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$498,750
2 Beds ⋅ 1 Baths ⋅ 2577497 MLS
Over 1 acre with exciting potential for future development and additional housing opportunities. The solid 2-bedroom, 1-bath brick bungalow offers 1,300+ sq. ft. of finished living space, plus approximately 800 sq. ft. of unfinished space, and includes a detached 2 car garage. Ideally situated at the front of the parcel, the home leaves a substantial portion of the property available for potential additional homes, duplexes, or other residential development. The property is fully fenced, and the existing home is in good condition. Sold as-is through an estate sale. Ideally located near JBLM, I-5 corridor improvements, shopping, schools, parks within walking distance, and nearby lakes. Future area improvements include a Sounder station and a 1.3-mile shared-use trail connecting Tillicum and Lakewood, expected to open in late 2026. A rare opportunity to acquire over an acre in a high-demand area with significant future development and income-producing potential. Buyer to independently verify all information, zoning, permits, development potential, and applicable requirements with the City of Lakewood and Pierce County to their satisfaction.

15202 Washington Avenue SW, Lakewood
$495,000
2 Beds ⋅ 1 Baths ⋅ 2568648 MLS
Bring your investors. Two homes on one large 19,000 sq. ft. level lot. The oversized lot provides abundant space for RV parking, outdoor entertaining, gardening, or potential future expansion or development. Located 1 block from American Lake and Harry Todd Park and minutes to JBLM, Camp Murray, I-5, public transit. Restaurants, shopping, recreation and hospitals are nearby. Must check with the City of Lakewood for zoning.

14429 Portland Avenue SW, Lakewood
$1,850,000
3 Beds ⋅ 1 Baths ⋅ 2567065 MLS
ALL PERMITS IN HAND on this 84 Unit Garden style Apartment complex in the heart of redeveloping Lakewood. VALUE IN LAND. Located just a stones throw from JBLM and Multiple Warehouse projects including an Amazon Fulfillment center, Prologis, and many more. Very high rental demand. Unit layout includes 48 2 bed/2 bath unit layout and 36 1 bed/ 1 bath unit layout. Price includes full plan sets, civil engineering, and permits. Please call/email listing agent for plans and civil. Existing home on the property. Market rent is 2200.

6411 150th Street SW, Lakewood
$399,000
3 Beds ⋅ 1 Baths ⋅ 2553266 MLS
Explore your options with a move-in-ready 3BR 1664 sq ft home, plus a rare opportunity to also expand and develop your property. This jewel is situated on a level .63 acre lot featuring a functional one-story layout with a finished basement, offering flexible living options. The main level includes two bedrooms, a full bath, refreshed kitchen, living and dining area, while the finished basement adds a third bedroom along with expansive bonus spaces ideal for a media room, home office, gym, hobby area, or multigenerational living. This versatile property offers incredible possibilities for homeowners and investors, alike. The oversized lot provides abundant space for RV and boat parking, outdoor entertaining, gardening, or potential future expansion or development. With its location just a couple of minutes from JBLM, Camp Murray, I-5, public transit and near shopping, recreation and hospitals, this is a great opportunity own in one of Lakewood’s most accessible neighborhoods. Call and schedule a tour!

15401 Grant Avenue SW, Lakewood
$549,950
1 Beds ⋅ 1 Baths ⋅ 2550097 MLS
MUST SEE! LIVING WITH EXTRA INCOME FROM ADU! THIS UNIQUE PROPERTY features 2 separates home with different address on ONE PARCEL. Excellent income potential or Generation living, main home 8902 Forest Rd. SW has 988 sf home include Bonus room or hobby room, Kitchen, Living room, Dining room, full bathroom and Laundry room, Exterior Deck with access to unfinished basement. Detached ADU 8901 Rose Rd. SW. has 612 sf. feature 1 Bedroom, 3/4 bath and 1 detached car garage. Built in Murphy bed, living room with Kitchen that included Refrigerator, Stove and Washer/Dryer. Few blocks to American Lake park and boat launch. Easy to Freeway and close to all other services. ADU contractor lock box code 147# it will need same code to closed.

8902 Forest Road SW, Lakewood
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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.