Listing Provided Courtesy Of:
Windermere RE West Campus Inc and NWMLS
14914 Union Avenue SW Lakewood, WA
$ 449,500
Property Attributes
  • ID#1774284
  • TypeMulti-Family
  • CountyPIERCE
  • CityLakewood
  • AreaLakewood-Tillicum
  • NeighborhoodTillicum
  • Zip98498
  • StyleTri-plex
  • Year Built1959
  • Taxes$ 2636
  • Price$ 449,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1584
  • Lot Size7,501 SqFt
Listing Provided Courtesy Of:
Windermere RE West Campus Inc and NWMLS
Data Source:
Northwest Multiple Listing Service (NWMLS) - 21 - WA
Property Description

Incredible investment opportunity in this fully rented triplex with long term tenants. This is the deal that your portfolio needs. Newer roof, newer paint and has been updated over the years. Lots of off street parking and a great location just minutes from the main gate of JBLM.

Price History
5/14/2021 Listed $449,500

General Features

Building Area Units Square Feet
Carport Y/N No
City Lakewood
County Pierce
Directions From I-5 S take exit 123 continue on N Thorne Ln SW, Left on Maple St SW, Right on Union Ave SW to triplex on the right.
Exterior Features Wood
High School District Clover Park
Insurance Expense 900
Leasable Area 1584
MLS Area 41 - Lakewood/Tillicum
Net Operating Income 25144
New Construction No
Possession Closing, Tenant's Rights
Property Style 53 - Tri-plex
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Septic Tank
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Union
Structure Type Triplex
Subdivision Name Tillicum
Tax Annual Amount 2636
Tax Year 2021
Terms Cash Out, Conventional
Total Units 3
Units Below Grade false
Units In Building Total 3
Utilities Septic, Electricity Available
Water Sewer Garbage 1620
Year Built 1959

Interior Features

Electric On Property Y/N No
Fireplace Y/N No
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Avenue
Total Stories 1

Exterior Features

Building Area Total 1584
Foundation Details Slab
Irrigation Water Rights Y/N No
Lot Size Acres 0.1722
Lot Size Square Feet 7500
Lot Size Units Square Feet
Open Parking Y/N No
Site Features Fenced-Partially
Total Parking 8
View Y/N No
Water Source Public
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98498

AVG $560K
AVG $3,889
AVG 109
Year Built
AVG 1961
AVG 49
Data Provided by Walkscore ® not using MLS data