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About the Listing 5939 - 134752,144010
Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Residential
MLS ®
2506001
Year Built
1945
Total Square Footage
1,446
Lot/Acreage
0.45
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Vinyl Plank,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Master on Main
- Water: Lakewood Water District
Exterior Details
- Lot Description: Dead End Street,Value In Land,Built On Lot,Deck,Fenced-Fully
- Garage Capacity: N/A
- Parking Spaces: 2
- Lot Dimensions: 19,600
- Roof: Composition
- Others: Metal/Vinyl,Good,Has ADU
- Sewer: City of Lakewood Sewer Utility
- Parking Features: Driveway,Detached Garage
Financial Details
- Tax Amount: $5,356
- Taxes w/Assessments: N/A
- Tax/Property ID: 0219123092
- Tax Year: 2025
Payment Calculator
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Questions About..
12524 Addison St SW Lakewood, WA 98499
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