WA > Lakewood > Tillicum
Lakewood, WA 98498,14402 Washington AVE SW
Lakewood, WA 98498,14402 Washington AVE SW
Lakewood, WA 98498,14402 Washington AVE SW
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Listed by COMPASS
$1,800,000
Est. payment /mo
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3 Beds
1 Bath
7,983 SqFt
Active

14402 Washington AVE SW Lakewood, WA 98498

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,983 sqft

Price per Sqft $225

Subdivision Tillicum

MLS Listing ID 2335245

Style 56 - 10+ Units

Bedrooms 3

Year Built 1942

Annual Tax Amount $14,528

Lot Size 0.990 Acres

Property Sub-Type Multi-Family

Property 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.

Location

State WA

County Pierce

Area 41 - Lakewood/Tillicum

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Cement Planked

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Secluded, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Clover Park

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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