


7727 146th Street SWLakewood, WA 98439
Vacant Land · 2.62 Acres7727 146th Street SW Overview
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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 (like a 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. Price reduced $200,000 for quick sale.
7727 146th Street SW Facts & Features
- Type Vacant Land
- Lot 2.62 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Clover Park
- Elementary School: Tillicum Elem
- Middle Or Junior School: Woodbrook Mid
- High School: Clover Park High
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 41 - Lakewood/Tillicum
- Subdivision Name: American Lake
Tax Information
- Tax Annual Amount: $1,680.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, Owner Will Carry, See Remarks
- Parcel Number: 0219222038
- Possible Use: Multi-Family
- Property Sub Type: Land
- Property Type: Land
- Senior Community: No
- Special Listing Conditions: None
Interior
Beds/Baths
- Bedrooms Possible: 0
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 0
- Building Area Units: Square Feet
- Calculated Square Footage: 0
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Heating: No
- Living Area: 0
- Main Level Bathrooms: 0
Exterior
Lot Information
- Irrigation Water Rights: No
- Lot Features: Curbs, Paved, Sidewalk
- Lot Size Acres: 2.62
- Lot Size Dimensions: 47.85.42.649.150.734
- Lot Size Square Feet: 114127
- Lot Size Units: Square Feet
- Property Features: Brush,Lightly Treed
- Road Responsibility: County
- Road Surface Type: Paved
- Topography: Level
- Elevation Units: Feet
- Water Source: Available
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Structure Type: None
General Information
- Carport: No
- Electric On Property: No
- Sewer: In Street
- Utilities: Electricity Available
7727 146th Street SW Neighborhood
Community
98439 (Lakewood) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7727 146th Street SW Monthly Cost
7727 146th Street SW Market Data
Based on the last 30 days in this zip code
7727 146th Street SW History
| Date | Value | Agent |
|---|---|---|
| 3/20/2026Source: NWMLS | $399,950 -20.0% |
|
| 3/12/2026Source: NWMLS | $499,950 -16.7% |
|
| 2/12/2026Source: NWMLS | February 12, 2026 |












