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$650,000
6 Beds ⋅ 3 Baths ⋅ 2563543 MLS ⋅ ACTIVE Status
Unlock the potential of this rare Oakbrook Golf Course opportunity! Situated on the putting green of the 3rd fairway, this nearly 4,000 sq. ft. home offers exceptional space, a highly sought-after location, and endless possibilities for renovation and value appreciation. The main level features a spacious primary suite with a full bath, two additional oversized bedrooms, and another full bathroom. Upstairs you'll find three oversized bedrooms, a full bath, and an enormous rafter storage area with full-size access. Additional highlights include an attached 2-car garage and ample off-street parking for up to eight vehicles. This home is ready for updating and rehabilitation and has been priced accordingly, presenting an outstanding opportunity for investors, builders, or buyers looking to create their dream home and build sweat equity. Surrounded by beautifully renovated homes in an established golf course community, the possibilities are truly exceptional. The adjacent building lot (MLS# 2563546) located directly behind the home on the same fairway is also available, creating a unique opportunity for future expansion or development.

7919 Onyx Court SW, Lakewood

Listing courtesy of Better Properties Summit.

$650,000
4 Beds ⋅ 3 Baths ⋅ 2545965 MLS ⋅ ACTIVE Status
Welcome home to this move-in-ready, beautifully updated four bedroom residence elevated off the road at the end of a private cul-de-sac. The open concept design connects a bright kitchen complete with quality cabinetry, modern appliances, an island, and expansive counter space directly to a living room featuring a stunning stone fireplace and hearth. Designed for space and flexibility, the layout includes two primary suites positioned at opposite ends of the home, each featuring a designer en-suite bathroom. The property features comprehensive structural and cosmetic updates completed in 2024, including a newer roof, updated plumbing, updated electrical wiring to modern fixtures, fresh interior paint, flooring, doors, and trim. LED recessed lighting throughout beautifully enhances the home's abundant natural light. Sliding glass doors lead out to a patio and a large, private backyard, offering an ideal layout for outdoor relaxation. Perfectly situated close to schools, local shopping, and Fort Steilacoom Park and dog park, this turn-key property seamlessly combines extensive updates with a highly desirable, quiet location. Schedule your tour today to see this fully transformed home in person!

10511 Cedrona Street SW, Lakewood

Listing courtesy of Redfin.

$650,000
3 Beds ⋅ 1 Baths ⋅ 2544902 MLS ⋅ ACTIVE Status
Endless Possibilities on Nearly 1 Acre! Built in 1953 and thoughtfully updated, this home offers a fantastic floor plan with room to live, grow, and create. Featuring 3 spacious bedrooms, a beautifully updated bathroom, an inviting eat-in kitchen, and a bright living room with a large picture window that fills the space with natural light.The main level also offers additional flexible living space that can be customized to fit your lifestyle. Downstairs, you'll find a huge bonus area perfect for a family room, recreation room, home theater, gym, hobby space, or all of the above, the possibilities are truly endless.Outside, classic curb appeal welcomes you home, while the nearly 1 acre flat parcel offers incredible future potential. Buyer to verify with the county, but preliminary possibilities may include subdividing into up to 3 tax lots or developing 2 duplexes plus 2 ADUs. Additional features include a single car attached garage, carport, and abundant parking space. Major updates completed in 2026 include a new roof, gutters, interior paint, and carpet and some light fixtures, making this property move-in ready while offering exciting future opportunities. Space, flexibility, and development potential all in one exceptional property!

8709 116th Street SW, Lakewood

Listing courtesy of Coldwell Banker Danforth.

$650,000
3 Beds ⋅ 2 Baths ⋅ 2509480 MLS ⋅ ACTIVE Status
This is a one owner home and shows pride of ownership. If you are looking to downsize this home is it. Move in ready for you. Recent improvements include new electrical panel and outside meter. New gutters with screens. Fireplace inspected and cleaned with cap and flashing. New lights fixtures. Updated sewer line installed in 2021. Original hardwood floors that are beautiful, carpeting in family room professionally cleaned. New gas water heater. Inground sprinkler front and back. This spacious lot offers many possibilities to include room for future expansion. Many fruit trees and mature landscaping. Minutes to JBLM, close to Lakewood Town Center, I-5 and shopping. Clean and move in ready, This home is ready to be called yours!!!

