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4902 111th Street Sw, Lakewood, WA 98499

Lakewood
Local realty services provided by:CENTURY 21 Van Dorm Realty
Listed by: hau nguyen
Office: hdn real estate
MLS#:2497467
Source:NWMLS
4902 111th Street Sw,Lakewood, WA 98499
$1,650,000
  • - Beds
  • - Baths
  • 4,584 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$359.95

About this home

Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center. In Dec. 2026, the city of Lakewood will build a brand new sidewalk both sides of 111th St SW, Improvements include: - Curb - Gutter Sidewalks with landscaped buffer - Water...

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Home facts

  • Year built:1960
  • Subdivision & Development:Lakewood
  • Listing ID #:2497467
  • Updated:October 28, 2026 at 12:34 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile Floor, Hardwood, Laminate
  • Living area:4,584 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1960
  • Building area:4,584 sq. ft.
  • Lot area:0.44 Acres
  • Construction Materials:Brick Exterior Finish
  • Exterior Features:Fenced-Fully

Schools

  • High school:Lakewood High
  • Middle school:Lakewood Mid
  • Elementary school:Lakewood Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$359.95
  • Tax amount:$9,856 (2025)

Parking

  • Total parking spaces:9
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 28, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Jeffrey Pust

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