12413 Bridgeport Way Sw, Lakewood, WA 98499
Local realty services provided by:Tucker Realty ERA Powered
Listed by: gabe blake, josh blake
Office: blake investment advisors
MLS#:2525348
Source:NWMLS
12413 Bridgeport Way Sw,Lakewood, WA 98499
$1,900,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,900,000
About this home
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....
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Home facts
- Year built:1972
- Listing ID #:2525348
- Updated:May 27, 2026 at 12:02 AM
Structure and exterior
- Roof:Composition
- Year built:1972
- Lot area:2.62 Acres
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,900,000
- Tax amount:$26,305 (2026)
Parking
- Total parking spaces:25
- Carport spaces:6
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