Building Details

Year Built 1985

Listing Agency: Kidder Mathews - Tacoma t***@kidder.com Show Phone

Listed By: Ted Sipila · License #24761 Show Phone

Source: Kidder

Added: Apr 14 Changed: Jul 10 Last Checked: Jul 30 at 6:05AM

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Investment Insights

Based on property information with market context.

This multifamily property is located in Lakewood, Washington. The property encompasses a total area of 79,366 square feet. It is classified as a residential income property and other multifamily property.

Key Highlights

• Multifamily property in a desirable Lakewood, WA location.
• Totaling 79,366 square feet.
• Built in 1985.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm HVAC Service Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

300

Businesses Nearby

Explore this area Business Placement

Demographics for 98499, WA

33,188

Population

14,683

Households

2.3

Avg Household Size

35

Median Age

19%

College-Educated

85%

High-School Grad

8.8 sq mi

ZIP Area

3,771

Density / Sq Mi

$65,000

Median Household Income

$41,345

Median Earnings

$1,445

Median Rent

$370,000

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property in Lakewood, WA, totaling 79,366 square feet.

Where is this multifamily property located?

The property is located at 12710 56th Ave Ct SW Lakewood, WA.

What are key features of this property?

This property features: Multifamily property in a desirable Lakewood, WA location.; Totaling 79,366 square feet.; Built in 1985.