Motivated seller! Potential Multi-Family Tax Exemption (MFTE) with the City of Lakewood (Buyer to verify) 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.
277 days
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95
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5
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Zillow last checked:
Listing updated:
Listed by:
Stephanie Gurden,
Keller Williams Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2448724
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 0.42 Acres
Dimensions: 80 x 230 x 77 x 230
Features: Paved, Lightly Treed
Topography: Level
Details
Parcel number: 2200001860
Zoning: LKWD
Zoning description: Multi-Family,Residential,Jurisdiction: City
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: In Street
Sewer: In Street
Water: In Street, Jurisdiction: City of Lakewood
Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
Subdivision: Tillicum
Location
Region: Lakewood
Financial & listing details
Annual tax amount: $1,461
Date on market: 10/27/2025
Cumulative days on market: 278 days
Listing terms: Conventional
Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/17/2026
Pending sale
$154,900
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
6/24/2026
Price change
$154,900-6.1%
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
4/17/2026
Price change
$164,900-3%
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
2/23/2026
Price change
$170,000-8.1%
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
1/16/2026
Price change
$184,950-7.5%
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
11/17/2025
Price change
$199,950-2.5%
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
10/27/2025
Listed for sale
$205,000
Source: NWMLS as distributed by MLS GRID #2448724Report a problem
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.