$395,000
Est. $2,001/mo3 bd•1.5 ba•1,100 sq ft
6148 88 Street Sw, Lakewood, WA 98499
• Listed 2026-03-20•1 day on market
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Based on information submitted to the MLS GRID as of June 11, 2026 at 08:42pm (date and time MLS GRID Data was obtained). 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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Prime Lakewood opportunity offering flexibility, income potential, and long-term upside! This well-maintained 3-bedroom, 2-bath home spans approximately 1,100 sq ft and presents immediate rental, owner-occupant, or light value-add potential. Existing improvements include updated appliances, custom cabinetry, and functional living spaces, creating a comfortable and move-in-ready environment with room to personalize. Situated on a generous lot with a large storage area, the property offers excellent flexibility for outdoor use, expansion, or future development. Zoning allows for up to three units (buyer to verify), making it an ideal option for builders, investors, or buyers seeking to maximize long-term value. Unique opportunity to purchase alongside neighboring property, creating a potential multi-home or multi-unit setup. Ideal for owner-occupants exploring a “live in one, rent the other” strategy, multi-generational living, or investors looking to expand their portfolio with side-by-side assets. Located in a high-demand rental corridor near JBLM with easy access to I-5, shopping, and dining, this property is well-positioned for strong rental performance, appreciation, and future growth.
Listed by Natalie Sutey • Coldwell Banker Bain
Listing updated: June 11, 2026 at 08:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2492286
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Sun, Jun 14
Open Sun, Jun 14$378,000
-$17,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $415K and $495K.
Rental earnings
$1,125/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$430,000Last sold price
29 Lakewood Oaks Drive Sw, Lakewood, WA 98499
$495,000Last sold price
1 Lakewood Oaks Drive Sw, Lakewood, WA 98499
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
6148 88 Street Sw, Lakewood, WA 98499
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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Lakewood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
$675,000 Sold
1 day ago
4 bd•1 ba•~2,116 sq ft•Single Family
8505 Bridgeport Way Sw, Lakewood, WA 98499
0%
Over list
—
Days on market
0.2 mi
Distance
$460,000 Sold
2 days ago
3 bd•1 ba•~1,217 sq ft•Single Family
8801 Sw Custer Road, Lakewood, WA 98499
2%
Over list
—
Days on market
0.3 mi
Distance
$1,560,000 Sold
1 week ago
5 bd•2 ba•~4,495 sq ft•Single Family
9144 Edgewater Drive Sw, Lakewood, WA 98499
8%
Under list
—
Days on market
0.7 mi
Distance
$600,000 Sold
2 weeks ago
3 bd•2.5 ba•~1,949 sq ft•Single Family
6716 Mt Tacoma Drive Sw, Lakewood, WA 98499
0%
Over list
—
Days on market
0.6 mi
Distance
$460,000 Sold
2 weeks ago
3 bd•2 ba•~1,277 sq ft•Single Family
33 Lakewood Oaks Drive Sw, Lakewood, WA 98499
0%
Over list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Lakewood School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
