
    • 98438
    • 98496

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