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Explore Similar Apartments Within 2 Miles of Lakeland South, WA

  • /16

    $950,000

    • 8 Beds
    • 4 Baths
    • 3,000 Sq Ft

    2250 I St NE, Auburn, WA 98002

    This fully rented fourplex offers an incredible opportunity for investors seeking steady cash flow in the heart of Auburn. Each of the four units features 2 bedrooms and 1 bathroom, appealing to a wide range of tenants. The property includes assigned parking for convenience and a community coin-operated laundry room for added income potential. Situated in a prime location near shopping, dining,

    Agent Photo

    Zach Hensrude

    RE/MAX Elite

    (253) 364-1778

    2250 I St NE, Auburn, WA 98002
  • /31

    $895,000

    • 6 Beds
    • 4 Baths
    • 2,200 Sq Ft

    735 F St NE, Auburn, WA 98002

    Invest in this beautifully restored duplex in the heart of Downtown Auburn, an area renowned for its charm and proximity to schools, parks, public transit, and a vibrant mix of businesses. Each spacious unit features 3 bedrooms and 2 bathrooms, making them appealing for a variety of tenants. Recent upgrades including luxury vinyl plank flooring, modern appliances, and energy-efficient windows

    Bobby Harrison Marketplace Sotheby's Intl Rty

    735 F St NE, Auburn, WA 98002
  • /34

    $649,950

    • 4 Beds
    • 6 Baths
    • 3,096 Sq Ft

    6612 4th St E, Tacoma, WA 98424

    Stunning architectural design & investment opportunity! Convenient Tacoma/Fife Heights location & nestled in a quiet neighborhood cul-de-sac. Private Duplex overlooks the woods in back. Each unit is 1,548 sq ft & features an open-concept floorplan w/soaring ceilings, floor-to-ceiling windows & clerestory windows on main allowing tons of natural light, cozy wood-burning fireplaces, primary suites,

    Troy Rothermel Redfin

    6612 4th St E, Tacoma, WA 98424
  • /12

    $679,995

    • 4 Beds
    • 2 Baths
    • 1,680 Sq Ft

    1004 15th Ave, Milton, WA 98354

    MULTIFAMILY IN MILTON & PRIME LOCATION! WELCOME TO THIS COZY DUPLEX, PARTIALLY FENCED, PERFECT FOR FIRST-TIME HOMEBUYERS OR INVESTORS. UNITS ARE IN GREAT CONDITION, ROOF- APPROX 15YRS, H2O HEATER-APPROX 4 YRS. WOOD BURNING FIRE PLACE. THIS BEAUTIFULLY MAINTAINED DUPLEX OFFERS THE PERFECT BLEND OF COMFORT, CONVENIENCE, AND CASH FLOW. WHETHER YOU'RE A SAVVY INVESTOR OR A HOMEOWNER LOOKING TO OFFSET

    Darica Roesch-Hegland John L. Scott, Inc.

    1004 15th Ave, Milton, WA 98354
  • /6

    $5,450,000

    • 6 Beds
    • 3 Baths
    • 17,862 Sq Ft

    808 I St NE, Auburn, WA 98002

    The property features a mix of eight one-bedroom/one bath units that are approximately 600 sq. ft., 12 two-bedroom/one bath units that are approximately 782 sq. ft. and 4 three-bedroom/one bath units that are approximately 882 sq. ft. The units are well equipped with full kitchens with stove/range, refrigerator and dishwashers, bathrooms along with two laundry facilities, two storage areas along

    Jon Bye John L. Scott, Inc

    808 I St NE, Auburn, WA 98002
  • /9

    $3,570,000

    • 3 Beds
    • 2 Baths
    • 12,000 Sq Ft

    733 10th St NE, Auburn, WA 98002

    The property features a mix of eight one-bedroom/one bath units that are approximately 650 sq. ft. & 8 two-bedroom/one bath units that are approximately 850 sq. ft. The units are well equipped with full kitchens with stove/range, refrigerator and dishwashers, bathrooms along with washer and dryer hookups. The upstairs units all feature vaulted ceilings. The property is in excellent condition

