6148 88 St SW

Lakewood, WA 98499
  • $405,000

    Price
  • 3

    Bed
  • 1.5

    Bath
  • 1,100

    SqFt

About the Listing 5901 - 137813

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.

Listing Highlights

Status Active
Days on Site 16
Property Type Residential
MLS ® 2492286
Year Built 1966
Total Square Footage 1,100
Lot/Acreage 0.15
County Pierce
Neighborhood Lakewood
School District Lakewood

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 1 Half
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Master on Main
  • Water: See Remarks

Exterior Details

  • Lot Description: Built On Lot
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Composition
  • Others: Wood
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $3,447
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0220357003
  • Tax Year: 2026

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

6148 88 St SW Lakewood, WA 98499

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: nwmls

|

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way