Updated appliancesFunctional living spacesGenerous lotCustom cabinetryLarge storage area
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.
121 days
|
1,363
|
115
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Natalie Sutey,
Coldwell Banker Bain
Source: NWMLS as distributed by MLS GRID,MLS#: 2492286
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 3
Bedroom
Level: Main
Bedroom
Level: Main
Bedroom
Level: Main
Bathroom full
Level: Main
Other
Level: Main
Heating
Wall Furnace, Electric
Cooling
Wall Unit(s)
Features
Flooring: Vinyl
Basement: None
Has fireplace: No
Interior area
Total structure area: 1,100
Total interior livable area: 1,100 sqft
Property
Parking
Parking features: None
Features
Levels: One
Stories: 1
Has view: Yes
View description: Mountain(s)
Lot
Size: 6,534 Square Feet
Features: Value In Land
Topography: Level
Residential vegetation: Garden Space
Details
Parcel number: 0220357003
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Architectural style: 1 Story
Property subtype: Single Family Residence
Materials
Wood Siding
Foundation: Poured Concrete
Roof: Composition
Condition
Year built: 1966
Major remodel year: 1966
Utilities & green energy
Sewer: Sewer Connected
Water: See Remarks
Community & HOA
Community
Subdivision: Lakewood
Location
Region: Lakewood
Financial & listing details
Price per square foot: $359/sqft
Tax assessed value: $328,300
Annual tax amount: $3,447
Date on market: 3/19/2026
Cumulative days on market: 123 days
Listing terms: Conventional,FHA,VA Loan
Estimated market value
Zestimate®
$396,000
Estimated sales range
$376,000 - $416,000
Rent Zestimate®
$2,411/mo
Price history
Date
Event
Price
6/12/2026
Price change
$395,000-1%$359/sqft
Source: NWMLS as distributed by MLS GRID #2492286Report a problem
6/5/2026
Price change
$399,000-1.5%$363/sqft
Source: NWMLS as distributed by MLS GRID #2492286Report a problem
3/20/2026
Listed for sale
$405,000+268.2%$368/sqft
Source: NWMLS as distributed by MLS GRID #2492286Report a problem
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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.
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