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5503 112th Street SW Lakewood, WA $ 525,000
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$ 525,000 Get more info
5503 112th Street SW
$ 525,000
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5503 112th Street SW

Lakewood, WA, 98499
$ 525,000
Baths0.0 Sq 2,026

Monthly Estimate*

$ 3,233

Listed by Pellego, Inc.
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Studio

Multi-Family Home for sale in Lakewood, WA

for $525,000. This 2,026 square foot home was built in 1940 on a lot size of 0.2984.

Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income, but also with room for higher rent. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Don't miss this chance to secure a solid, income-generating property for your portfolio! /Unit 1 1000 sq ft 2x1: vacant - walk it and see the rent potential /Unit 2 279sq ft studio: 700 rent, 300 all inclusive utilities, month-to-month /Unit 3 ~800 sq ft 1x1: 1050 rent, 275 all inclusive utilities, month-to-month /Tenants enjoy shared laundry area with modern equipment. /Lot has ADU potential.

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Multi-Family Active

Price

$ 525,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,384

Style

Tri-plex

Lot Size

0.2984

Year Built

1940

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2497554
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1940
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 0
Insurance Expense 0
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Clover Park
Special Listing Conditions None
Status Active
Directions Follow I-5 to Bridgeport Way SW in Lakewood. Take exit 125 from I-5 SContinue on Bridgeport Way SW. Drive to 111th St SW
City Lakewood
Senior Community Y/N N
High School District Clover Park
Number Of Units Total 4
MLS Area 40 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 13000
Carport Spaces 0
Carport Y/N N
Listing Terms Conventional
Tax Annual Amount 5384.59
Electric Expense 0
Fuel Expense 0
Public Remarks Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants ensuring positive steady income but also with room for high
Leasable Area 2080
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 0
Property Style 53 - Tri-plex
Cap Rate 0
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot
Total Parking 5
Building Area Total 2026
Lot Dimensions 13068
Lot Size Acres 0.2984
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Total 5
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2497554
Street Number 1 5503
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* Excluded Features
List By
Matt Linden

Listing Agent

Pellego, Inc.

Broker

Affordability Calculator

$3,681
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$449
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256768 Elementary School
256614 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/28/2026$525,000 Listed Price

Map

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5503 112th Street SW, Lakewood, WA, 98499 is a Multi-Family Home for sale at $525,000 with 2,026 sqft and a lot size of 0.2984. 5503 112th Street SW is a studio with 0.0 baths and was built in 1940. The property's zip code is 98499 which is in Lakewood, WA

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