John Traweek
  • Office - 206.932.4500
  • Cell - 206.949.5980

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Listing provided courtesy of Every Door Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2541782MLS Provider

5607 76th Street WLakewood, WA 98499

Multi-Family · 8 Beds · 2,848 Sq. ft. | 0.21 Acres
$1,029,000 Active

5607 76th Street W Overview

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Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

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5607 76th Street W Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,848
  • Price/Sq.ft. $361
  • Lot 0.21 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Lakewood

Income/Expenses

  • Other Expense: 2000
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 85800
  • Insurance Expense: 2000
  • Net Operating Income: 62800
  • Total Expenses: 23000.3
  • Total Monthly Income: 7150
  • Water/Sewer/Garbage: 9289.02

Building Information

  • New Construction: No
  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 37 - Lakewood
  • Subdivision Name: Lakewood

Community/Development

  • Amenities: See Remarks

Tax Information

  • Tax Annual Amount: $9,711.28
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 3905000093
  • Possible Use: Residential
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2848
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2848
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Heating: Yes
  • Leasable Area: 2884
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 8
  • Parking Uncovered Total: 8

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.2066
  • Lot Size Square Feet: 9000
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement Planked
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1750
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1800
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1800
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1800
  • Beds Total: 2
  • Baths Total: 1

5607 76th Street W 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.

5607 76th Street W 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.

5607 76th Street W 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

5607 76th Street W History

Date Event Value Agent
6/18/2026Source: NWMLS Added to Database
June 18, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021