Prime Lakewood opportunity offering flexibility, income potential, and long-term upside! This well-maintained 3-bedroom, 2-bath home spans approximately 1,100 sq ft and presents immediate rental, owner-occupant, or light value-add potential. Existing improvements include updated appliances, custom cabinetry, and functional living spaces, creating a comfortable and move-in-ready environment with room to personalize. Situated on a generous lot with a large storage area, the property offers excellent flexibility for outdoor use, expansion, or future development. Zoning allows for up to three units (buyer to verify), making it an ideal option for builders, investors, or buyers seeking to maximize long-term value. Unique opportunity to purchase alongside neighboring property, creating a potential multi-home or multi-unit setup. Ideal for owner-occupants exploring a “live in one, rent the other” strategy, multi-generational living, or investors looking to expand their portfolio with side-by-side assets. Located in a high-demand rental corridor near JBLM with easy access to I-5, shopping, and dining, this property is well-positioned for strong rental performance, appreciation, and future growth.
Listing Provided Courtesy of Natalie Sutey, Coldwell Banker Bain
General Information
NWM2492286
Single Family Residence
21
DOM
3
6534 SqFt
1.5
1100
1966
Pierce
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential
Single Family Residence
Listing Provided Courtesy of Natalie Sutey, Coldwell Banker Bain
Krishna Realty data last checked: Apr 30, 2026 07:16 | Listing last modified Apr 10, 2026 07:47,
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Residence Information
1100
3
1
1
1.5
Composition
10 - 1 Story
1966
None
None
Poured Concrete
Features and Utilities
Wood
See Remarks
Sewer Connected
Financial
3447
Cash, Conventional, FHA, VA Loan
03-20-2026
Comparable Information
21
21
Cash, Conventional, FHA, VA Loan
$405,000
$405,000
Apr 10, 2026 07:47
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Prime Lakewood opportunity offering flexibility, income potential, and long-term upside! This well-maintained 3-bedroom, 2-bath home spans approximately 1,100 sq ft and presents immediate rental, owner-occupant, or light value-add potential. Existing improvements include updated appliances, custom cabinetry, and functional living spaces, creating a comfortable and move-in-ready environment with room to personalize. Situated on a generous lot with a large storage area, the property offers excellent flexibility for outdoor use, expansion, or future development. Zoning allows for up to three units (buyer to verify), making it an ideal option for builders, investors, or buyers seeking to maximize long-term value. Unique opportunity to purchase alongside neighboring property, creating a potential multi-home or multi-unit setup. Ideal for owner-occupants exploring a “live in one, rent the other” strategy, multi-generational living, or investors looking to expand their portfolio with side-by-side assets. Located in a high-demand rental corridor near JBLM with easy access to I-5, shopping, and dining, this property is well-positioned for strong rental performance, appreciation, and future growth.
