8303 John Dower Road Sw, Lakewood, WA 98499

Lakewood
Local realty services provided by:Knipe Realty ERA Powered
Listed by: tamara paul
Office: re/max northwest
MLS#:2530635
Source:NWMLS
8303 John Dower Road Sw,Lakewood, WA 98499
$2,250,000
  • - Beds
  • - Baths
  • 6,066 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,250,000
  • Price per sq. ft.:$370.92

About this home

Exceptional investment opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes....

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Home facts

  • Year built:1962
  • Listing ID #:2530635
  • Updated:June 10, 2026 at 11:01 AM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:6,066 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Building area:6,066 sq. ft.
  • Lot area:0.62 Acres
  • Lot Features:Corner
  • Construction Materials:Wood Exterior Finish

Schools

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

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,250,000
  • Price per sq. ft.:$370.92
  • Tax amount:$12,656 (2026)

Parking

  • Total parking spaces:10
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