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111th St SW, Lakewood, WA, 98498
U-Shaped 8-Plex Apartment Building

111th St SW Lakewood, WA 98498

For Sale
Contact for pricing
Pending

Turnkey 8-plex with updated interiors, private courtyard, and coin-operated laundry on a gated parcel.

Property Size4,584 SF
Lot Size0.44 Acres
Days on Market103

Property Features for 111th St SW

General Information

Standard status
Pending
Size
4,584 SF
Lot size
0.44 Acres
Property subtype
Multifamily
Listing Agency: HDN Real Estate
Listed By: Hau Nguyen · License #WA-26780
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 23 at 4:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HDN Real Estate


Investment Insights

Based on property information with market context.

This turnkey 8-plex apartment building offers 8 units in a well maintained, U-shaped, 1-story brick configuration with a private courtyard. The property includes a gated-garbage enclosure on the street side and a large playground area enclosed by a fully gated fence. Interiors are described as updated, with flooring including tile, laminate, and hardwood, and the unit mix includes 2 two-bedroom apartments and 6 one-bedroom apartments. The building also features coin-operated laundry.

The property is located in the Lakewood commercial core next to St. Clare Hospital. It is minutes from I-5 and JBLM Military Base, and near Towne Center, with surrounding businesses and residential developments.

Zoned C1, the property sits on a 19,200 square-foot parcel as stated in the public remarks. The seller notes current rents are below market, with demand for rentals described as strong in the area.

Key Highlights

  • 8‑plex income‑producing property with a 4,584 SF building on a 19,200 SF parcel
  • Unit mix: 2 two‑BR and 6 one‑BR apartments
  • Well maintained 1‑story brick building with a private courtyard and U‑shaped layout

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Acupuncture Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant (Bike/Boat/Book/etc) Store Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Turnkey 8-plex with updated interiors, private courtyard, and coin-operated laundry on a gated parcel.
Where is this apartment building located?
The property is located at 111th St SW Lakewood, WA.
What are key features of this property?
This property features: 8‑plex income‑producing property with a 4,584 SF building on a 19,200 SF parcel; Unit mix: 2 two‑BR and 6 one‑BR apartments; Well maintained 1‑story brick building with a private courtyard and U‑shaped layout
(425) 277-1500 Call to check price and availability
More about this property
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