$1,950,000
For Sale

6807 6809 Lakewood DR SW

University Place, WA 98467
6720 sqft | 0.99 acres | #2327843
Listing OfficeBetter Properties Real Estate
Browse 15 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Upgraded a few years ago, the Meadow Park Court apartments are a 12-unit offering sitting on Lakewood Dr and across from the Meadow Park Golf Course. Resting on an approximate acre of centrally located real estate, Meadow Park Court is comprised of efficiently laid out 1-bedroom 1-bath units, holding modernized interior finishes. Inside you’ll find hard surface countertops, stainless steel appliance package, newer cabinets, newer LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded plumbing, electrical, roof, siding, and landscaping. Buyer to verify all information, including school district. 11 units are below market rent. All month to month tenants. Truly a gem!

  • Property Details
      • Exterior MaterialsStone, Wood Products
      • SubdivisionUniversity Place
      • Date ListedJanuary 31, 2025
      • FoundationPoured Concrete
      • Utility SourceIndividual Well
      • Elementary SchoolBuyer To Verify
      • Middle SchoolBuyer To Verify
      • High SchoolBuyer To Verify
      • Style56 - 10+ Units
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Sewer InformationSeptic Tank
      • Original List Price$1,950,000
      • Property ConditionVery Good
      • Taxes Annual$11,879
      • MLS #2327843
      • Cost1950000
      • MLS #2327843
      • Acres0.9921
      • School DistrictTacoma
      • CountyPierce
      • Lot DescriptionPaved
      • Square Feet6720
      • Year Built1957
      • Days on Market (Cumulative)36
      • Stories1
Caitlin SpenceReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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