5304 108th Street SW, Lakewood

Listing courtesy of Better Properties Kitsap.

$650,000
4 Beds ⋅ 4 Baths ⋅ 2495592 MLS ⋅ ACTIVE Status
***PRICE IMPROVMENT*** Truly one-of-a-kind, this exceptional home is thoughtfully designed for comfort, style, and versatility. A rare drive-thru driveway, 3-car garage, and dedicated RV/boat carport create a grand and convenient arrival, with ample parking for all your vehicles, toys, or work needs—ideal for multi-generational living, a mechanic, or a truck driver. Garage has three storage areas, hot and cold water and EV charging station. Step into the welcoming foyer that opens to a spacious living room and a brand-new gourmet chef’s kitchen featuring premium finishes, quartz countertops, an expansive island, and a generous eat-in dining area. Just off the kitchen, you’ll find a newly renovated bathroom for added convenience. The flexible floor plan offers two primary suites, each with private baths, perfect for extended living arrangements. A bonus room and an indoor hot tub retreat provide additional space for entertaining and relaxation. Above the garage, discover private guest quarters complete with two bedrooms, a great room, and a micro kitchen—ideal for multi-generational living, rental income, or hosting guests. Modern comforts like A/C and a sprinkler system. The private backyard is perfect for summer BBQs and outdoor entertaining. Located just three blocks from the lake and boat ramp, this home offers the perfect blend of lifestyle, functionality, and opportunity. All appliances stay. Roof replaced in 2018.

6902 Mount Tacoma Drive SW, Lakewood

Listing courtesy of Berkshire Hathaway HS NW.

$650,000
4 Beds ⋅ 4 Baths ⋅ 2427903 MLS ⋅ ACTIVE Status
***PRICE IMPROVEMENT*** Truly one-of-a-kind designed for comfort, style & versatility. A drive-thru driveway with 3-car garage, RV/boat carport offers a grand welcome with convenience. Ideal home for multi-generational living, mechanic or truck driver. Ample parking with room for all your toys. Foyer opens to a spacious living room & a brand-new gourmet chef’s kitchen with premium finishes, quartz counters, huge island & large eat-in space. Off kitchen is a newly renovated bathroom. 2 primary suites with private baths create a flexible floor plan, while a bonus room & indoor hot tub retreat add space for entertaining & relaxation. Above the garage, private guest quarters with 2 bedrooms, great room & micro kitchen provide endless possibilities, multi-generational living, rental income, or guest space. Fresh interior & exterior paint. A/C, sprinkler system. Private backyard perfect for summer BBQ’s & entertaining. Three blocks from lake & boat ramp. Roof replaced in 2018.

6902 Mount Tacoma Drive SW, Lakewood

Listing courtesy of Berkshire Hathaway HS NW.

$649,000
3 Beds ⋅ 3 Baths ⋅ 2513032 MLS ⋅ ACTIVE Status
A rare blend of classic Tudor character and thoughtful modern comfort, this impeccably maintained home sits on a private dead-end street surrounded by mature, manicured landscaping. The main level impresses with bamboo hardwood floors, a skylit entry, and a great room centered around a gas fireplace. Bay windows connect the sunken living and dining areas, while the granite-appointed eat-in kitchen frames a stunning view of the backyard — complete with a covered patio, raised garden beds, and established fig and pear trees. A spacious bonus room with sliding door access to the yard offers flexible space for a fourth bedroom, home office, or den. Upstairs, three generous bedrooms include a primary suite with a sweeping bay window, walk-in closet, and a spa-inspired ¾ bath with heated floors and a granite shower. New carpet throughout the upper level adds a fresh, move-in ready feel. A detached workshop shed with workbenches, two-car garage, and an oversized driveway complete this exceptional offering. Ask about the assumable loan at 2.25%!

6423 76th Street Ct W, Lakewood

Listing courtesy of Redfin.

