14402 Washington Avenue SW
Lakewood, WA 98498
7983 sqft | 0.99 acres | #2335245
Description
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 Details
- Exterior MaterialsCement/Concrete, Cement Planked
- Lot DescriptionPaved, Secluded, Sidewalk
- InteriorWall to Wall Carpet
- Date ListedFebruary 21, 2025
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- School DistrictClover Park
- Original List Price$1,800,000
- SubdivisionTillicum
- Taxes Annual$14,528
- MLS #2335245
- Cost1800000
- MLS #2335245
- Utility SourcePublic
- CountyPierce
- Acres0.99
- Square Feet7983
- Year Built1942
- Stories2
- Days on Market (Cumulative)1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-02-22 01:58:09. 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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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Coleton Pantley (#NWM146347)
Listing Office: COMPASS (#NWM7912)
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