    Jon Bye John L. Scott, Inc

    733 10th St NE, Auburn, WA 98002
  • /39

    $899,950

    • 5 Beds
    • 4 Baths
    • 2,570 Sq Ft

    116 4th Ave S, Algona, WA 98001

    Cash-flow from day one with this rare investment opportunity. Built in 2022, this property is low-maintenance for years to come. This home offers three distinct spaces: a main house, a fully furnished studio unit, and a versatile shop. The main house spans 2,200 square feet and features 4 bedrooms, 2.5 bathrooms and a 2-car garage. The separate studio unit is complete with its own entrance,

    Denis Karnafel John L. Scott, Inc

    116 4th Ave S, Algona, WA 98001
  • /12

    $1,200,000

    • 6 Beds
    • 6 Baths
    • 3,250 Sq Ft

    425 H St NE, Auburn, WA 98002

    Centrally located near schools, shopping & transit, this well-kept 6-unit complex features 1 bed/1 bath units (541 sq. ft.), each updated on turnover. $50K+ in recent renovations including new electrical panels. Extra income from on-site coin-op laundry. Each unit includes its own covered parking, plus plenty additional parking on the property. Strong rental history with low vacancy. Unit 5 just

    Jovelyn Donato Horizon Real Estate

    425 H St NE, Auburn, WA 98002
  • /12

    $1,830,000

    • 17 Beds
    • 9 Baths
    • 6,849 Sq Ft

    1202 Harvey Rd, Auburn, WA 98002

    Brickwood Apartments - 8 unit in Auburn with attractive mix of seven 2B/1B (825SqFt) and one 3B/1.5B (1,075SqFt). Listed at 6.3% cap rate with additional upside in renovating one remaining unit and implementing utility billback. Investment is perfect for 1031 exchange buyer looking to acquire more units or any investor with low maintenance building and ease of self-management. Close proximity

    Ethan Szmania The Foundation Group LLC

    1202 Harvey Rd, Auburn, WA 98002
  • /4

    $655,000

    • 6 Beds
    • 4 Baths
    • 2,784 Sq Ft

    308 35th St SE, Auburn, WA 98002

    First time on the market! Discover this exceptional investment opportunity—a wonderful duplex offered by the original owner. Each spacious split-level unit features 3 bedrooms, 2 bathrooms, and an attached garage, offering a total of approximately 2,784 finished square feet. Thoughtfully designed for comfort and functionality, both units include separate water meters & trash service, with tenants

    Shelley Propernick John L. Scott, Inc

    308 35th St SE, Auburn, WA 98002
  • /18

    $699,950

    • 6 Beds
    • 6 Baths
    • 2,540 Sq Ft

    402 4th St SE, Auburn, WA 98002

    Rare value-add duplex in Auburn with strong rental income and room to grow with upside potential. Unit A rents for $2,200/month; Unit B is under rented at $1,825/month & represents opportunity for increased cash flow & enhanced property value. Each spacious 3BR/2.5BA unit (1,270 sq ft) features a private yard, garage, laundry, and balcony. Located on a desirable corner lot in a walkable community

    Brian Manaois KW Mountains to Sound Realty

    402 4th St SE, Auburn, WA 98002
  • /29

    $1,025,000

    • 7 Beds
    • 5 Baths

    306 2nd St NE, Auburn, WA 98002

    Turn-key 5 unit rental property in the heart of Auburn! This fully rented investment property is walking distance to Main Street with all the shops, restaurants and public transportation. The building has a brand new roof and siding, and all units have been recently updated—no major work needed. 100% occupancy with zero vacancies and a waitlist. Some tenants have been here for over 7 years and

    Elena Karpova Torre Realty

    306 2nd St NE, Auburn, WA 98002
  • /31

    $475,000

    • 4 Beds
    • 2 Baths
    • 1,870 Sq Ft

    328 S Division St, Auburn, WA 98001

    Rare investment opportunity in Downtown Urban Center zoning (DUC)—up to 6-story development potential (buyer to verify)! Fully remodeled duplex with new roof, updated bathrooms, updated kitchen, flooring, and paint. Long-term dependable tenants with a month to month lease agreement. Decent cap rate with upside. Tenants pay electricity. Main unit: 2 bed (one in basement). Upper unit: 1 bed. Shared

    Thai-Hoa Nguyen eXp Realty

    328 S Division St, Auburn, WA 98001
  • /3

    $1,200,000

    • 8 Beds
    • 4 Baths
    • 3,600 Sq Ft

    120 S 339th Cir, Federal Way, WA 98003

    This is 4 plex multi family home in very good location in Federal Way. Complete exterior & interior. Well managed and fully occupied units. 2 bedrooms/1 bathroom, washer/dryer, fireplace. Cross the road is public library. Easy access to I-5, Hwy 19 &99. Very good opportunity to own 4-plex with 5% net income.

