South Lakes Multifamily Homes & Duplexes for Sale

/19
$799,000
- 6 Beds
- 4 Baths
- 2,376 Sq Ft
8508 Berkeley Ave SW, Tacoma, WA 98498

FULLY remodeled classic clinker brick rambler 4-plex near JBLM with easy access to I-5. New roof, new electrical, and new plumbing are highlighted by updated flooring, kitchen, bedrooms, and baths. Plenty of parking and quiet, private backyard space. Successful track record for rented units. Fantastic location for commuters, those who work at JBLM and Madigan, and near the Lakewood Sounder

Nicolas Lind Commencement Bay Brokers LLC

8508 Berkeley Ave SW, Tacoma, WA 98498
/21
$565,000
- 4 Beds
- 2 Baths
- 1,436 Sq Ft
8804 Forest Rd SW, Lakewood, WA 98498

2 houses 1 lot! Investor alert! 8802 762 sq ft remodeled 2x1 vacant and 8804 674 sq ft 2x1 with tenants at ~$1500 a month. Fully permitted with two septic systems running like a spinning top. Located in the ever improving Tillicum, nestled gently between American Lake, Tacoma Country club, I5, and JBLM.

Matthew Linden Pellego, Inc.

8804 Forest Rd SW, Lakewood, WA 98498
/29
$1,150,000
- 4 Beds
- 3 Baths
- 4,551 Sq Ft
8314 Spruce St SW, Lakewood, WA 98498

Fantastic Investor Opportunity. Two separate houses and 10 rented garage units bring an almost 6% cap rate. New roof on the garages. New flooring, carpet and paint in both units. New appliances, windows and electrical wiring in the cottage unit. Completely rented out, refreshed and ready to be acquired. The main house boasts enormous rooms, a large kitchen and a separate kitchen in the basement.

Vikki Iverson COMPASS

8314 Spruce St SW, Lakewood, WA 98498

Washington Lakewood South Lakes

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In South Lakes, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in South Lakes, Lakewood.

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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID