11212 Bridgeport WAY SW #10, Tacoma, WA 98499
Jenn Pederson
Jenn Pederson

LOCAL + GLOBAL REALTOR®

+1(808) 205-3000

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Listed by:Paragon Real Estate Advisors • Tanner Fogle
Bought with: Meridian Real Estate Group

$ 1,050,000

$ 1,375,000 23.6%

Est. payment | /mo

18 Beds

10 Baths

7,500 SqFt

$ 1,050,000

$ 1,375,000 23.6%

Est. payment | /mo

18 Beds

10 Baths

7,500 SqFt

Key Details

Sold Price $1,050,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $140

Subdivision Lakewood

MLS Listing ID 2529802

Sold Date 08/14/26

Style 56 - 10+ Units

Bedrooms 18

Year Built 1964

Annual Tax Amount $15,574

Lot Size 0.550 Acres

Property Sub-Type Multi Family

Property Description

A 10-unit multifamily investment opportunity in South Puget Sound offers investors a stable, efficiently sized asset in an accessible, renter-demand driven neighborhood. Built in 1964, the property features (4) one-bedroom, (4) two-bedroom, and (2) three-bedroom one-bath units, appealing to a broad tenant base and supporting consistent occupancy. The property recently underwent capital improvements, including replacement of electrical panels in all units. Strategically located with excellent visibility and connectivity, the property provides convenient access to employment centers, military installations, and retail corridors. Residents enjoy proximity to shopping, dining, parks, and services. The property presents a clear value-add opportunity through potential interior upgrades, storage income implementation, and rental optimization. With strong fundamentals and straightforward operations, the asset offers immediate income stability and long-term upside. This offering represents an opportunity to acquire a well-located multifamily asset with scalable potential and durable tenant demand in the region.

Location

State WA

County Pierce

Area 36 - Lakewood

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Lakewood

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Jenn Pederson

Experience the power of collaboration with Jenn and her Team of highly successful experienced professionals who focus obsessively on the details of your unique needs, process, transactional excellence, and exceeding expectations. With an exceptional reputation, you can expect to inherit decades of resources, connections, and industry/market knowledge required to confidently and successfully execute all your real estate needs.

+1(808) 205-3000

[email protected]

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11212 Bridgeport WAY SW #10