MLS #2508142 / Listing provided by NWMLS & eXp Realty.
$799,000
12524 Addison Street SW
Lakewood,
WA
98499
Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: No
- Cooling: No
Parking
- Garage: Yes
- Parking Features: Garage
Lot Details
- Lot Features: Dead End Street
- Acres: 0.45
Schools
- High School District: Lakewood
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Dead End Street
- Acres: 0.45
Water, Sewer, and Garbage
- Sewer: On Property
- Water Source: On Property
Amber Jensen
Broker | REALTOR®
Send Amber Jensen an email