$639,000
4 Beds ⋅ 3 Baths ⋅ 2536239 MLS ⋅ ACTIVE Status
Seller offering a 5k seller credit towards buyers closing costs or buydown. From the moment you arrive, you’ll appreciate the pride of ownership and welcoming curb appeal. The freshly painted exterior and brand-new roof provide peace of mind, while the mature landscaping and raised garden beds create a beautiful outdoor setting for relaxing, gardening, or gathering with friends. Inside, generous living spaces offer flexibility for today’s lifestyle. Large windows fill the home with natural light, creating bright and inviting rooms throughout. Thoughtfully defined spaces provide both comfort and functionality, making it easy to entertain guests while maintaining private areas for everyday living.The kitchen features timeless oak cabinetry and ample storage, creating a warm and inviting space for meal preparation and gatherings. The finished basement adds incredible versatility , whether you envision a fitness area, media room, or guest retreat. Home includes a home theatre in basement, pull down the screen and enjoy a movie. Step outside and enjoy beautifully maintained grounds designed for both relaxation and entertainment. Raised garden beds offer opportunity for gardening.Enclosed coop for animals, ducks, chickens. This home is move in ready!

8130 69th Avenue SW, Lakewood

Listing courtesy of RE/MAX Honors.

$635,000
2534085 MLS ⋅ ACTIVE Status
Rare opportunity to own a well-maintained duplex tucked against a peaceful greenbelt/wildlife corridor, offering a unique blend of privacy, nature, & income potential. Backing to a year-round creek and protected natural surroundings, this property provides a serene setting where deer and local wildlife are frequent visitors. ** The upper residence offers a spacious and thoughtfully updated layout with 2 bedrooms, an office, decorative fireplace, in unit laundry room w/W/D hookup + 1.5 baths w/private deck. Upgrades include granite countertops, newer cabinetry, laminate flooring, beautiful porcelain tile, vinyl windows and hot water heater (2024). ** The lower residence includes 2 bedrooms and 1 bath with fireplace, extra large in unit laundry w/W/D hookup, private patio, plus new hot water tank and new kitchen appliances (2024). Each unit has its own garage and access to the tranquil natural setting beyond. ** Whether you're an investor seeking a turnkey income property or an owner-occupant looking to offset your mortgage with rental income, this duplex offers flexibility + long-term value. Live in one unit while generating income from the other, or add a solid performer to your investment portfolio. New interior / exterior paint, 2024 new roof. ** Ideally located near Lake Steilacoom, shopping, dining, parks, and Lakewood Towne Center. A rare combination of nature, functionality, and investment opportunity in a well kept neighborhood. Must see this beautiful, turnkey duplex!

8701 72nd Avenue Ct SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$625,000
3 Beds ⋅ 3 Baths ⋅ 2543852 MLS ⋅ ACTIVE Status
This spacious duplex-style condo in Chambers Creek View Estates offers comfortable main-floor living with a primary bedroom suite featuring a 5-piece bath and walk-in closet. The home includes a formal living room, a generously sized kitchen with abundant counter and cupboard space, and a cozy family room with a gas fireplace. A main-floor utility room adds convenience.Upstairs, you’ll find two additional bedrooms, bath and a small loft area—perfect for an office, reading nook, or hobby space. Step outside to a large private deck, ideal for relaxing or entertaining. As an end unit, this home provides exceptional privacy and a peaceful setting. Lives like a spacious, private home but the convenience of a condominium. Also close to shopping, dining and Oakbrook Golf course.

7411 71st Avenue Ct SW, Lakewood

Listing courtesy of John L. Scott Dupont.

$625,000
2532737 MLS ⋅ ACTIVE Status
A rare opportunity – the last of a few undeveloped waterfront properties on Gravelly Lake. Even rarer still, a south-facing waterfront custom homesite in the coveted Madera Gardens gated neighborhood. Picture your dream home, sitting proudly at elevation looking out over the pristine waters of Gravelly Lake. Offering 103’ of low-bank lakefront and a generous 18,916 square foot lot, create terraced gardens from the elevated home site meandering down to the shoreline. Create a stunning outdoor entertainment area with nearly all-day sun thanks to the southerly perspective. Gravelly Lake is the ideal private water enthusiast’s paradise with limited boat traffic with lake access limited to residents. Enjoy sailing, fishing, kayaking, and watersports. Start your day by waking to the natural, soothing movements of the water & behold an osprey catching a fish. Unwind at the end of the day, admiring the sunset. Tacoma Country & Golf Club is just around the corner for social and golf membership. Enjoy the private formal gardens of the early 1900's Gravelly Lake Estate of Madera.

