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Hot Lakewood Properties

$2,100,000
2535832 MLS ACTIVE Status
Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$1,895,000
3 Beds 3 Baths 2476626 MLS ACTIVE Status
Quietly approached by a private forested driveway over a flowing creek, an Alan Liddle–redesigned home rests on 12 ACRES of tranquility. A peaceful & inspiring setting could easily spark the imagination of an artist or writer. Towering rhododendrons soften the architecture, while sounds of nature accompany you under the covered walkway to the entrance. The natural light draws you to a generous library with built-ins & fireplace creating an intimate retreat for reading & reflection. The adjoining living room is anchored by a fireplace & a dramatic wall of floor-to-ceiling windows creating a striking backdrop for a grand piano. French doors open to a patio overlooking Chambers Creek, expansive lawn—ideal for entertaining or quiet evenings at home. The dining room flows seamlessly enjoying creek views beneath a crystal-adorned chandelier. The kitchen offers an eating bar & sunny nook with views of the rear garden & patio, blending everyday comfort and effortless living. The primary suite is a sanctuary of its own featuring a sitting area with a gas fp & access to a private balcony overlooking the landscape. 2 additional bedrooms enjoy peaceful views of nature & creek. Meandering paths thru emerald lawns, a private pond visited by ducks & a salmon-spawning stream with gentle rapids & waterfalls. The creek winds along the property, enhancing seclusion & connection as a canopy transforms into brilliant colors. An irreplaceable estate where architecture, nature & lifestyle converge.

6817 79th Street W, Lakewood

Listing courtesy of Windermere Prof Partners.

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