Listing provided courtesy of: COMPASS.

14402 Washington Avenue

Lakewood, WA 98498
$1,800,000
  • 7,983 SQFT
Status: Active
  • Est. Payment
    / mo

Wonderland is a rare value-add property on a large corner lot, ideally located near JBLM, Boeing, and UW Tacoma - without Tacoma's rental restrictions. This diverse asset includes a renovated fourplex, two single-family homes, and two duplex-style cottages with classic interiors ready for modernization and rent increases. A 1,200 SF storage unit offers conversion potential into an additional 3-bed/2-bath or two smaller units. Six garages provide extra income opportunities at $100+ per month each. With historically high occupancy, low turnover, and no delinquency, Wonderland presents a strong investment with significant upside potential.

PROPERTY DETAILS

  • Price $1,800,000
  • Price / Sq Ft $225
  • Bldg/Unit Size (Sq Ft) 7,983
  • Building Units 1
  • Land/Lot Size (Sq Ft) 43,124
  • Property Type Residential Income
  • Floors / Stories 2
  • Year Built 1942
  • Parking 18 Spaces
  • MLS Number 2335245
  • Days on Market 12

TAXES & HOA

  • Annual Taxes (USD) $14,528
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

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