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Lakewood, WA

Multifamily

Lakewood, WA Multifamily Properties for Sale

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Marysville, WA Arlington, WA Bothell, WA Stanwood, WA Silvana, WA Lake Stevens, WA Everett, WA Camano Island, WA

11 properties

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Four-Duplex Residential Income Property

Updated: Sep 13, 2025

Four-Duplex Residential Income Property

5702 79TH, Unit A & B, Lakewood, WA 98499

$3,180,000

8,564 sqft

Christine Estates: 4 identical, one‑story duplexes (8 units) built in 2023
Front units offer 1,065 SF (left) and 1,076 SF (right) with vaulted ceilings in main living areas
Modern kitchens with upgraded cabinets, stainless steel appliances, quartz countertops, large island eating bar, and 5‑foot pantry
Primary suite includes a private full bath; ductless heat pump heating/cooling plus cadet wall heaters in bedrooms
Each unit has a single‑car garage plus 2 uncovered onsite parking spaces, with new paved street parking, vertical curbs, and sidewalks

This listing looks promising.

Here's a quick look at some key insights for

5702 79TH, Unit A & B, Lakewood, WA 98499

View Property Analytics

Est. Cap Rate

3.3%
NOI ÷ price
Est. NOI

$104K
Annual
Price @ 7% Cap

$1.48M
Suggested

View Property Analytics

Updated Duplex with Greenbelt Setting

Updated: Jun 11

Updated Duplex with Greenbelt Setting

8701 72nd Avenue Ct SW, Lakewood, WA 98499

$615,000

2,870 sqft

Duplex with 2,870 square feet on a 0.28‑acre parcel
Two 2‑bedroom residences with separate garages
Upper unit includes an office, 1.5 baths, and private deck
Lower unit features 1 bath, oversized laundry area, and private patio
New roof, hot water heaters, and lower‑unit kitchen appliances in 2024

Four-Unit Duplex Property

Four-Unit Duplex Property

9315 Veterans Dr Sw, Lakewood, WA 98498

$559,000

0.39 AC lot

Two duplex buildings offer one-bedroom residences with recreational amenities and convenient access to JBLM, shopping, dining, and commuter routes.

42-Unit Apartment Community

42-Unit Apartment Community

10701-10702 109th Street SW, Lakewood, WA 98498

Contact for pricing

39,340 sqft 3.00 AC lot

Forty-two unit apartment community with 1-, 2-, and 3-bedroom layouts on 3+ acres.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Mixed-Use Investment Property in Lakewood

Mixed-Use Investment Property in Lakewood

10240 Bridgeport Way SW, Lakewood, WA 98499

$9,500,000

48,214 sqft

Well-maintained mixed-use property with residential and retail units.

Lakewood Multifamily Property for Sale

Lakewood Multifamily Property for Sale

12710 56th Ave Ct SW, Lakewood, WA 98499

Contact for pricing

79,366 sqft

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

Lakewood Multifamily Property for Sale

Lakewood Multifamily Property for Sale

7907 Washington Blvd SW, Lakewood, WA 98498

Contact for pricing

79,453 sqft

Multifamily property in Lakewood, WA with significant square footage.

U-Shaped 8-Plex Apartment Building

U-Shaped 8-Plex Apartment Building

111th St SW, Lakewood, WA 98498

Contact for pricing

4,584 sqft 0.44 AC lot

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

Tacoma Investment Property Opportunity

Tacoma Investment Property Opportunity

2222 96th St SW, Lakewood, WA 98444

$2,300,000

9,086 sqft

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

Triplex Multifamily Property

Triplex Multifamily Property

9212 33rd Avenue Ct S, Lakewood, WA 98499

$399,999

Each residence includes one bedroom and one bathroom in a three-unit configuration.

Turnkey Lakewood Apartment Investment Opportunity

Turnkey Lakewood Apartment Investment Opportunity

5226 Chicago Avenue SW, Lakewood, WA 98499

$4,000,000

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

Based on your search, we've compiled 78 Potential Opportunities for your consideration. Besides 11 Active listings in Lakewood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Move-In-Ready Triplex with Carports

Move-In-Ready Triplex with Carports

6909 S Madison, Tacoma, WA 98409

$665,000

2,652 sqft

One-story triplex with three 2-bed, 1.5-bath units, each with washer/dryer hookups and dedicated storage.

Four-Unit Duplex Portfolio

Four-Unit Duplex Portfolio

5208 63RD, University Place, WA 98467

$1,200,000

3,984 sqft

Two duplexes on separate parcels offer four units with in-unit laundry, garages, and wood-burning fireplaces.

