$399,950
Est. $2,063/mo7727 146th Street Sw, Lakewood, WA 98439
• Listed 2026-02-12•3 days on market
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2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra cash flow. Should qualify for the Multi-Family Tax Exemption for added savings and profit. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.
Listed by Dan Dodge • All Real Estate Solution
Listing updated: August 6, 2026 at 06:00pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2479359
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7727 146th Street Sw, Lakewood, WA 98439
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Lakewood is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 5% below list price.
Time on market: The average home goes pending in around 4 days.
$105,000 Sold
6 weeks ago
3 bd•1.75 ba•Single Family
7601 146th Street Sw #lot 29, Lakewood, WA 98439
5%
Under list
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Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Clover Park School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
