Lakewood Homes with 55 - 5-9 Units Style

Lakewood Homes with 55 - 5-9 Units Style

Welcome to Lakewood, Washington – a vibrant community nestled in Pierce County, where natural beauty meets suburban charm. This picturesque city is renowned for its lush parks, serene lakes, and a welcoming atmosphere, making it an ideal place for families, retirees, and everyone in between.

Lakewood boasts a rich tapestry of neighborhoods, each with its own unique character. Among these, homes styled with 55-59 units stand out, offering a perfect blend of comfort and community. These residences provide ample space and thoughtful layouts, catering to a variety of lifestyles. Whether you’re looking for a cozy retreat or a lively space to entertain, you’ll find that these homes are designed to meet your needs.

The neighborhood is surrounded by stunning natural landscapes, including the nearby American Lake and the scenic Fort Steilacoom Park, which offers trails, sports facilities, and picnic areas. Residents enjoy easy access to local shopping, dining, and entertainment options, ensuring that everything you need is just a stone's throw away.

Lakewood is also known for its strong sense of community. With a variety of local events and activities throughout the year, you’ll have plenty of opportunities to connect with your neighbors and create lasting friendships. For those who appreciate a blend of suburban tranquility and urban convenience, Lakewood is a hidden gem that promises a fulfilling lifestyle. Discover your dream home in this enchanting neighborhood today!

Newest Lakewood Homes with 55 - 5-9 Units Style

8303 John Dower Road SW, Lakewood
$2,137,500
2555633 MLS ⋅ ACTIVE Status
**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing Broker: RE/MAX Northwest; Tamara Paul; 206-226-5869; tamara@TheTamaraPaulGroup.com

11002 Idlewild Road SW, Lakewood
$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 Broker: Keller Williams Rty Tacoma; Matt Harber; 253-229-1329; matt@harberhomegroup.com

4902 111th Street SW, Lakewood
$1,650,000
2497467 MLS ⋅ ACTIVE Status
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 main replacement - Reconstructing the road way.

4902 111th Street SW, Lakewood

Listing Broker: HDN Real Estate; Hau Nguyen; 206-304-0317; hdn.realty@gmail.com

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