Lakewood, WA Multifamily Properties for Sale

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11 properties

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Updated: Sep 5

Renovated Craftsman Duplex

8601 8603 Maple St SW, Lakewood, WA 98498

$599,900

2,352 sqft

Two‑unit duplex with 2 bedrooms and 1 bath in each unit
Both units are vacant following interior renovations
1922 construction with shared furnace and water heater in the basement
Functioning septic system rated for three bedrooms; sewer available in the street
Large lot with ample off‑street parking plus street parking

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Updated: Jul 31

Renovated Duplex with Individual Garages

2604 92nd Street S A/B, Lakewood, WA 98499

$580,000

2,240 sqft

2,240 SF duplex with two renovated units
Upper unit: approximately 1,284 SF, 3 bedrooms, and 1.75 bathrooms
Lower unit has 2 bedrooms, 1 bathroom, and an existing tenant
Each unit includes a one‑car garage, laundry hookups, washer and dryer
Passed Lakewood Rental House Safety Program (RHSP) inspection

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Eight-Unit Duplex Portfolio

5702 5708 79th Street W A & B, Lakewood, WA 98499

$3,180,000

8,564 sqft

Single-story rental buildings feature open living areas, upgraded kitchens, private primary baths, and dedicated parking.

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8-Unit Apartment Building

8303 John Dower Rd SW, Lakewood, WA 98499

$2,137,500

5,280 sqft

Corner-lot multifamily property with on-site parking and updated features in select apartments.

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54-Unit Apartment Building

Lakewood, WA 98499

Contact for pricing

38,988 sqft

Built in 1985, the community offers spacious apartments with largely original interiors and an identified renovation scope.

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12-Unit Duplex Apartment Property

11002 Idlewild Road SW, Lakewood, WA 98498

$2,100,000

Six duplex buildings provide a varied unit mix, on-site laundry, and several upgraded building components.

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Updated Duplex with Modern Finishes

9417 Winona St Sw, Lakewood, WA 98498

$749,000

Remodeled two-unit property with updated interiors and access to JBLM, shopping, dining, and regional transportation.

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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.

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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.

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Detached Duplex With Two Homes

8605 Maple Street SW, Lakewood, WA 98498

$479,000

Two separate residences occupy one parcel, with individual electric meters and immediate access to public transportation.

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Turnkey Lakewood Apartment Investment Opportunity

5226 Chicago Avenue SW, Lakewood, WA 98499

$4,000,000

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

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Based on your search, we've compiled 76 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

Opportunities in Nearby Cities

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

Single-Level Duplex with Covered Parking

515 Roe St, Steilacoom, WA 98388

$549,000

1,664 sqft

Two updated residences provide separate entrances, fenced outdoor areas, and covered parking.

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Triplex with Workshop

7428 S Puget Sound Ave #1-3, Tacoma, WA 98409

$720,000

1,840 sqft

Two-parcel multifamily property with resident parking, in-unit laundry, and a refreshed vacant apartment.

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Remodeled Multifamily Property Near Beach

814 5TH Street, Steilacoom, WA 98388

$1,875,000

5,312 sqft

Multifamily property featuring remodeled units, located near the beach.

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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.

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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.

APARTMENT HOUSE (5+ UNITS)

4038 Warner St, Lakewood, WA 98409-4699

Estimated value:

$175,000

1,301 sqft 0.04 AC lot

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APARTMENT HOUSE (5+ UNITS)

8502 Berkeley SW Ave, Lakewood, WA 98498-2066

Estimated value:

$310,000

2,376 sqft 0.22 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

4042 Warner St Sta, Lakewood, WA 98409-4699

Unit A

Estimated value:

$175,000

1,301 sqft 0.04 AC lot

View details

APARTMENT HOUSE (100+ UNITS)

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

Estimated value: by Request

3,120 sqft 1.90 AC lot

View details

APARTMENT HOUSE (100+ UNITS)

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

Estimated value: by Request

3,120 sqft 0.71 AC lot

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APARTMENT HOUSE (100+ UNITS)

8324th 32nd S Ave, Lakewood, WA 98499

Estimated value: by Request

3,120 sqft 1.64 AC lot

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MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$1,625,000

1,170 sqft 4.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

5109 Mcchord SW Dr, Lakewood, WA 98499-3290

Estimated value:

$410,000

3,046 sqft 0.24 AC lot

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MOBILE HOME PARK, TRAILER PARK

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

Estimated value:

$405,000

984 sqft 4.78 AC lot

View details

APARTMENT HOUSE (5+ UNITS)

12020 Edgewood SW Ave, Lakewood, WA 98498-1286

Estimated value:

$680,000

2,728 sqft 0.41 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$2,040,000

3,120 sqft 0.28 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$9,200,000

7,168 sqft 2.49 AC lot

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APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

$2,745,000

4,160 sqft 0.22 AC lot

View details

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 176,130 square feet of properties for sale, with an estimated market value of $13,825,400.

Sale prices for multifamily properties in Lakewood, WA start at $479,000, averaging $1,728,175, and reaching up to $4,000,000 — 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
98498	$982K
98499	$2.1M

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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Lakewood, WA Multifamily Properties for Sale

8601 8603 Maple St SW, Lakewood, WA 98498

2604 92nd Street S A/B, Lakewood, WA 98499

5702 5708 79th Street W A & B, Lakewood, WA 98499

8303 John Dower Rd SW, Lakewood, WA 98499

Lakewood, WA 98499

11002 Idlewild Road SW, Lakewood, WA 98498

9417 Winona St Sw, Lakewood, WA 98498

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

12710 56th Ave Ct SW, Lakewood, WA 98499

8605 Maple Street SW, Lakewood, WA 98498

5226 Chicago Avenue SW, Lakewood, WA 98499

Opportunities in Nearby Cities

515 Roe St, Steilacoom, WA 98388

7428 S Puget Sound Ave #1-3, Tacoma, WA 98409

814 5TH Street, Steilacoom, WA 98388

8201 Tacoma Way, Tacoma, WA 98499

Off-Market Properties in Lakewood, WA

4038 Warner St, Lakewood, WA 98409-4699

8502 Berkeley SW Ave, Lakewood, WA 98498-2066

4042 Warner St Sta, Lakewood, WA 98409-4699

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

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

8324th 32nd S Ave, Lakewood, WA 98499

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

5109 Mcchord SW Dr, Lakewood, WA 98499-3290

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

12020 Edgewood SW Ave, Lakewood, WA 98498-1286

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

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

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

Lakewood, WA Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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