Residential in Lakewood

$799,000

12524 Addison, 98499, Lakewood, WA

Residential for sale in Lakewood, 12524 Addison, 98499, 832 m²

12524 Addison, 98499, Lakewood, WA

$799,000

3Bed
2Bath
832
Type: Residential

Description

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.

Location

12524 Addison, 98499, Lakewood, WA

Data

Object TypeResidential
Purchase Price$799,000
Living Space832 m²
Plot Size1820.9 m²
Bathrooms2
Construction Year1945
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard
Primary Energy SourceN/A
Construction Year1945
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent