$325,000
 $1,745 est/mo Sourced by Back At You

14507 Woodlawn Street,Lakewood, WA 98498

Lakewood, WA 98498

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Description

Positioned across from Harry Todd Park and moments from American Lake, this 0.28-acre MF2-zoned parcel offers a compelling opportunity for a builder or investor seeking a head start on a four-unit concept. The current site plan depicts two attached two-unit buildings with garages, a shared access layout, proposed sewer connections and water meters. Predevelopment work includes engineered plans, structural calculations, soils and stormwater testing, and an active commercial sewer application for Building A. The mostly level, partially cleared lot is surrounded by established residential development with convenient access to schools, JBLM and I-5. Significant professional design and coordination provide a more developed starting point than a typical vacant parcel. Buyer to independently verify zoning, development feasibility, plans, approvals, utilities, costs and requirements.

Details

MLS #2556031
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site49
Listing Provided ByReal Broker LLC | Mark Martynovskiy

Features

ZoningMF2
Acreage0.28
Property ViewYes

Taxes

Property1421

Area Information

StateWA
CountyPierce
CityLakewood
Zip Code98498
Area41 Lakewood | Tillicum
Community NameAmerican Lake
School DistrictClover Park High
Elementary SchoolTillicum Elem
High SchoolClover Park High
Listing VS Median (in American Lake)
Price:
$325,000
low | high
Med:
$679,999
59.230461538462% of Average
On site:
49
low | high
Med:
158
31.012658227848% of Average
Sourced by Back At You

Market Activity 98498

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Based on information submitted to the MLS GRID as of September 8, 2026 at 9:14:26 AM PDT. All data is obtained from various sources and may not have been verified by 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.

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Learn More About This Property

StateWA
CountyPierce
CityLakewood
Zip Code98498
Area41 Lakewood | Tillicum
Community NameAmerican Lake
School DistrictClover Park High
Elementary SchoolTillicum Elem
High SchoolClover Park High
Listing VS Median (in American Lake)
Price:
$325,000
low | high
Med:
$679,999
59.230461538462% of Average
On site:
49
low | high
Med:
158
31.012658227848% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $243K - $406K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
14416 Portland Avenue Property Photo 1
$575,000
14416 Portland Avenue
Lakewood, WA 98498
14429 Portland Avenue Property Photo 1
$495,000
14429 Portland Avenue
Lakewood, WA 98498
4 Thornewood Lane Property Photo 1
$1,999,000
4 Thornewood Lane
Lakewood, WA 98498
Listing Updated: August 21, 2026 at 7:03:50 AM PDT