Positioned across from Harry Todd Park and moments from American Lake, this 0.28-acre MF2-zoned parcel offers a compelling opportunity for a builder or investor seeking a head start on a four-unit concept. The current site plan depicts two attached two-unit buildings with garages, a shared access layout, proposed sewer connections and water meters. Predevelopment work includes engineered plans, structural calculations, soils and stormwater testing, and an active commercial sewer application for Building A. The mostly level, partially cleared lot is surrounded by established residential development with convenient access to schools, JBLM and I-5. Significant professional design and coordination provide a more developed starting point than a typical vacant parcel. Buyer to independently verify zoning, development feasibility, plans, approvals, utilities, costs and requirements.
Active
Listed by: Real Broker LLC • Mark Martynovskiy
Price cut: $5K (8/7)
$345,000
14507 Woodlawn Street SW, Lakewood, WA 98498
--beds
--baths
0.28Acres
Unimproved Land
Built in ----
0.28 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 28 days |
- 112 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Mark Martynovskiy,
Real Broker LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2556031
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.28 Acres
- Features: Paved, Sidewalk, Partially Cleared
- Topography: Level
Details
- Parcel number: 2200003262
- Zoning: MF2
- Zoning description: Multi-Family,Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: In Street
- Water: In Street
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Park
- Subdivision: American Lake
Location
- Region: Lakewood
Financial & listing details
- Tax assessed value: $151,100
- Annual tax amount: $1,421
- Date on market: 7/20/2026
- Cumulative days on market: 30 days
- Listing terms: Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,397/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $345,000-1.4% |
Source:  NWMLS as distributed by MLS GRID #2556031 Report a problem | ||
| 7/21/2026 | Listed for sale | $350,000+100% |
Source: NWMLS as distributed by MLS GRID #2556031 Report a problem | ||
| 12/24/2025 | Sold | $175,000+9.4% |
Source: NWMLS as distributed by MLS GRID #2454978 Report a problem | ||
| 11/21/2025 | Pending sale | $160,000 |
Source: NWMLS as distributed by MLS GRID #2454978 Report a problem | ||
| 11/19/2025 | Listed for sale | $160,000 |
Source: NWMLS as distributed by MLS GRID #2454978 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,421 +9.3% | $151,100 +6.7% |
| 2024 | $1,301 -7.4% | $141,600 +6.5% |
| 2023 | $1,404 +4.4% | $132,900 |
| 2022 | $1,345 +5.4% | $132,900 +19.2% |
| 2021 | $1,276 +72.1% | $111,500 +91.9% |
| 2019 | $741 -0.9% | $58,100 +8.8% |
| 2018 | $748 +6.6% | $53,400 +16.3% |
| 2017 | $701 +22.9% | $45,900 +25.4% |
| 2016 | $571 | $36,600 +16.2% |
| 2014 | $571 -13.8% | $31,500 |
| 2013 | $662 | $31,500 -17.3% |
| 2012 | -- | $38,100 -31.7% |
| 2011 | -- | $55,800 -17.9% |
| 2010 | -- | $68,000 -9.1% |
| 2009 | $1,221 +8.6% | $74,800 -8.3% |
| 2008 | $1,124 +7.8% | $81,600 |
| 2007 | $1,043 | $81,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Tillicum
Nearby schools
GreatSchools rating
- 3/10Tillicum Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 4/10Woodbrook Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Tillicum Elem
- Middle: Woodbrook Mid
- High: Clover Park High
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.
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