Listing Provided Courtesy Of:
Sterling Johnston Real Estate
7920 Washington Blvd SW, Unit 1-12 Lakewood, WA
$ 1,399,987
Property Attributes
  • MLS#1187773
  • TypeMulti-Family
  • CountyPIERCE
  • CityLakewood
  • AreaLakewood
  • NeighborhoodGravelly Lake
  • Zip98498
  • Style6-9 Units
  • Year Built1967
  • Taxes15934
  • Price$ 1,399,987
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage11270
  • Lot Size0.79 Acres
Listing Provided Courtesy Of:
Sterling Johnston Real Estate
Property Description

12 Spacious Units,6.4% Market Cap Rate,opportunity to increase rents to market rate immediately!13 carport spaces,attractive low maintenance landscaping,ample storage & add value by adding washer & dryers to the units increasing cash flow, Large units with big decks/Patios, 100% occupied, This building fronts a main access road for all drive by traffic. High traffic count a plus for keeping your units occupied.5 minutes to lovely Gravelly Lake, Lakewood town center, 5 minutes to I-5.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
9/5/2017 Listed $1,399,987

General Features

Community Name Gravelly Lake
Energy Source Electric, Natural Gas
Heating and Cooling Baseboard, Forced Air
School District TAC
Site Features Cable TV, Deck, Fenced-Partially, Patio
View Territorial
Water / Sewer / Garbage 17802
Year Built 1967

Interior Features

Bathrooms 0.0
Bedrooms 0.0

Exterior Features

Exterior Features Wood
Foundation Poured Concrete
Number of Uncovered Spaces 17
Roof Composition
Style 6-9 Units
Total Number of Parking Spaces 30


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 98498

AVG $570K
AVG $6,646
AVG 11
Year Built
AVG 1981
AVG 33

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