11623 Madera Gardens Drive SW, Lakewood

Listing courtesy of COMPASS.

$625,000
2435871 MLS ⋅ ACTIVE Status
Commercial lot on Pacific HWY next to Sound Transit. Zoning permits commercial, business/retail (barber shop, insurance, beauty salon, restaurant, office space) as well as multifamily development up to 28 units per City of Lakewood. Design review pending for 18 units. Utilities (water, sewer) on property from previously demolished auto shop, electricity in street. Both parcels have been combined - correct parcel number is 0219126025

11618 Pacific Highway SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$620,000
2489355 MLS ⋅ ACTIVE Status
This recently updated duplex presents a strong opportunity for steady cash flow. Both 2 bed / 1 bath units feature modernized kitchens with newer appliances, quality fixtures, and quartz or granite countertops. Interiors include updated bathrooms, new flooring, and fresh paint throughout. The property sits on a large lot with fully fenced backyards, separated by a fence between the units for added privacy. It has been pre-inspected and is fully occupied with reliable tenants. Current rents are approximately 20% below market value, offering room for future increases. A detached two-car garage may provide additional rental income or potential conversion to another unit (buyer to verify),6 more parking spots in driveway. Conveniently located near the lake and many local amenities. Please do not disturb tenants.

6801 -6803 Steilacoom Boulevard SW, Lakewood

Listing courtesy of AQUA Real Estate.

$619,950
4 Beds ⋅ 3 Baths ⋅ 2539316 MLS ⋅ ACTIVE Status
Welcome to this invitingly freshly remodeled 4-bedroom home nestled on over a quarter-acre lot. Two generous living areas with updated finishes help make this a warm and welcoming floor plan. The stunning brand new kitchen offers new appliances, ample storage, and gorgeous quartz countertops with backsplash. Luxury vinyl plank floors throughout add a touch of elegance while providing easy maintenance. Three tastefully designed bathrooms with tile finishes. Interior and exterior fresh paint. Spacious fully fenced back yard with plenty of room to garden, play, entertain, or simply enjoy a quiet evening on the patio. Driveway features plenty of parking space with ample space to accommodate your boat, RV, and extra vehicles. Side driveway with the gate to the backyard. Located minutes away from I-5, JBLM, area lakes, and other local conveniences.

8712 Wildwood Avenue SW, Lakewood

Listing courtesy of Coldwell Banker Bain.

$615,000
3 Beds ⋅ 3 Baths ⋅ 2543201 MLS ⋅ ACTIVE Status
Gated community in the heart of Lakewood. Duplex style condo features living area w/vaulted ceiling & gas fireplace. Bright eat-in kitchen has been completely remodeled with new stainless steel appliances, cabinets & plenty of counter space. New flooring, carpet, furnace, and AC. Office w/French doors, could be 4th bdrm. Primary bedroom features walk-in closet, primary bath has new double shower, sinks and cabinets. All new fixtures include gas fireplace, toilets and water heater. Fully finished basement has a huge bonus room, bedroom with extra storage cabinets, 3/4 bath & additional finished room for hobbies. 2 car garage with additional storage . HOA dues cover lawn care, sprinkler, road & gate maintenance, roof & exterior paint. Corner lot has a large back yard with added privacy, and covered patio. An assortment of fruit trees are planted in the yard, apples, pear apples and fig. Close to shopping, freeways & JBLM.

8 Lakewood Oaks Drive SW, Lakewood

Listing courtesy of Windermere Prof Partners.

