Lakewood Homes with 56 - 10+ Units Style

Welcome to Lakewood, Washington—a vibrant community nestled in the heart of Pierce County, where natural beauty meets suburban charm. Known for its picturesque landscapes and friendly neighborhoods, Lakewood offers an inviting atmosphere for families, professionals, and retirees alike. With its proximity to major highways and the stunning shores of American Lake, residents enjoy easy access to both urban amenities and serene outdoor adventures.

Lakewood boasts a diverse array of homes, particularly those with 56 to 10+ unit styles, making it an ideal location for investors and those seeking multi-family living options. These properties not only provide ample space for residents but also foster a sense of community, perfect for those who value connection and camaraderie. The architectural styles range from modern designs to classic townhouses, ensuring there’s something for everyone.

Beyond the homes, Lakewood is rich with recreational opportunities. The city is home to several parks, including the expansive Fort Steilacoom Park, which offers trails, sports facilities, and picnic areas. The local schools are well-regarded, making it a great place for families with children. Plus, with a variety of shopping and dining options nearby, residents can easily enjoy everything from local eateries to national retailers.

Whether you’re looking to invest or find your forever home, Lakewood’s multi-family properties offer the perfect blend of comfort, community, and convenience. Explore the possibilities in this charming Washington gem, where your dream lifestyle awaits!

Newest Lakewood Homes with 56 - 10+ Units Style

$1,900,000

2525348 MLS ⋅ ACTIVE Status

Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

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