9315 Veterans Drive SW Lakewood, WA $ 559,000
9315 Veterans Drive SW
$ 559,000
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9315 Veterans Drive SW

Lakewood, WA, 98498
$ 559,000
Bedrooms4 Baths4.0 Sq 1,900

Monthly Estimate*

$ 3,530

Listed by NWC-KV LLC
9315 Veterans Drive SW, Lakewood, WA 98498 - Image 1
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Multi-Family Home for sale in Lakewood, WA

for $559,000 with 4 bedrooms and 4 full baths. This 1,900 square foot home was built in 1924 on a lot size of 0.3903.

Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch, this property features two duplexes comprised of four one-bedroom, one-bath units. Two units enjoy peekaboo views of American Lake, while the generous lot provides abundant parking, or boat / trailer storage. With strong rental appeal, a highly desirable recreational setting, and potential for future redevelopment (buyer to verify), this property offers a unique combination of current cash flow and long-term upside. Conveniently located near JBLM, shopping, dining, Laundromat and major commuter routes, this is a rare opportunity to own a multifamily asset in one of Lakewood’s most sought-after locations. M2M Renter in Unit C would like to renew his Lease.

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Multi-Family Active

Price

$ 559,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,059

Style

4-Plex

Lot Size

0.3903

Year Built

1924

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2563414

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Year Built 1924
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 0
Insurance Expense 3000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name American Lake
Special Listing Conditions None
Status Active
Directions Gravelly lake Dr West on Veterans through all the round abouts go past American Lake park property on right.
City Lakewood
Senior Community Y/N N
High School District Clover Park
Number Of Units Total 4
MLS Area 38 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 17000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 6059
Electric Expense 0
Fuel Expense 0
Public Remarks Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch this property features two dup
Leasable Area 1900
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Lakewood
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 1200
Property Style 54 - 4-Plex
Cap Rate 0
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Exterior
Exterior Amenities Wood Wood Products
Water Source Public
Total Parking 10
Foundation Details Pillar/Post/Pier Poured Concrete
Building Area Total 1900
Lot Size Acres 0.3903
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 10
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 1
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 NWM2563414
Street Number 1 9315
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* Excluded Features
List By
Briana Hickey

Listing Agent

Nwc-Kv Llc

Broker

Affordability Calculator

$4,035
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,530
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
8/1/2026$559,000 Listed Price

Map


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9315 Veterans Drive SW, Lakewood, WA, 98498 is a Multi-Family Home for sale at $559,000 with 1,900 sqft and a lot size of 0.3903. 9315 Veterans Drive SW has 4 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 98498 which is in Lakewood, WA