$609,950
3 Beds ⋅ 3 Baths ⋅ 2529002 MLS ⋅ CONTINGENT Status
Welcome to Oakbrook's desirable Seven Oaks addition! Charming single story home in quiet, peaceful neighborhood on dead end street with nicely landscaped front yard and cozy porch. Large light filled open kitchen has breakfast bar, stainless appliances, plenty of counter space for meal prep, gas range with down vent and skylight. Step into the Family room with gas fireplace, built-ins and slider to your covered composite deck for hosting those great BBQ's. Private, level and fully fenced backyard with sprinkler system, still room for your own landscaping/garden ideas. Spacious and bright dining room flows into living room with continuous wood flooring throughout, skylights, vaulted ceilings, custom blinds and lots of windows. Primary bedroom with ensuite, walk in shower, walk-in closet and floor to ceiling windows. Two large guest rooms. Heat pump, serviced regularly, with filtration system, A/C and roof done in 2018 make this a comfortable place to call home. Close to schools, coffee shops, stores, Fort Steilacoom Park is walking distance and has the farmers markets, music in the park, huge dog park, hiking and biking trails. Golf, frisbee park, JBLM also nearby.

9317 76th Street Ct SW, Lakewood

Listing courtesy of PNW Towns and Sound.

$599,950
4 Beds ⋅ 2 Baths ⋅ 2557504 MLS ⋅ ACTIVE Status
Welcome to this spacious and charming 1.5-story Lakewood home, offering a functional 4-bedroom, 2-bathroom layout spanning over 1800 square feet of comfortable living space. Nestled in the highly desirable Lake City community, this property boasts an updated kitchen and bathrooms, beautiful hardwood flooring, and a massive bonus room perfect for entertaining. Outdoor enthusiasts will love the proximity to American Lake and American Lake Park, which are located less than a mile away for endless weekend recreation. Everyday convenience is at your doorstep with quick access to the Lakewood Towne Center for premier shopping and dining options. Best of all, commuters will appreciate the seamless access to Interstate 5 and Joint Base Lewis-McChord (JBLM), making this the perfect blend of suburban tranquility and modern accessibility.

8407 Winona Street SW, Lakewood

Listing courtesy of Inspire Realty.

$599,950
3 Beds ⋅ 2 Baths ⋅ 2554070 MLS ⋅ ACTIVE Status
Charming 1½-story home with a finished basement, situated on a spacious 0.57-acre lot in Lakewood. A beautiful mature oak tree stands near the home, adding character and natural beauty. Inside, you’ll find 3 generously sized bedrooms, a bonus room/office, and 1.75 recently updated bathrooms featuring tile surrounds and tile flooring. The exceptionally spacious kitchen is ideal for cooking and entertaining, offering a large center island, granite countertops, a gas cooktop, double ovens, newer dark cabinetry with abundant storage, a pantry, and a ceiling-mounted pot rack. The finished basement includes an additional bonus room, separate entrance, and a cozy wood-burning fireplace, creating excellent potential for extended living, guest accommodations, a home office, or future separate living space. A covered front porch and covered back deck provide inviting areas for relaxing and entertaining. Lot is subdividable according to the City of Lakewood zoning; buyer to verify all development possibilities with the city. Conveniently located near three lakes, golf courses, parks, shopping, and freeway access. Home is sold as-is; seller will not make repairs.

8123 Veterans Drive SW, Lakewood

Listing courtesy of John L. Scott, Inc..

$599,900
2544520 MLS ⋅ ACTIVE Status
Craftsman-style duplex offering flexibility for investors or owner-occupants. The main level unit features 2 bedrooms, 1 bath, original fir/softwood floors, and vinyl flooring in the kitchen, bath, and laundry areas. The lower unit also offers 2 bedrooms and 1 bath with laminate and vinyl flooring throughout. Both units will be vacant, creating an opportunity for market rents or owner occupancy. The lower unit recently rented for $1,900 per month, and projected rents of approximately $1,800 per unit may provide an estimated 6% cap rate. Both unites received interior renovations, and the upper 2 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). The property is served by a functioning septic system currently rated for three bedrooms, with sewer available in the street for future connection. Pierce County sewer charges are included on the utility bill and passed through to tenants along with utilities. The furnace and water heater are shared and located in the basement. The large lot offers ample off-street parking plus street parking. A detached garage/storage building provides additional potential and may benefit from repairs or improvements. Conveniently located near I-5, JBLM, schools, and Tillicum amenities, with larger shopping and grocery options just minutes away in Lakewood. Ideal for investors, rental income, or living in one unit while renting the other.

