Fantastic development opportunity in the Lakewood/Tillicum neighborhood and close to I5! This level 18,400 square foot lot is zoned Multifamily 2 (MF2), offering great potential for townhomes or multi-unit construction, Buyer to verify details with the City of Lakewood. The property features 80 ft. of frontage and 230 ft. of depth in a well-established residential neighborhood near the Elementary School and Fire Department. Just two blocks to community park with swimming on American lake and conveniently located just minutes from I-5, JBLM, parks, and shopping in the Lakewood Town Center. Water and power available in the street; suitable for septic systems.
Listing Provided Courtesy of Stephanie Gurden, Keller Williams Realty
General Information
NWM2448724
Land
81
DOM
0.42 acres
0
Multi-F
Pierce
Tillicum Elem
Buyer To Verify
Clover Park Hig
Land
Land
Listing Provided Courtesy of Stephanie Gurden, Keller Williams Realty
Krishna Realty data last checked: Feb 22, 2026 00:48 | Listing last modified Jan 16, 2026 14:36,
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Residence Information
0
42 - Multi-Family
Features and Utilities
In Street
In Street
Financial
1338
Cash Out, Conventional
10-27-2025
Comparable Information
81
81
Cash Out, Conventional
$205,000
$205,000
Jan 16, 2026 14:36
Schools
Elementary : Tillicum ElemN/ARatings Middle : Buyer To Verify N/ARatings High : Clover Park HigN/ARatings
Fantastic development opportunity in the Lakewood/Tillicum neighborhood and close to I5! This level 18,400 square foot lot is zoned Multifamily 2 (MF2), offering great potential for townhomes or multi-unit construction, Buyer to verify details with the City of Lakewood. The property features 80 ft. of frontage and 230 ft. of depth in a well-established residential neighborhood near the Elementary School and Fire Department. Just two blocks to community park with swimming on American lake and conveniently located just minutes from I-5, JBLM, parks, and shopping in the Lakewood Town Center. Water and power available in the street; suitable for septic systems.
