Sold

Listed by: Better Properties Real Estate • Mark Hulen

Bought with: Skyline Properties, Inc.

$1,900,000

6807 6809 Lakewood DR SW, University Place, WA 98467

12beds

12baths

6,720sqft

Multi Family

Built in 1957

-- sqft lot

$1,884,300 Zestimate^®

$283/sqft

$1,380 Estimated rent

Home value

$1,884,300

$1.75M - $2.04M

$1,380/mo

Zestimate^® history

Owner options

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$1,380/mo

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$1,380/mo

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$11,585/mo

Est. payment

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$11,585/mo

Est. payment

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What's special

Modernized interior finishesNewer lvp flooringNewer cabinetsHard surface countertopsStainless steel appliance package

Upgraded a few years ago, the Meadow Park Court apartments are a 12-unit offering sitting on Lakewood Dr and across from the Meadow Park Golf Course. Resting on an approximate acre of centrally located real estate, Meadow Park Court is comprised of efficiently laid out 1-bedroom 1-bath units, holding modernized interior finishes. Inside you’ll find hard surface countertops, stainless steel appliance package, newer cabinets, newer LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded plumbing, electrical, roof, siding, and landscaping. Buyer to verify all information, including school district. 11 units are below market rent. All month to month tenants. Truly a gem!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 12

Heating

Wall Unit(s), Electric

Cooling

None

Features

Has fireplace: No

Interior area

Total structure area: 6,720
Total interior livable area: 6,720 sqft

Property

Parking

Total spaces: 18
Parking features: Open
Uncovered spaces: 18

Lot

Size: 0.99 Acres
Features: Paved

Details

Parcel number: 545000620
Zoning description: Multi-Family
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family

Materials

Stone, Wood Products
Foundation: Poured Concrete
Roof: Flat

Condition

Very Good
Year built: 1957
Major remodel year: 1992

Utilities & green energy

Sewer: Septic Tank
Water: Individual Well

Community & HOA

Community

Subdivision: University Place

Location

Region: University Place

Financial & listing details

Price per square foot: $283/sqft
Annual tax amount: $11,879
Date on market: 3/19/2025
Cumulative days on market: 490 days
Listing terms: Conventional

Price history

Date	Event	Price
3/28/2025	Sold	$1,900,000-2.6%$283/sqft
Source: NWMLS as distributed by MLS GRID #2327843 Report a problem
2/5/2025	Pending sale	$1,950,000$290/sqft
Source: NWMLS as distributed by MLS GRID #2327843 Report a problem
2/1/2025	Listed for sale	$1,950,000$290/sqft
Source: NWMLS as distributed by MLS GRID #2327843 Report a problem