12524 Addison Street Sw, Lakewood, WA 98499

Lakewood
Local realty services provided by:Knipe Realty ERA Powered
Listed by: claire michelle fralish, perdana j daud
Office: exp realty
MLS#:2463229
Source:NWMLS
12524 Addison Street Sw,Lakewood, WA 98499
$875,000
  • - Beds
  • - Baths
  • 1,446 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$875,000
  • Price per sq. ft.:$605.12

About this home

25-Unit MF-3 Infill Site – Ready for Submittal - 0.45-acre high-density site (54 units/acre) with extensive engineering completed. 25-unit concept supported. Strong soils per geotech (20 in/hr infiltration). 2021 appraisal at $935K. ~$3,700/month interim income. Potential 12-year MFTE (buyer to verify). Near I-5 and JBLM. Full DD available. Call-email-text helpful Listing agents with questions. Colist agent is owner. DO NOT DISTURB tenants. Thank you!

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Home facts

  • Year built:1945
  • Listing ID #:2463229
  • Updated:April 06, 2026 at 12:23 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Plank
  • Living area:1,446 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1945
  • Building area:1,446 sq. ft.
  • Lot area:0.45 Acres
  • Lot Features:Dead-end Street, Value In Land
  • Construction Materials:Metal/Vinyl Exterior Finish
  • Exterior Features:Deck, Fenced-Fully

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$875,000
  • Price per sq. ft.:$605.12
  • Tax amount:$5,356 (2025)

Parking

  • Total parking spaces:4
  • Parking description:Uncovered Space(s) : 2
  • Garage:Yes
  • Garage spaces:2
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