8601 8603 Maple Street SW, Lakewood

Listing courtesy of COMPASS.

$599,000
3 Beds ⋅ 3 Baths ⋅ 2557692 MLS ⋅ ACTIVE Status
From the welcoming front porch, you'd never guess how much space awaits inside. Beautifully remodeled and thoughtfully designed, this home lives much larger than it appears, with the flexibility and functionality of a five-bedroom layout. The stunning kitchen showcases quartz countertops, custom cabinetry, a designer tile backsplash, and flows seamlessly into a spacious coffee bar and prep area with abundant storage and workspace. The main-floor primary suite is a private retreat featuring a walk-in closet, elegant ensuite bath, convenient access through the laundry room, and French doors leading to a backyard deck—perfect for morning coffee or unwinding at the end of the day. Upstairs, you'll find two additional bedrooms and a full bath, while the finished lower level offers a spacious recreation room, two finished bonus rooms currently staged as bedrooms, and a beautifully updated ¾ bath—providing exceptional flexibility for guests, a home office, fitness, hobbies, media space, or multigenerational living. Situated on an expansive 11,673 sq. ft. lot, the property also offers exciting potential for a future detached ADU, creating opportunities for additional living space or rental income (buyer to verify). Outside, enjoy a fully fenced backyard with a fire pit, room to entertain or play, and a detached two-car garage with additional storage. Thoughtfully updated throughout, this home blends timeless style, everyday comfort, and exceptional versatility.

9810 119th Street SW, Lakewood

Listing courtesy of KW Lake Washington So.

$599,000
5 Beds ⋅ 3 Baths ⋅ 2544694 MLS ⋅ ACTIVE Status
This breathtaking home has it all. Nicely tucked into a quiet neighborhood, yet close enough to shopping and freeways for commute. This beautifully remodeled spacious open concept living hosts 4 bedrooms and 2.75 baths, featuring 2 fireplaces, one in main living room and one in lower family room. Downstairs also has a full bathroom and bedroom with walk-in closet. Home features to include fenced back yard, security system, sprinkler system, shed and RV parking. Relax and unwind on your back deck with a peak-a-boo view of Mt. Rainier. Brand new roof!

7507 66th Avenue W, Lakewood

Listing courtesy of Lewis Real Estate.

$595,000
2505379 MLS ⋅ ACTIVE Status
Attention developer and Builders, this is the project that you have been waiting for... Over a 1/3 of acre lot divided and ready for you to put 5 homes on it! With lot permits approved, This ready lot near American Lake has been cleared, Civil engineering is complete, Short plat is complete, drawings are complete, Water/Sewer and gas in the street. Lot is level and close to the American Lake, JBLM, I-5, Minutes away to the Historical town of Steilacoom and all the amenities that Lakewood has to offer. Projects like this do not come around often, get this one while you can.

9836 Newgrove Avenue SW, Lakewood

Listing courtesy of Real Experts Realty.

$589,395
3 Beds ⋅ 2 Baths ⋅ 2548095 MLS ⋅ ACTIVE Status
Welcome home to this beautifully maintained 3-bedroom, 2-bath rambler with a functional, inviting floor plan. The spacious living room showcases a vaulted ceiling and a cozy gas fireplace, and flows seamlessly into the eat-in kitchen with easy access to the backyard with a covered patio—perfect for everyday living and entertaining. A formal dining area provides additional space for gatherings and special occasions.The private primary suite is a true retreat, complete with a vaulted ceiling, spa-inspired ensuite bath, and generous walk-in closet. Two additional bedrooms and a spacious full bathroom are thoughtfully situated on the opposite side of the home, offering privacy and flexibility for guests or a home office. Conveniently located just minutes from American Lake, I-5, JBLM, shopping, dining, parks, and more, this move-in-ready home offers comfort, AC, a newer furnace, and an exceptional location. Address for GPS and on home is 8418 Veterans Dr SW.

