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SEE ALL PHOTOS

Provided by NWMLS, Bought with ZNonMember-Office-MLS and Listed by COMPASS

Sold

14402 Washington Avenue SW

14402 Washington Avenue SW, Lakewood, WA 98498

$1,500,000

Wonderland is a rare value-add property on a large corner lot, ideally located near JBLM, Boeing, and UW Tacoma - without Tacoma's rental restrictions. This diverse asset includes a renovated fourplex, two single-family homes, and two duplex-style cottages with classic interiors ready for modernization and rent increases. A 1,200 SF storage unit offers conversion potential into an additional 3-bed/2-bath or two smaller units. Six garages provide extra income opportunities at $100+ per month each. With historically high occupancy, low turnover, and no delinquency, Wonderland presents a strong investment with significant upside potential.

Studio

7,983 Sq.Ft. LIVING AREA

0.99 Acres lot

Features & Amenities

Interior

total bedrooms0
Flooring Vinyl Plank, Carpet

Area & Lot

Status Sold
Date Sold June 11, 2025
Living Area7,983 Sq.Ft.
Total Area7,983 Sq.Ft.
Lot Area0.99 Acres
MLS® ID2335245
TypeMulti-Family
YEAR BUILT1942
School DistrictClover Park

Exterior

STORIES2
water SourcePublic
roofComposition
lot featuresPaved, Secluded, Sidewalk
HEAT TYPEForced Air
AIR CONDITIONINGNone
sewerSewer Connected
other exterior FeaturesCement/Concrete, Cement Planked

Financial

Sales Price$1,500,000
Real Estate Tax $14,528/yr

Ready to Help

I approach real estate as a responsibility, not a transaction. I take the time to truly understand your goals, guide you with clear strategy, and advocate for you with focus and care. Known for my calm presence and strong negotiation skills, I help clients navigate Seattle’s competitive market feeling informed, protected, and confident from start to finish.

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