PROPERTIES FOR SALE

14402 Washington Avenue SW Lakewood, WA 98498

NWMLS Courtesy of COMPASS
14402 Washington Avenue SW
Lakewood, WA 98498
$1,800,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Wonderland is a rare value-add property on a large corner lot, ideally located near JBLM, Boeing, and UW Tacoma - without Tacoma's rental restrictions. This diverse asset includes a renovated fourplex, two single-family homes, and two duplex-style cottages with classic interiors ready for modernization and rent increases. A 1,200 SF storage unit offers conversion potential into an additional 3-bed/2-bath or two smaller units. Six garages provide extra income opportunities at $100+ per month each. With historically high occupancy, low turnover, and no delinquency, Wonderland presents a strong investment with significant upside potential.

Property Features

Community: Tillicum
10+ Units
Exterior: Cement Planked
Exterior: Cement/Concrete
Roof: Composition
Year Built: 1942
2024 Taxes: $14528.00
Listing #: 2335245

Lot Details

Lot Size: 0.99 acres
Paved
Secluded
Sidewalk

Interior

Cooling: None
Heating: Wall Unit(s), Forced Air
Natural Gas

Schools

District: Clover Park
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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