8428 Veterans Drive SW, Lakewood

Listing courtesy of Park 52, Inc..

$580,000
2544523 MLS ⋅ ACTIVE Status
Opportunity awaits with this well-located Lakewood duplex offering flexibility for both investors and owner-occupants. The vacant upper unit features approximately 1,284 square feet with 3 bedrooms and 1.75 bathrooms and is move-in ready, making it ideal for an owner occupant or for immediate rental income. The lower unit offers 2 bedrooms and 1 bathroom and is currently tenant occupied, providing existing income from day one. Each unit includes its own one-car garage, laundry hookups, washer and dryer, and ample onsite parking. The interiors of both unites were renovated, and the upper 3 bedroom unit has remained vacant since renovations were done. Property was inspected and passed the Lakewood Rental House Safety Program (RHSP). Tenants pay their own utilities, helping keep operating expenses low. With reasonable market rents on the upper unit, the property offers a projected 5.5% cap rate. Conveniently located near shopping, schools, major freeways, and JBLM, this duplex presents an excellent opportunity to add to your investment portfolio or offset your housing costs by living in the spacious upper unit while generating income from the lower level.

2604 92nd Street S Unit #A/B, Lakewood

Listing courtesy of COMPASS.

$575,000
4 Beds ⋅ 2 Baths ⋅ 2562534 MLS ⋅ ACTIVE Status
Charming Craftsman on over half an acre in an incredible Lakewood location! Situated directly across the street from Harry Todd Park and beautiful American Lake, this property offers the perfect blend of character, space, and opportunity. Inside, you'll find fresh interior paint, updated bathrooms, a spacious living room with a cozy gas fireplace, and a large dining area that's perfect for gathering. The beautifully updated kitchen offers abundant NEW cabinets and countertops + new stainless steel appliances, for everyday living and entertaining. The flexible floor plan features two bedrooms upstairs along with a full bath and den/office (or possible 5th bedroom!), while the lower level includes two additional bedrooms and another full bath—ideal for guests, multi-generational living, or a home office. Outside, enjoy a fully fenced yard, generous off-street parking from both the front and rear of the property, and plenty of room to garden, play, or expand. Updated electrical for peace-of-mind. Zoned multifamily, this rare property offers exciting possibilities for homeowners, investors, or future development—all just moments from parks, lake access, shopping, dining, and JBLM.

14416 Portland Avenue SW, Lakewood

Listing courtesy of Real Broker LLC.

$575,000
2503329 MLS ⋅ ACTIVE Status
Two units, one smart investment, welcome to your next cash-flowing property in Lakewood! This well-maintained 2,360 sq ft duplex at 5907-5909 111th St Sw offers endless potential for investors, multi-generational living, or owner-occupants looking to offset their mortgage. Each spacious unit features 2 large bedrooms, 1.5 bathrooms, and a bright, inviting living room centered around a cozy fireplace. The layout boasts a large kitchen space with ample storage, plus a separate laundry room and half-bath on the main floor. Upstairs, you'll find two generously sized bedrooms and a full bathroom, providing comfortable separation of space. Situated on a large 8,316 sq ft lot, the property includes a fully fenced yard, newly replaced water heaters, updated bathroom (5909), new carpet, a patio, and abundant parking with up to 8 spaces (including carports). Well maintained to ensure it's move-in ready. In a prime location situated in the desirable Lakeview neighborhood, this duplex is just minutes from Joint Base Lewis-McChord (JBLM), making it a highly sought-after rental. Enjoy walking distance to Clover Park High School, local parks, and the Lakewood Towne Center. Commuting is a breeze with quick access to I-5 and Bridgeport Way. Whether you're looking to live in one unit and rent the other, accommodate extended living, or add a solid cash-flowing asset to your portfolio, this duplex delivers. Don't miss out on this rare Lakewood property!

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

Listing courtesy of Keller Williams West Sound.