Two-Duplex Multifamily Property

Two-Duplex Multifamily Property

5208 63rd Avenue Ct W, University Place, WA 98467

$1,200,000

Four residential units are arranged across two separate parcels in a semi-private dead-end road setting.

Mixed-Use Retail and Multifamily Property

Mixed-Use Retail and Multifamily Property

8201 Tacoma Way, Tacoma, WA 98499

$1,550,000

6,936 sqft

Mixed-use property featuring retail spaces and multifamily units.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Serene Lot in Ponderosa Estates

Serene Lot in Ponderosa Estates

20501 LaRita Drive E, Bonney Lake, WA 98391

$149,950

0.19 AC lot

8,250 sq. ft. lot with utilities available.

Wooded Lot with Existing Structure

Wooded Lot with Existing Structure

29445 SE 371st St, Enumclaw, WA 98022

Contact for pricing

1,344 sqft 1.00 AC lot

One-acre wooded lot with potential for renovation or new construction.

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.

4038 Warner St

APARTMENT HOUSE (5+ UNITS)

4038 Warner St, Lakewood, WA 98409-4699

$175,000

Estimated value

1,301 sqft 0.04 AC lot

8502 Berkeley SW Ave

APARTMENT HOUSE (5+ UNITS)

8502 Berkeley SW Ave, Lakewood, WA 98498-2066

$310,000

Estimated value

2,376 sqft 0.22 AC lot

4042 Warner St Sta, Unit A

APARTMENT HOUSE (5+ UNITS)

4042 Warner St Sta, Lakewood, WA 98409-4699

Unit A

$175,000

Estimated value

1,301 sqft 0.04 AC lot

8324th 32nd Ave S Ct

APARTMENT HOUSE (100+ UNITS)

8324th 32nd Ave S Ct, Lakewood, WA 98499

Value Estimation by Request

3,120 sqft 1.90 AC lot

8331 32nd S Ave

APARTMENT HOUSE (100+ UNITS)

8331 32nd S Ave, Lakewood, WA 98499-5024

Value Estimation by Request

3,120 sqft 0.71 AC lot

8324th 32nd S Ave

APARTMENT HOUSE (100+ UNITS)

8324th 32nd S Ave, Lakewood, WA 98499

Value Estimation by Request

3,120 sqft 1.64 AC lot

2621 84th S St

MOBILE HOME PARK, TRAILER PARK

2621 84th S St, Lakewood, WA 98499-9033

$1,625,000

Estimated value

1,170 sqft 4.40 AC lot

5109 Mcchord SW Dr

APARTMENT HOUSE (5+ UNITS)

5109 Mcchord SW Dr, Lakewood, WA 98499-3290

$410,000

Estimated value

3,046 sqft 0.24 AC lot

7110 146th SW St

MOBILE HOME PARK, TRAILER PARK

7110 146th SW St, Lakewood, WA 98439-1905

$405,000

Estimated value

984 sqft 4.78 AC lot

12020 Edgewood SW Ave

APARTMENT HOUSE (5+ UNITS)

12020 Edgewood SW Ave, Lakewood, WA 98498-1286

$680,000

Estimated value

2,728 sqft 0.41 AC lot

4119 110th SW St

APARTMENT HOUSE (5+ UNITS)

4119 110th SW St, Lakewood, WA 98499-4104

$2,040,000

Estimated value

3,120 sqft 0.28 AC lot

8212 29th Ave S Ct

APARTMENT HOUSE (5+ UNITS)

8212 29th Ave S Ct, Lakewood, WA 98499-8832

$9,200,000

Estimated value

7,168 sqft 2.49 AC lot

4120 109th SW St

APARTMENT HOUSE (5+ UNITS)

4120 109th SW St, Lakewood, WA 98499-4187

$2,745,000

Estimated value

4,160 sqft 0.22 AC lot

Lakewood, WA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lakewood, WA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 271,477 square feet of properties for sale, with an estimated market value of $20,553,999.

Sale prices for multifamily properties in Lakewood, WA start at $399,999, averaging $2,936,285, and reaching up to $9,500,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 95K

Population Growth (5Y) +4.7%

Median Household Income $72,989

College Educated 15.9%

High-Yield Neighborhoods for Investment

Identify Lakewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Tacoma - 98444	$2.3M
Lakewood - 98499	$5.6M

Taxes & Financing

Tax Rate (average for all types) 0.95%

Property Tax per SF $12.73 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lakewood fall within the 10,000 to 25,000 square foot range.

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