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12413 Bridgeport Way SW, Lakewood
$1,650,000
2525348 MLS ⋅ PENDING Status
MOTIVATED SELLER! $117K PER UNIT & 6.93% CAP RATE | Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing Broker: Blake Investment Advisors; Gabe Blake; 206-618-2207; gabe@blakeia.com

2115 140th Place NE, Marysville
$492,000
3 Beds ⋅ 1 Baths ⋅ 2519580 MLS ⋅ PENDING Status
Great opportunity for a first-time buyer, investor, or anyone looking for a move-in ready home with room to make it their own! This single-story home offers an updated kitchen with quartz countertops, undermount sink, tile backsplash, stainless steel appliances, and all appliances included for added convenience. Laminate flooring runs through the main living spaces, and additional bonus areas offer extra flexibility to fit a variety of needs. Step outside to enjoy the huge flat backyard with a large patio—perfect for summer BBQs, entertaining, gardening, or simply enjoying the outdoor space. Garden area, large storage shed with power, covered carport, and RV parking add valuable functionality and convenience. Located in a growing area with easy access to commuting routes, shopping, restaurants, schools, and everyday amenities, this home offers comfort, convenience, and exciting potential to make it your own over time.

2115 140th Place NE, Marysville

Listing Broker: KW North Sound; Tracie L. Diemert; 360-653-1884; traciediemert@gmail.com

2607 92nd Street S, Lakewood
$499,950
4 Beds ⋅ 2 Baths ⋅ 2522273 MLS ⋅ PENDING Status
Step inside this well-kept home offering a comfortable, functional layout that makes everyday living easy. The main living space connects naturally to the dining area and kitchen, creating a practical flow that works well for both daily routines and entertaining. The home feels open and inviting throughout. Bedrooms are well-sized and flexible for guests or a home office setup depending on needs. Out back, you’ll find a fully fenced backyard that’s perfect for pets, play, and outdoor gatherings, with space to relax or enjoy time outside. Located just minutes from Lakewood Town Center for shopping, dining, and everyday essentials, plus quick access to JBLM, freeway routes, parks, and schools, this home offers convenience in every direction. A solid option for a buyer looking for comfort, function, and a place that fits real life.

2607 92nd Street S, Lakewood

Listing Broker: Premier Real Estate Partners; Khalid Farrah; 253-232-5512; Teamkfarrah@gmail.com

17810 25th Avenue NE, Arlington
$1,245,000
2521122 MLS ⋅ PENDING Status
Four prime residential lots totaling 4.91 acres just across the street from the City of Marysville limits at the Smokey Point/Lakewood area. Close to I-5, Hwy 99, Target, Best Buy, Costco, Amazon, Walmart, and dining options. Lakewood School District. Prime for future annexation with high density residential development. Property currently is leased month to month to four individual mobile home tenants that own their own mobile homes. Each Parcel has it's own private well, power and septic system. There are gravel driveways and recorded easements to each of the lots. This area has lots of ongoing growth around this property. Although there are four parcels, they are sold together, as is, without a long feasibility period.

17810 25th Avenue NE, Arlington

Listing Broker: Dave Nelson Real Estate; Dave Nelson; 425-319-3100; dave.dnre@gmail.com

7600 52nd Avenue W Unit #47, Lakewood
$333,000
2 Beds ⋅ 2 Baths ⋅ 2502297 MLS ⋅ PENDING INSPECTION Status
Welcome to easy, low-maintenance living in the heart of Lakewood! This well-designed rambler with two bedrooms plus a den/office condo offers the perfect blend of comfort, functionality, and privacy—ideal for today’s lifestyle. Step into a spacious open-concept living and dining area featuring soaring vaulted ceilings and a cozy gas fireplace, creating a bright and inviting atmosphere that lives larger than expected. The versatile den/office provides the flexibility you need for working from home, hobbies, or a guest space. The dining area flows seamlessly to a covered patio—perfect for year-round outdoor enjoyment, morning coffee, or evening relaxation. This home also features a large two-car garage with ample room for storage, a rare and valuable feature in condo living. Situated as one half of a duplex, you’ll enjoy added privacy with fewer shared walls, all within a gated community offering private roads and a quiet, well-maintained environment. Conveniently located near shopping, services, and major commuting routes, this property offers both comfort and accessibility. Whether you’re looking to simplify your lifestyle or secure a smart long-term investment, this condo checks all the boxes.

7600 52nd Avenue W Unit #47, Lakewood

Listing Broker: Washington Realty Group; Jim Clifford; 253-826-7513; jimclifford@wrgpra.com

7714 Douglas Street W, Lakewood
$975,000
2353720 MLS ⋅ PENDING Status
!! MF2 ZONING DESIGNATION !! Whether you envision a thriving place of worship, an event venue, or a creative community space, this building provides endless opportunities for your special needs. Discover the potential of this Lakewood neighborhood site. Features of this 3,810 SF building include: 10-foot ceilings, two offices, kitchenette, a sound equipment room, and an open foyer with double doors leading into a space that holds 294 people. Fully renovated in 2011, it has 19 parking spaces available on-site and ample neighborhood parking. Enjoy convenient access to local amenities and major roadways. This is a MUST SEE!

7714 Douglas Street W, Lakewood

Listing Broker: Coldwell Banker Danforth; Violeta Strash; 206-406-5784; vstrashre@gmail.com

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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