9315 Veterans Drive SW, Lakewood, WA 98498 (MLS # 2563414)

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Listing provided courtesy of Northwest MLS; NWC-KV LLC

PRICE $559,000
BEDS 0
BATHS 0
HOME SIZE 1,900 sqft
LOT SIZE 17,002 sqft
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Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch, this property features two duplexes comprised of four one-bedroom, one-bath units. Two units enjoy peekaboo views of American Lake, while the generous lot provides abundant parking, or boat / trailer storage. With strong rental appeal, a highly desirable recreational setting, and potential for future redevelopment (buyer to verify), this property offers a unique combination of current cash flow and long-term upside. Conveniently located near JBLM, shopping, dining, Laundromat and major commuter routes, this is a rare opportunity to own a multifamily asset in one of Lakewood's most sought-after locations. M2M Renter in Unit C would like to renew his Lease.

LAST UPDATED 8/1/2026 TRACT American Lake
YEAR BUILT 1924 COMMUNITY American Lake
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AIR None
AREA 38 - Lakewood
CONSTRUCTION Wood Siding
HEAT Baseboard, Electric
LOT 0.3903 acre(s)
MLS STATUS Active
STORIES 1
STYLE 54 - 4-Plex
SUBDIVISION American Lake
TAXES 6059
UTILITIES Sewer Connected
WATER Public

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Properties with the Logo 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 8/2/26 4:43 PM 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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