8524 8544 S Tacoma Way, Lakewood, WA 98499 | MLS #NWM2533353 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Global Real Estate ExpressNWMLSas Distributed by MLSGrid- MLS# NWM2533353MLS Provider

8524 8544 S Tacoma WayLakewood, WA 98499

Commercial · 0.48 Acres
$2,300,000 Active

8524 8544 S Tacoma Way Overview

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Remarkable mixed used rental income property in South Tacoma Way Lakewood. Great mix of residential and commercial tenants for rental income. Located in the privately near South Tacoma. This has been an owner owned property with their business. Well maintained and good tenants. The house classified as single family residence but with multifamily rental permit approved by City of Lakewood.

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8524 8544 S Tacoma Way Facts & Features

  • Type Commercial
  • Lot 0.48 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 3600
  • Electric Expense: 2160
  • Gross Scheduled Income: 155213
  • Insurance Expense: 5298
  • Net Operating Income: 127465
  • Total Expenses: 27748
  • Water/Sewer/Garbage: 6536

Building Information

  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 36 - Lakewood
  • Subdivision Name: Lakewood

Tax Information

  • Tax Annual Amount: $10,154.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 7900000063
  • Possible Use: Commercial
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 7271
  • 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
  • Flooring: Laminate, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 19
  • Parking Uncovered Total: 18

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.4848
  • Lot Size Square Feet: 21119
  • Lot Size Units: Square Feet
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Covered Spaces: 1
  • Number Of Units Total: 7
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Unit Type: 1 Bed 1 Bath
  • Actual Rent: 1000

Unit 5 Details

  • Unit Type: 2 Bed 1 Bath (Share)
  • Actual Rent: 1600

Unit 1 Details

  • Unit Type: 2 Bed 1 Bath
  • Actual Rent: 1984

Unit 2 Details

  • Unit Type: 3 Bed 1Bath
  • Actual Rent: 2500

Unit 4 Details

  • Unit Type: 3 Bed 1 Bath
  • Actual Rent: 1700

Unit 6 Details

  • Unit Type: Medical Office
  • Actual Rent: 1150

Unit 7 Details

  • Unit Type: Office
  • Actual Rent: 3000

8524 8544 S Tacoma Way Neighborhood

Community

98499 (Lakewood) Demographics

33
Median Age
3,254
Population Density (per sq. mile)
30%
College Educated
$50,037
Estimated Median Income
4,435
Estimated Total Home Owners
8,688
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

8524 8544 S Tacoma Way Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8524 8544 S Tacoma Way Market Data

Based on the last 30 days in this zip code

$633,602
Average List Price
$301
Average Price per Square Foot
17
Properties Sold
72
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

8524 8544 S Tacoma Way History

Date Event Value Agent
6/1/2026Source: NWMLS Added to Database
June 01, 2026