12524 Addison Street SW

Lakewood, WA 98499

  • 3 Bed

  • 2 Bath

  • 832 SqFt

  • 109 DOM

  • Built: 1945

  • Status: Active

$875,000

X

12524 Addison Street SW

Lakewood 98499

$875000

  • 3 Bed

  • 2 Bath

  • 832 SqFt

  • 109 DOM

  • Built: 1945

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

25-Unit MF-3 Infill Site – Ready for Submittal - 0.45-acre high-density site (54 units/acre) with extensive engineering completed. 25-unit concept supported. Strong soils per geotech (20 in/hr infiltration). 2021 appraisal at $935K. ~$3,700/month interim income. Potential 12-year MFTE (buyer to verify). Near I-5 and JBLM. Full DD available. Call-email-text helpful Listing agents with questions. Colist agent is owner. DO NOT DISTURB tenants. Thank you!

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Residence Information

  • 832

  • 3

  • 2

  • 0

  • 2

  • Composition

  • 10 - 1 Story

  • 1945

Features and Utilities

  • Metal/Vinyl

  • Public

  • Sewer Connected

Financial

  • 5356

  • Assumable, Cash, Conventional, VA Loan

  • 12-23-2025

Comparable Information

  • 109

  • 109

  • Assumable, Cash, Conventional, VA Loan

  • $875,000

  • $875,000

  • Apr 11, 2026 12:00

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of eXp Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Apr 11, 2026 08:47 | Listing last modified Apr 11, 2026 12:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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