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$550,000

  • For Sale
  • Active
  • Multi-Family

Listed by Chris McGinnis | Gateway Real Estate | (253) 904-1500

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An excellent property in Lakewood, producing steady rental income. Both units are currently occupied, Each unit is approximately 800 sqft, have 2 Bedrooms 1 bath, washer & dryer in each unit. They offer functional layouts, covered parking, storage, and easy access to shopping, restaurants, JBLM, I-5 and other amenities making it an attractive option for tenants. Whether you're expanding your portfolio or looking for your first investment property, this duplex has reliable cash flow in a desirable location.

Full Property Details for 5627 112th St SW

General

  • Price: $550,000
  • Taxes: $4,369 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2460846
  • Updated: 12/18/2025
  • Added to Site: 33 day(s) ago

Parking

  • Carport Spaces: 2

Location

  • Area: 40 - Lakewood
  • County: Pierce
  • Subdivision: Lakewood
  • Driving Directions: Use GPS - 5627 112th St SW Lakewood

School Information

  • High School District: Clover Park

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood Products
  • Roof: Composition
  • Square Feet: 1,606
  • Year Built: 1957

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.1791
  • Lot Size (Sq. Ft.): 7,800
  • Lot Size Source: Public Record

Financial Considerations

  • Tax Amount: $4,369
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 6675000140

Listed by Chris McGinnis | Gateway Real Estate | (253) 904-1500

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5627 112th St SW

School District:Clover Park School District
NameGradesDistance
Tyee Park Elementary School
11920 Seminole Road Southwest, Lakewood, WA 98499
K-50.5 mi
Lochburn Middle School
5431 Steilacoom Boulevard Southwest, Lakewood, WA 98499
6-81.6 mi
Clover Park High School
11023 Gravelly LK DR SW, Lakewood, WA 98499
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5627 112th St SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/17/2025
Listed
$550,000
255.48%
MLS
6/23/2014
Sold
$154,719
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5627 112th St SW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,336
2%
$393,800
2%
2024
$4,251
3%
$387,900
-2%
2023
$4,144
8%
$394,800
22%
2022
$3,842
8%
$323,100
21%
2021
$3,552
5%
$267,700
9%
2020
$3,374
17%
$245,100
13%
2018
$2,890
—
$216,300
12%
2018
$2,890
19%
$192,600
25%
2017
$2,422
9%
$154,500
10%
2016
$2,220
3%
$140,100
7%
2014
$2,150
—
$131,400
3%
2014
$2,150
—
$127,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5627 112th St SW

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Listed by Chris McGinnis | Gateway Real Estate | (253) 904-1500

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Sold by Non Member ZDefault | ZNonMember-Office-MLS

5627 112th Street SW, Lakewood, WA 98499 (MLS# 2460846) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 5627 112th Street SW is currently listed for $550,000 and was received on December 17, 2025. Want to learn more about 5627 112th Street SW? Do you have questions about finding other Multi-Family real estate for sale in Lakewood? You can browse all Lakewood real estate or contact a Coldwell Banker agent to request more information.

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