$560,000
4 Beds ⋅ 2 Baths ⋅ 2553126 MLS ⋅ ACTIVE Status
Welcome home to this well-maintained 3-bedroom, 1.75-bath home in a fantastic Lakewood location just a half block from Fort Steilacoom Park! Enjoy the perfect combination of comfort, functionality, and outdoor living. The beautifully remodeled kitchen is the centerpiece of the home, featuring quartz countertops, stainless steel appliances, abundant cabinetry, and a layout designed for everyday living and entertaining. Large windows throughout fill the home with natural light, creating a bright and inviting atmosphere. The daylight basement offers flexible space for a rec room, home office, gym, or guest area. Stay comfortable year-round with air conditioning, then step outside to your fully fenced backyard featuring a large entertainment-sized deck, mature landscaping, fruit trees, and plenty of room to relax, garden, or play. A storage shed provides additional space for tools and outdoor equipment. The oversized driveway offers abundant parking with room for an RV, boat, trailer, or multiple vehicles. Located just moments from one of Pierce County's premier parks with miles of walking trails, open space, playgrounds, sports fields, and a popular dog park, you'll love the lifestyle this location provides. Convenient to shopping, dining, JBLM, and major commuter routes, this is an incredible opportunity to own a home in one of Lakewood's most desirable neighborhoods!

8515 94th Street SW, Lakewood

Listing courtesy of Unique Lifestyle Realty.

$559,000
2563414 MLS ⋅ ACTIVE Status
Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch, this property features two duplexes comprised of four one-bedroom, one-bath units. Two units enjoy peekaboo views of American Lake, while the generous lot provides abundant parking, or boat / trailer storage. With strong rental appeal, a highly desirable recreational setting, and potential for future redevelopment (buyer to verify), this property offers a unique combination of current cash flow and long-term upside. Conveniently located near JBLM, shopping, dining, Laundromat and major commuter routes, this is a rare opportunity to own a multifamily asset in one of Lakewood’s most sought-after locations. M2M Renter in Unit C would like to renew his Lease.

9315 Veterans Drive SW, Lakewood

Listing courtesy of NWC-KV LLC.

$550,000
4 Beds ⋅ 3 Baths ⋅ 2559601 MLS ⋅ ACTIVE Status
Welcome to this 3 bedroom, 2.25 bath 1,763 SF Lake Louise split-level home on a large corner lot. Note the sweet vintage touches in the entry. Upstairs includes a living room with cozy fireplace, dining room and kitchen with stainless steel appliances and eating space. Don't miss the comfort of the private deck/balcony off the living room. Original Hardwoods in living room and 2 bedrooms! Primary bedroom upstairs features an en-suite bathroom with soaking tub. Two additional bedrooms and a hallway ¾ bath on the upper. Head downstairs to find the spacious rec room, bedroom or den/office, laundry and ¾ bath. Large fully fenced backyard is perfect for relaxing - enjoy the screened in porch for those long summer nights! Home has a sump pump in the garage and a Duromax dual fuel generator. Conveniently located to I-5, parks, lakes, shopping and dining!

11117 Northstar Way SW, Lakewood

Listing courtesy of eXp Realty.

$549,950
1 Beds ⋅ 1 Baths ⋅ 2550097 MLS ⋅ ACTIVE Status
MUST SEE! LIVING WITH EXTRA INCOME FROM ADU! THIS UNIQUE PROPERTY features 2 separates home with different address on ONE PARCEL. Excellent income potential or Generation living, main home 8902 Forest Rd. SW has 988 sf home include Bonus room or hobby room, Kitchen, Living room, Dining room, full bathroom and Laundry room, Exterior Deck with access to unfinished basement. Detached ADU 8901 Rose Rd. SW. has 612 sf. feature 1 Bedroom, 3/4 bath and 1 detached car garage. Built in Murphy bed, living room with Kitchen that included Refrigerator, Stove and Washer/Dryer. Few blocks to American Lake park and boat launch. Easy to Freeway and close to all other services. ADU contractor lock box code 147# it will need same code to closed.

8902 Forest Road SW, Lakewood

Listing courtesy of Kelly Right RE of Seattle LLC.

Based on information submitted to the MLS GRID as of . 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.
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