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$875,000
74 Days On Site
12524 Addison Street SWLakewood, WA98499
For Sale|Multi Family|Active
0
Beds
0
Total Baths
1,446
SqFt
$605
/SqFt
1945
Built
Cumulative Days On Market:
74
Subdivision:
Lakewood
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Claire Michelle Fralish of eXp Realty
Listing courtesy of Claire Michelle Fralish of eXp Realty
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: 253-268-1714
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253-268-1714



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25-Unit MF-3 Infill Site – Ready for Submittal - 0.45-acre high-density site (54 units/acre) with extensive engineering completed. 25-unit concept supported. Strong soils per geotech (20 in/hr infiltration). 2021 appraisal at $935K. ~$3,700/month interim income. Potential 12-year MFTE (buyer to verify). Near I-5 and JBLM. Full DD available. Call-email-text helpful Listing agents with questions. Colist agent is owner. DO NOT DISTURB tenants. Thank you!
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Listing Snapshot
Price
$875,000
Days On Site
74 Days
Bedrooms
N/A
Inside Area (SqFt)
1,446 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.45 Acres
Year Built
1945
MLS® Number
2463229
Status
Active
Property Tax
$5,356
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Comment
Invite
Recent Activity
| 3 days ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Price changed to $875,000 | |
| 2 months ago | Status changed to Active | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.45
Additional Property Use
Multi-FamilyResidential
Garage
Yes
Garage Spaces
2
Number Of Stories
1
Parking Spaces
4
Property Sub Type
Multi Family
SqFt Total
1446
Utilities
Sewer Connected
Water Source
Public
Zoning
Multi-Family,Residential
Interior Features
Flooring
CarpetVinyl
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Vinyl SidingMetal Siding
Fencing
Fenced
Patio And Porch
Deck
Roof
Composition
Community Features
Financing Terms Available
AssumableCashConventionalVA Loan
MLS Area
37 - Lakewood
School District
Lakewood
Schools
School District
Lakewood
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Claire Michelle Fralish of eXp Realty

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 2026, 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: 2026-03-07 01:05 PM PST
Listing courtesy of Claire Michelle Fralish of eXp Realty

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 2026, 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: 2026-03-07 01:05 PM PST
Neighborhood & Commute
Source: Walkscore
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