7618 Lakewood Dr W Lakewood, WA $ 2,670,000
7618 Lakewood Dr W
$ 2,670,000
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7618 Lakewood Dr W

Lakewood, WA, 98499
$ 2,670,000
Bedrooms18 Baths18.0 Sq 13,668

Monthly Estimate*

$ 18,441

Listed by Austin Wagner, Windermere Prof Partners, 509-654-5142, awagner@windermere.com
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Multi-Family Home for sale in Lakewood, WA

for $2,670,000 with 18 bedrooms and 18 full baths. This 13,668 square foot home was built in 2007 on a lot size of 0.4304.

Rare opportunity to acquire three duplexes comprising six total units, each situated on its own parcel, with all three parcels adjoining to create a cohesive investment property. Built in 2007, this relatively newer construction offers six spacious units, each featuring 3 bedrooms, 2.5 bathrooms, and approximately 2,278 sq ft. Updated interiors, fully fenced grounds, and ample parking add to the appeal. Ideally located along Lakewood Drive W, this centrally situated property offers convenient access to shopping, dining, major commuter routes, and everyday amenities. With six income-producing units, three separate tax parcels, and attractive investment potential, this is an exceptional opportunity for investors seeking scale, flexibility, and long-term upside in a convenient Lakewood location.

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Multi-Family Active

Price

$ 2,670,000

Bedrooms

18

Full Bath

18

Property Type

Multi-Family

Taxes

$ 27,729

Style

5-9 Units

Lot Size

0.4304

Year Built

2007

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2602705

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Fully Fenced
Year Built 2007
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 172971
Insurance Expense 4500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Lakewood
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS Friendly.
City Lakewood
Senior Community Y/N N
High School District Lakewood
Zoning Description Multi-Family
Number Of Units Total 6
MLS Area 37 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 18750
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 27729
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks Rare opportunity to acquire three duplexes comprising six total units each situated on its own parcel with all three parcels adjoining to create a cohesive investment property. Built in 2007 this rel
Leasable Area 13668
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement
Units Below Grade false
Units In Building Total 6
Water Sewer Garbage 0
Property Style 55 - 5-9 Units
Cap Rate 6.4
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 12
Foundation Details Slab
Building Area Total 13668
Lot Size Acres 0.4304
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully High Speed Internet
Parking Uncovered Total 12
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 3
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 NWM2602705
Street Number 1 7618
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* Excluded Features
List By
Austin Wagner

Listing Agent

Windermere Prof Partners

Broker

awagner@windermere.com

Email

Affordability Calculator

$20,752
Per Month
89%
11%
0%
Monthly Principal & Interest
$18,441
Monthly Property Taxes
$2,311
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
256899 Elementary School
256742 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/12/2026$2,670,000 Listed Price

Map


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7618 Lakewood Dr W, Lakewood, WA, 98499 is a Multi-Family Home for sale at $2,670,000 with 13,668 sqft and a lot size of 0.4304. 7618 Lakewood Dr W has 18 bedrooms, 18.0 baths, and was built in 2007. The property's zip code is 98499 which is in Lakewood, WA