5627 112th Street SW Lakewood, WA ^$ 550,000

5627 112th Street SW

^$ 550,000

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Recently Listed

5627 112th Street SW

Lakewood, WA, 98499

^$ 550,000

Studio Baths0.0 Sq 1,606

Monthly Estimate*

^$ 3,431

Listed by Gateway Real Estate

5627 112th Street SW, Lakewood, WA 98499 - Image 1

Studio

Multi-Family Home for sale in Lakewood, WA

for $550,000. This 1,606 square foot home was built in 1957 on a lot size of 0.1791.

An excellent property in Lakewood, producing steady rental income. Both units are currently occupied, Each unit is approximately 800 sqft, have 2 Bedrooms 1 bath, washer & dryer in each unit. They offer functional layouts, covered parking, storage, and easy access to shopping, restaurants, JBLM, I-5 and other amenities making it an attractive option for tenants. Whether you're expanding your portfolio or looking for your first investment property, this duplex has reliable cash flow in a desirable location.

Multi-Family Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,369

Style

Duplex

Lot Size

0.1791

Year Built

1957

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2460846

Features

General

Living Area 0

Sewer Sewer Connected

Heating Baseboard

Cooling None

Possession Closing

Roof Composition

HOA Fee 0

Year Built 1957

Property Subtype Multi Family

Tax Year 2025

County Pierce

Net Operating Income 20052

Insurance Expense 1640

New Construction N

Property Type Residential Income

HOA N

Subdivision Name Lakewood

Special Listing Conditions None

Status Active

Directions Use GPS - 5627 112th St SW Lakewood

City Lakewood

Senior Community Y/N N

High School District Clover Park

Open Parking Spaces 0

Number Of Units Total 2

MLS Area 40 - Lakewood

Lot Size Units Square Feet

Lot Size Square Feet 7800

Carport Spaces 2

Carport Y/N N

Listing Terms Cash Out Conventional FHA VA Loan

Tax Annual Amount 4369

Electric Expense 0

Fuel Expense 0

Public Remarks An excellent property in Lakewood producing steady rental income. Both units are currently occupied Each unit is approximately 800 sqft have 2 Bedrooms 1 bath washer & dryer in each unit. They offer

Leasable Area 1606

Structure Type Duplex

Building Area Units Square Feet

Standard Status Active

Units Below Grade false

Units In Building Total 2

Water Sewer Garbage 2477.5

Property Style 52 - Duplex

Cap Rate 0

Exterior

Exterior Amenities Wood Products

Total Parking 2

Building Area Total 1606

Lot Size Acres 0.1791

Waterfront Y/N N

Covered Spaces 0

Irrigation Water Rights Y/N N

Parking Uncovered Spaces 0

Interior

Total Fireplaces 0

Total Stories 0

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

Internal Only

OriginalMLSID NWM2460846

Street Number 1 5627

* Excluded Features

List By

Chris McGinnis

Listing Agent

Gateway Real Estate

Broker

Affordability Calculator

$3,795

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $364
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Lakewood, WA

Average List Price ^$1,242,950

Percent of Sale Price 126%

About Lakewood, WA

60,280 Population

3% Since 2002

^$47,045 Median Income

38.42 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

256768 Elementary School

256614 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/17/2025	$550,000		Listed Price

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5627 112th Street SW, Lakewood, WA, 98499 is a Multi-Family Home for sale at $550,000 with 1,606 sqft and a lot size of 0.1791. 5627 112th Street SW is a studio with 0.0 baths and was built in 1957. The property's zip code is 98499 which is in Lakewood, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Northwest Multiple Listing Service

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northwest Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/19/2025.

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5627 112th Street SW

Multi-Family Home for sale in Lakewood, WA

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