6148 88 Street SW, Lakewood, WA 98499 (MLS # 2492286)
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Listing provided courtesy of Northwest MLS; Coldwell Banker Bain
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Prime Lakewood opportunity offering flexibility, income potential, and long-term upside! This well-maintained 3-bedroom, 2-bath home spans approximately 1,100 sq ft and presents immediate rental, owner-occupant, or light value-add potential. Existing improvements include updated appliances, custom cabinetry, and functional living spaces, creating a comfortable and move-in-ready environment with room to personalize. Situated on a generous lot with a large storage area, the property offers excellent flexibility for outdoor use, expansion, or future development. Zoning allows for up to three units (buyer to verify), making it an ideal option for builders, investors, or buyers seeking to maximize long-term value. Unique opportunity to purchase alongside neighboring property, creating a potential multi-home or multi-unit setup. Ideal for owner-occupants exploring a "live in one, rent the other" strategy, multi-generational living, or investors looking to expand their portfolio with side-by-side assets. Located in a high-demand rental corridor near JBLM with easy access to I-5, shopping, and dining, this property is well-positioned for strong rental performance, appreciation, and future growth.
| LAST UPDATED | 3/20/2026 | TRACT | Lakewood |
|---|---|---|---|
| YEAR BUILT | 1966 | COMMUNITY | Lakewood |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 36 - Lakewood |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, Wall Furnace |
| LOT | 6534 sq ft |
| MLS STATUS | Active |
| PARKING | None |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Lakewood |
| TAXES | 3447 |
| UTILITIES | Sewer Connected |
| WATER | See Remarks |
TOTAL MONTHLY PAYMENT
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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 4/5/26 5:58 AM PDT. 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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