14514 Portland Avenue SW Lakewood, WA 98498
14514 Portland Avenue SW
Lakewood, WA 98498
$609,950
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Excellent cash flow investment with 4 1-bedroom units leased at $975 each per month. Two units up and two units down. Large 11,000 plus square foot fenced lot. City of Lakewood says it will support another 4-plex that can be built for additional cash flow (buyer to verify). Portland Avenue was repaved with curbs, gutters, sidewalks, and bike lane plus sewer installation. Convenient location near Harry Todd Park and American Lake. Easy access to JBLM, Madigan Hospital, and I-5 either North or South.
Property Features
Community: American Lake
4-Plex
View: Territorial
Fenced-Fully
Outbuildings
RV Parking
Exterior: Wood Products
Roof: Composition
Year Built: 1935
2025 Taxes: $5188.00
Buyer Broker Compensation: 2.5%
Listing #: 2348546
Lot Details
Lot Size: 0.25 acres
Curbs
Paved
Sidewalk
Value In Land
No. of Units: 4
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Storage
Thermal Windows
Schools
District: Lakewood
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere
What's Near 14514 Portland Avenue SW Lakewood, WA 98498?
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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