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$425,000

Listing Price

3beds

1baths

1,001sqft

5,877sqft lot

6148 88th Street Sw, Lakewood, WA 98499

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

424.58

Price / sqft

1947

Year built

Home Details

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.

Interior Details

Square Feet
  • 1001

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Baseboard

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5877

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,663

$116,600

$101,900

--%

$218,500

2020

$2,663

$101,100

$92,500

--%

$193,600

2018

$2,298

$80,300

$94,300

--%

$174,600

2018

$2,298

$64,200

$89,100

--%

$153,300

2017

$2,154

$55,100

$83,100

--%

$138,200

2014

$1,710

$40,000

$72,800

--%

$112,800

2014

$1,710

$36,100

$65,300

--%

$101,400

2012

$1,816

$33,800

$64,300

--%

$98,100

percent-home-icon

Average Home Price in 98499

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Bed

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Sold Date

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3 Beds

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$389,459

2 Beds

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Sold 10/06/2026

$377,757

3 Beds

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Sold 10/06/2026

$460,000

2 Beds

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Sold 10/05/2026

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3 Beds

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Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
425,000
$
Down payment
85,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,550
$
HOA (Monthly)
0
$
PMI
0
$
$2,751
Your Payment
Total Monthly Payment:$2,751
Percent of Income:47%
Affordable:No

Details for 6148 88TH ST SW

Property Debt

Foreclosure Contact Details