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$2,137,500
12 Days On Site

8303 John Dower Road SW
Lakewood, WA 98499

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,066
SqFt
$352
/SqFt
1962
Built
Cumulative Days On Market:
53
Subdivision:
Lakewood
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Tamara Paul of RE/MAX Northwest
Call Now: (408) 868-2620
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(408) 868-2620
8303 John Dower Road SW8303 John Dower Road SW8303 John Dower Road SW8303 John Dower Road SW
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**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

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Listing Snapshot
Price 
$2,137,500
Days On Site 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,066 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6198 Acres
Year Built 
1962
MLS® Number 
2555633
Status 
Active
Property Tax 
$12,656
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.6198
Additional Property Use 
Multi-Family
Foundation 
Slab
Number Of Stories 
1
Parking Spaces 
10
Property Sub Type 
Multi Family
SqFt Total 
6066
Utilities 
Sewer Connected
Water Source 
Public
Zoning 
Multi-Family
Interior Features
Flooring 
LaminateCarpet
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Corner LotPaved
Roof 
Composition
View 
Territorial
Waterview 
Territorial
Community Features
Financing Terms Available 
CashConventional
MLS Area 
37 - Lakewood
School District 
Lakewood
Schools
School District
Lakewood
Elementary School
Buyer To Verify
Middle School
Lakewood Mid
High School
Lakewood High
Courtesy of NWMLS
Listing courtesy of Tamara Paul of RE/MAX Northwest



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the broker or MLS Grid. 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.
Last checked: 2026-07-26 09:45 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

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