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$1,800,000
41 Days On Site

14402 Washington Avenue SW
Lakewood, WA98498

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
7,983
SqFt
$225
/SqFt
1942
Built
Cumulative Days On Market:
41
Subdivision:
Tillicum
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS

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253-268-1714
14402 Washington Avenue SW14402 Washington Avenue SW14402 Washington Avenue SW14402 Washington Avenue SW
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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.

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Listing Snapshot
Price 
$1,800,000
Days On Site 
41 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,983 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.99 Acres
Year Built 
1942
MLS® Number 
2335245
Status 
Active
Property Tax 
$14,528
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
0.99
Number Of Stories 
2
Parking Spaces 
18
Property Sub Type 
Multi Family
SqFt Total 
7983
Utilities 
Sewer Connected
Water Source 
Public
Interior Features
Flooring 
CarpetVinyl
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Cement Siding
Lot Features 
PavedSecluded
Roof 
Composition
Community Features
Financing Terms Available 
Conventional
MLS Area 
41 - Lakewood/Tillicum
School District 
Clover Park
Schools
School District
Clover Park
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-04-03 02:21 PM PDT

Neighborhood & Commute
Source: Walkscore
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