7727 146th Street SW, Lakewood, WA 98439 (MLS # 2479359)
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Listing provided courtesy of Northwest MLS; All Real Estate Solution
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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 multiunit cash flow. 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 (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 (address is an approximation).
| LAST UPDATED | 2/12/2026 | TRACT | American Lake |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | American Lake |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Tillicum Elem |
|---|---|
| Jr. High School | Woodbrook Mid |
| High School | Clover Park High |
| ADDITIONAL DETAILS | |
| AREA | 41 - Lakewood/Tillicum |
|---|---|
| HEAT | None |
| LOT | 2.62 acre(s) |
| LOT DESCRIPTION | Curbs, Paved, Sidewalk |
| LOT DIMENSIONS | 47.85.42.649.150.734 |
| MLS STATUS | Active |
| STYLE | 42 - Multi-Family |
| SUBDIVISION | American Lake |
| TAXES | 1680 |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| ZONING | Multi-Family |
| SATELLITE VIEW |
| / | |
Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 3/2/26 3:55 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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