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$535,000

5503 112th St SW Lakewood, WA 98499

2,026 sqft
0.3 acres
$264 / sqft
House

Property details

About 5503 112th St SW

Investment Opportunity! Discover this cash-flowing tri-plex on a spacious corner lot. Two units are currently occupied by long-term tenants, ensuring positive steady income. Features include on-site laundry facilities, 5 dedicated parking spots, and ample street parking. Conveniently located near I-5, Tacoma Mall, shopping, dining, & parks, this property offers a prime location for tenants. Dont miss this chance to secure a solid, income-generating property for your portfolio! Rents $2950. 2x1, 1x1, 0x1. 0x1 empty and remodeled for new owner or to be rented for 1k all util included for $3950 total rent.

Highlights

StatusActive
CoolingWall Unit(s)
Size2,026 sqft
Lot size0.2984 Acres
Year built1940
MLS #2312163

Summary

  • Exterior: Wood
  • Cooling: Wall Unit(s)
  • List Price: $535,000
  • Price/SqFt: $264
  • HOA Amount: $0
  • Annual Tax Amount: $4,846
  • Tax Year: 2024
  • Lot: Corner Lot, Paved
  • Directions: From I-5 South, take Exit 125 onto Bridgeport Way. Right onto Bridgeport Way SW, Left onto 112th St SW, Right onto 55th Ave SW. Home on Left.
  • Year Built: 1940
  • Stories: 2
  • Living Area: 2,026 SqFt
  • Lot Size: 0.2984 Acres
  • MLS Number: 2312163
  • MLS Name: NWMLS
  • Office Name: Pellego, Inc.
  • Office Phone: (425) 441-3180
  • Listing Agent: Shawn Darden

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 4:32:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Mar 03, 2023
Home Sold
$405,000
Feb 21, 2020
Home Sold
$290,000
Dec 10, 2019
Home Sold
$316,000

Tax history

YearAssessmentProperty Tax
2024$447,800$4,846
2023$476,700$4,934
2022$391,900$4,591
2021$318,600$4,164

History based on county public records data.

Nearby schools

3

Tyee Park Elementary School

Public District KG-5

0.5 mi

11920 Seminole Rd SW

4

Lakeview Hope Academy

Public District KG-5

0.6 mi

10501 47th Ave SW

2

Park Lodge Elementary School

Public District KG-5

0.9 mi

6300 100th St SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,862. The majority of Lakewood, WA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

46%
<35k
39%
35k-100k
14%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

53%
Single, No Kids
14%
Single, with Kids
22%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
25%
18-34 yrs old
43%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Pro BoxingPro Boxing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • PopeyesPopeyes
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • PontiacPontiac
  • DodgeDodge
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5503 112th St SW

The listing price of 5503 112th St SW property is $535,000.

The property 5503 112th St SW is a house located in Lakewood, Washington, 98499.

Active Listing: 5503 112th St SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5503 112th St SW are: Tyee Park Elementary School (GreatSchools Rating 3/10), Lakeview Hope Academy (GreatSchools Rating 4/10), Park Lodge Elementary School (GreatSchools Rating 2/10), Lochburn Middle School (GreatSchools Rating 2/10), Hudtloff Middle School (GreatSchools Rating 3/10), Thomas Middle School (GreatSchools Rating 3/10), Cpsd Open Doors Program (GreatSchools Rating 2/10), Clover Park High School (GreatSchools Rating 3/10), Harrison Preperatory School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $4,846 (source: MLS/based on county public records data).

The last sale was on March 3, 2023 for $405,000 (source: MLS/tax record).

The property at 5503 112th St SW has 0 bathroom.

The property 5503 112th St SW is 2,026 SqFt (source: MLS/tax record).

The year of construction for 5503 112th St SW is 1940.

This home is located at 5503 112th St SW in Lakewood, WA and zip code 98499 in the Paradise Park neighborhood. This 2,026 square foot home, which was built in 1940, sits on a 0.30 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $535,000.

Lakewood, WA housing market in June 2025 saw over 11 listings sold above listed price, more than 12 sold at listed price and over 16 sold below. The inventory of homes for sale in Lakewood, WA between May and June 2025 increased by 8.1%. Listings spent 26 days on the market in June 2025, and had a median list price of $514,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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