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    Lakewood, WA Residential Income Properties for Sale

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    12-Unit Duplex Apartment Property
    Updated: Sep 16
    12-Unit Duplex Apartment Property

    11002 Idlewild Road SW, Lakewood, WA 98498

    $2,100,000
    6,240 sqft
    12 rental units across 6 duplex buildings
    Unit mix includes 2‑bedroom and 1‑bedroom residences, each with 1 bath
    Combined building area of 6,240 square feet
    1.334‑acre property in Lakewood, WA
    Several units have received interior renovations
    View details
    Renovated Craftsman Duplex
    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
    View details
    Updated Duplex with Modern Finishes
    Updated Duplex with Modern Finishes

    9417 Winona St SW, Lakewood, WA 98498

    $749,000
    2,616 sqft

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

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    Renovated Duplex with Individual Garages
    Renovated Duplex with Individual Garages

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

    $580,000
    2,240 sqft

    Renovated two-unit property with one occupied unit, one vacant unit, and dedicated parking for each residence.

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    Eight-Unit Duplex Portfolio
    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
    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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    Two-Unit Duplex with Fenced Yard
    Two-Unit Duplex with Fenced Yard

    5907 to 5909 SW 111th # 07-09, Lakewood, WA 98499

    $565,000
    2,360 sqft 0.19 AC lot

    Both residences feature spacious layouts, fireplaces, and separate laundry rooms.

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    54-Unit Apartment Building
    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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    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.

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    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.

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    Detached Duplex With Two Homes
    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
    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 80 Potential Opportunities for your consideration. Besides 12 Active listings in Lakewood, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 Off-Market properties to explore as potential leads, plus 4 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.

    Single-Level Duplex with Covered Parking
    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
    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
    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
    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.

    View details

    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.

    Multifamily Land in South Tacoma
    Multifamily Land in South Tacoma

    6016 S Tyler Street, Tacoma, WA 98409

    $350,000

    2.81 acres for multifamily development in Tacoma, WA.

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    South Tacoma Multifamily Development Opportunity
    South Tacoma Multifamily Development Opportunity

    6016 South Tyler Street, Tacoma, WA 98409

    $350,000
    2.81 AC lot

    2.81 acres for multifamily development in South Tacoma.

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    Tacoma Land Parcel For Sale
    Tacoma Land Parcel For Sale

    4014 Pacific Ave, Tacoma, WA 98418

    Contact for pricing
    94,000 sqft 0.22 AC lot

    Permit-ready land parcel in Tacoma, near I-5 and amenities.

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    Cleared Lot in Hilltop Neighborhood
    Cleared Lot in Hilltop Neighborhood

    1715 S Sheridan Avenue, Tacoma, WA 98405

    $249,000

    Vacant lot in Tacoma's Hilltop neighborhood, ready for development.

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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.

    4038 Warner St
    APARTMENT HOUSE (5+ UNITS)

    4038 Warner St, Lakewood, WA 98409-4699

    Estimated value:
    $175,000
    1,301 sqft 0.04 AC lot
    View details
    8502 Berkeley SW Ave
    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
    4042 Warner St Sta, Unit A
    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
    8324th 32nd Ave S Ct
    APARTMENT HOUSE (100+ UNITS)

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

    Estimated value:
    No data
    3,120 sqft 1.90 AC lot
    View details
    8331 32nd S Ave
    APARTMENT HOUSE (100+ UNITS)

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

    Estimated value:
    No data
    3,120 sqft 0.71 AC lot
    View details
    8324th 32nd S Ave
    APARTMENT HOUSE (100+ UNITS)

    8324th 32nd S Ave, Lakewood, WA 98499

    Estimated value:
    No data
    3,120 sqft 1.64 AC lot
    View details
    2621 84th S St
    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
    View details
    5109 Mcchord SW Dr
    APARTMENT HOUSE (5+ UNITS)

    5109 Mcchord SW Dr, Lakewood, WA 98499-3290

    Estimated value:
    $410,000
    3,046 sqft 0.24 AC lot
    View details
    7110 146th SW St
    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
    12020 Edgewood SW Ave
    APARTMENT HOUSE (5+ UNITS)

    12020 Edgewood SW Ave, Lakewood, WA 98498-1286

    Estimated value:
    $680,000
    2,728 sqft 0.41 AC lot
    View details
    4119 110th SW St
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $2,040,000
    3,120 sqft 0.28 AC lot
    View details
    8212 29th Ave S Ct
    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
    View details

    Lakewood, WA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lakewood, WA, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 187,346 square feet of properties for sale, with an estimated market value of $14,390,400.

    Sale prices for residential income properties in Lakewood, WA start at $479,000, averaging $1,598,933, 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

    Multifamily properties 12
    Duplexes 6
    Apartment buildings 5

    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 $2.7M

    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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    Most Searched ZIP Codes in Lakewood, WA

    • 98499
    • 98498

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