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$599,950
28 Days On Site

14514 Portland Avenue SW
Lakewood, WA98498

For Sale|Multi Family|Pending
0
Beds
0
Total Baths
2,032
SqFt
$295
/SqFt
1935
Built
Cumulative Days On Market:
28
Subdivision:
American Lake
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Dan Dodge of All Real Estate Solution

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253-268-1714
14514 Portland Avenue SW14514 Portland Avenue SW14514 Portland Avenue SW14514 Portland Avenue SW
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Excellent cash flow investment with 4 1-bedroom units leased at $975 each per month. Two units up and two units down. Large 11,000 plus square foot fenced lot. City of Lakewood says it will support another 4-plex that can be built for additional cash flow (buyer to verify). Portland Avenue was repaved with curbs, gutters, sidewalks, and bike lane plus sewer installation. Convenient location near Harry Todd Park and American Lake. Easy access to JBLM, Madigan Hospital, and I-5 either North or South. Price reduced for quick sale. Great value for a 4-unit building as most are sold for $100s of thousands more.

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Listing Snapshot
Price 
$599,950
Days On Site 
28 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,032 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2527 Acres
Year Built 
1935
MLS® Number 
2496939
Status 
Pending
Property Tax 
$5,188
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.2527
Additional Property Use 
Multi-Family
Number Of Stories 
2
Parking 
RV Access/Parking
Parking Spaces 
8
Property Sub Type 
Multi Family
SqFt Total 
2032
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Multi-Family
Interior Features
Flooring 
VinylCarpet
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Wood Siding
Fencing 
Fenced
Lot Features 
Paved
Other Structures 
Outbuilding
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Community Features
Association Amenities 
Storage
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
41 - Lakewood/Tillicum
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 Dan Dodge of All Real Estate Solution



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: 2026-04-22 08:37 AM PDT

Neighborhood & Commute
Source: Walkscore
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