    Chong Tae Min Q Star Seattle Corporation

    120 S 339th Cir, Federal Way, WA 98003
  • /3

    $1,200,000

    • 8 Beds
    • 4 Baths
    • 3,600 Sq Ft

    27 S 342nd Place, Federal Way, WA 98003

    This is 4 plex multi family home in very good location in Federal Way. Complete exterior & interior. Well managed and fully occupied units. 2 bedrooms/1 bathroom, washer/dryer, fireplace. Cross the road is public library. Easy access to I-5, Hwy 19 &99. Very good opportunity to own 4-plex with 5% net income.

    Chong Tae Min Q Star Seattle Corporation

    27 S 342nd Place, Federal Way, WA 98003
  • /20

    $925,000

    • 6 Beds
    • 6 Baths

    506 1st St SW, Auburn, WA 98001

    Knickerbocker Mansion, a premier investment opportunity in downtown Auburn, offering strong financial upside through market rents and operational efficiencies. Ideally positioned near the I-5 / Highway 18 interchange, tenants benefit from seamless connectivity, while Auburn Train Station is just steps away, providing direct service to Seattle and Tacoma, a key draw for commuters. Auburn’s

    Chris Larsen Lee & Associates Commercial RE

    506 1st St SW, Auburn, WA 98001
  • /17

    $2,995,000

    • 28 Beds
    • 17 Baths
    • 9,612 Sq Ft

    30853 14th Ave S, Federal Way, WA 98003

    Welcome to the Lake Apartments in Federal Way, a portal into a classic 1958-built brick, 16 unit apartment building. This 2 story building is surrounded by grass and vegetation on a huge 31,000 square foot lot. Just off Pacific Highway, this building is a reasonable commute to the major hubs and will be close to the future Federal Way light rail stop. Groceries, restaurants, transit, and

    Shavic Jones Windermere Real Estate Co.

    30853 14th Ave S, Federal Way, WA 98003
  • /2

    $2,650,000

    • 2 Beds
    • 1 Bath
    • 9,024 Sq Ft

    2601 D St SE, Auburn, WA 98002

    Price reduced! Investors! Unique opportunity to purchase these 4 triplexes, EACH ON IT'S OWN TAX LOT! Giving you the option to buy with individual, lower-rate residential loans if desired! These one-level units are easy to rent, offer a coin operated laundry facility for extra income, offer lots of parking, have been nicely updated and are located in a great location.

    Bill Grover Windermere Real Estate/PSR Inc

    2601 D St SE, Auburn, WA 98002

Why Live in Lakeland South

Lakeland South, WA, is a convenient suburb known for its access to retail, restaurants, and green spaces. Many homebuyers are drawn to the community for its friendly atmosphere and the fact that residents look out for each other. The area offers easy highway access for commuting to Seattle and Tacoma, making it a practical choice for those working in these cities. Homes in Lakeland South have been increasing in value, with popular listings featuring lake views. The community is situated at an elevation that often results in sunnier weather compared to foggy Seattle. Housing options include three-bedroom mobile homes, 1960s ranch-style homes, and contemporary-style suburban homes from the 1990s. The local schools, while not highly rated, are within walking distance for many children. Outdoor recreational options are plentiful, with Five Mile Lake Park offering tennis, baseball, basketball, boating, and fishing. Lake Geneva Park is a popular spot for picnics and non-motorized boating. Dash Point State Park, a 9-mile drive away, provides forested trails, campsites, and a sandy beach. Retail and dining options are abundant along Milton Way, with local favorites like Dave’s of Milton and The Mill Steakhouse + Spirits. The Outlet Collection Seattle mall, located three miles away, offers a variety of shopping outlets and electric vehicle charging stations. Entertainment includes nearby Century Theatres and Wild Waves Theme & Water Park. Commuting is convenient with Interstate 5 providing access to Downtown Tacoma (12 miles) and Downtown Seattle (25 miles). Residents also have access to train services in Auburn, just 4 miles northeast.

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