2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra multiunit cash flow. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW (address is an approximation).
Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.
Attention Developers and Investors: Prime 1.12-acre development opportunity on a main arterial with R4 zoning—potential for up to 17 units! Ideal for investors and builders, this level, wooded parcel offers dual access from both Washington Blvd and Moreland, maximizing design flexibility and access. Existing structures include 2 homes, carports, and a large shop—perfect for staging, planning, or rental income during permitting. Don’t miss this rare chance to unlock serious value in a growing area!
Fantastic development opportunity in the Lakewood/Tillicum neighborhood and close to I5! This level 18,400 square foot lot is zoned Multifamily 2 (MF2), offering great potential for townhomes or multi-unit construction, Buyer to verify details with the City of Lakewood. The property features 80 ft. of frontage and 230 ft. of depth in a well-established residential neighborhood near the Elementary School and Fire Department. Just two blocks to community park with swimming on American lake and conveniently located just minutes from I-5, JBLM, parks, and shopping in the Lakewood Town Center. Water and power available in the street; suitable for septic systems.
BUILDER DEVELOPER ALERT!! Structually ready to build 13 townhomes or apartments on level lot in great location . This property is located minutes from freeways,AMAZON,JBLM and Lakewood town center. The seller has plans and drawings in place to build townhomes or apartments with City of Lakewood. Architectural drawing and most of civil work is completed to submit for permits. Power,water and sewer are located on the property as well as a new 6ft cedar fence installed for privacy. The property is mostly flat with gental slope to back of property. The property is cleared of all debri and ready to build soon. This is the perfect project for all developers or investors.
Experience unparalleled elegance with this 103' south-facing modern waterfront property on Gravelly Lake in Lakewood, WA. A generous 18,916SF vacant lot offers stunning lake views. Discover the potential of this spacious 4,479 SF new home design, featuring 6 bedrooms and 4.5 baths, you can easily envision and customize your dream home. Designed for seamless living, enhancing convenience and comfort. Residents can relax and unwind in beautifully maintained common gardens and outdoor spaces, perfect for leisure and reflection. This unique property presents an exceptional opportunity to enjoy the tranquility of waterfront living, harmonizing modern luxury with the serene beauty of nature!
Prime Opportunity in the Heart of Lakewood! Welcome to 9001 Forest Ave SW—an exceptional vacant lot nestled in a quiet, established neighborhood just minutes from American Lake, JBLM, and I-5. This level parcel offers a rare blend of privacy and convenience, making it ideal for your custom dream home or a savvy investment project. With utilities nearby and no HOA restrictions, the possibilities are wide open. Whether you're a builder, investor, or future homeowner, this is your chance to secure a piece of Lakewood's growing potential.
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Lakewood is located in Washington. Lakewood, Washington has a population of 62,972. Lakewood is less family-centric than the surrounding county with 24.17% of the households containing married families with children. The county average for households married with children is 32.93%.
The median household income in Lakewood, Washington is $60,534. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in Lakewood is 35.7 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41.1 inches per year, with 5.3 inches of snow per year.