Real Estate Investment Properties for Sale in Lakewood, WA

Looking for investment property in Lakewood, WA with high ROI ?

Explore a variety of short-term homes & houses in Lakewood, WA. Invest wisely with VRBO & Lakewood, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lakewood, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
10202 98th St SW Lakewood, WA 10202 98th St SW, Steilacoom, WA 98498 \| Single Family Residential	3 beds \| 2 baths \| 1,664 sq.ft.	$589,950	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.48% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.75% Traditional ROI: 1.48%
7501 Ruby Dr SW #I206 Lakewood, WA 7501 Ruby Dr SW #I206, University Place, WA 98498 \| Condo/Coop	2 beds \| 2 baths \| 1,196 sq.ft.	$325,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.15% Airbnb Rental Income: $1523 Traditional Rental Income: $1910 Airbnb ROI: -0.57% Traditional ROI: 2.15%
7822 76th Street SW Lakewood, WA Welcome to this beautiful 5bedroom home in Lakewood's coveted Oakbrook neighborhood. This ...	5 beds \| 3 baths \| 3,600 sq.ft.	$695,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $4616 Airbnb ROI: N/A Traditional ROI: 5%
9802 Onyx Dr SW Lakewood, WA 9802 Onyx Dr SW, Steilacoom, WA 98498 \| Single Family Residential	4 beds \| 3 baths \| 3,221 sq.ft.	$824,999	Airbnb cash on cash: 0.82% Traditional cash on cash: 1.97% Airbnb Rental Income: $2915 Traditional Rental Income: $3126 Airbnb ROI: 0.82% Traditional ROI: 1.97%
7501 Ruby Dr SW #H202 Lakewood, WA 7501 Ruby Dr SW #H202, University Place, WA 98498 \| Condo/Coop	2 beds \| 2 baths \| 1,196 sq.ft.	$314,999	Airbnb cash on cash: -0.54% Traditional cash on cash: 2.16% Airbnb Rental Income: $1523 Traditional Rental Income: $1938 Airbnb ROI: -0.54% Traditional ROI: 2.16%
8521 Zircon Dr SW #63 Lakewood, WA 8521 Zircon Dr SW #63, Lakewood, WA 98498 \| Condo/Coop	2 beds \| 2 baths \| 925 sq.ft.	$265,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.2% Airbnb Rental Income: $1523 Traditional Rental Income: $1780 Airbnb ROI: 0.4% Traditional ROI: 3.2%
9926 71st St SW Lakewood, WA 9926 71st St SW, Lakewood, WA 98498 \| Single Family Residential	4 beds \| 3 baths \| 2,960 sq.ft.	$1,100,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 0.99% Airbnb Rental Income: $2915 Traditional Rental Income: $3126 Airbnb ROI: 0.12% Traditional ROI: 0.99%
8712 Wildwood Ave SW Lakewood, WA 8712 Wildwood Ave SW, Lakewood, WA 98498 \| Single Family Residential	4 beds \| 2 baths \| 1,840 sq.ft.	$479,950	Airbnb cash on cash: 2.81% Traditional cash on cash: 4.78% Airbnb Rental Income: $2915 Traditional Rental Income: $3126 Airbnb ROI: 2.81% Traditional ROI: 4.78%
9832 American Ave SW Lakewood, WA 9832 American Ave SW, Lakewood, WA 98498 \| Single Family Residential	4 beds \| 3 baths \| 5,000 sq.ft.	$1,345,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 0.45% Airbnb Rental Income: $2915 Traditional Rental Income: $3126 Airbnb ROI: -0.26% Traditional ROI: 0.45%
8539 Zircon Dr SW #76 Lakewood, WA 8539 Zircon Dr SW #76, Lakewood, WA 98498 \| Condo/Coop	2 beds \| 2 baths \| 922 sq.ft.	$250,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.65% Airbnb Rental Income: $1523 Traditional Rental Income: $1449 Airbnb ROI: 0.09% Traditional ROI: 1.65%
9114 Thomas Ct SW Lakewood, WA 9114 Thomas Ct SW, Lakewood, WA 98498 \| Single Family Residential	3 beds \| 1 baths \| 1,788 sq.ft.	$473,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 2.33% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.45% Traditional ROI: 2.33%
11606 Military Rd SW Lakewood, WA 11606 Military Rd SW, Lakewood, WA 98498 \| Single Family Residential	3 beds \| 1 baths \| 895 sq.ft.	$415,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 2.92% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.24% Traditional ROI: 2.92%
7336 Steilacoom Blvd SW Lakewood, WA 7336 Steilacoom Blvd SW, Lakewood, WA 98499 \| Condo/Coop	3 beds \| 3 baths \| 2,020 sq.ft.	$720,000	Airbnb cash on cash: -3.18% Traditional cash on cash: -1.35% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -3.18% Traditional ROI: -1.35%
7223 65th Ave W Lakewood, WA 7223 65th Ave W, Lakewood, WA 98499 \| Single Family Residential	3 beds \| 2 baths \| 2,501 sq.ft.	$838,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 1.64% Airbnb Rental Income: $1147 Traditional Rental Income: $2940 Airbnb ROI: -1.14% Traditional ROI: 1.64%
9035 Carol Ave S Lakewood, WA 9035 Carol Ave S, Lakewood, WA 98499 \| Single Family Residential	3 beds \| 2 baths \| 1,309 sq.ft.	$465,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 2.4% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.42% Traditional ROI: 2.4%
9022 Lorraine Ave S Lakewood, WA 9022 Lorraine Ave S, Lakewood, WA 98499 \| Single Family Residential	3 beds \| 2 baths \| 1,037 sq.ft.	$461,500	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.43% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.41% Traditional ROI: 2.43%
4924 Diamond Blvd Lakewood, WA 4924 Diamond Blvd, Lakewood, WA 98499 \| Single Family Residential	3 beds \| 1 baths \| 1,081 sq.ft.	$399,950	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.08% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.19% Traditional ROI: 3.08%
13059 Pacific Hwy SW #C Lakewood, WA 13059 Pacific Hwy SW #C, Lakewood, WA 98499 \| Townhouse	2 beds \| 1 baths \| 972 sq.ft.	$289,950	Airbnb cash on cash: 0.42% Traditional cash on cash: 1.77% Airbnb Rental Income: $1523 Traditional Rental Income: $1449 Airbnb ROI: 0.42% Traditional ROI: 1.77%
5701 79th St SW Lakewood, WA 5701 79th St SW, Lakewood, WA 98499 \| Single Family Residential	4 beds \| 2 baths \| 1,640 sq.ft.	$529,999	Airbnb cash on cash: 2.36% Traditional cash on cash: 4.15% Airbnb Rental Income: $2915 Traditional Rental Income: $3126 Airbnb ROI: 2.36% Traditional ROI: 4.15%
12527 Glenwood Ave SW Lakewood, WA 12527 Glenwood Ave SW, Lakewood, WA 98499 \| Single Family Residential	3 beds \| 2 baths \| 1,860 sq.ft.	$625,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 1.29% Airbnb Rental Income: $1147 Traditional Rental Income: $1995 Airbnb ROI: -0.82% Traditional ROI: 1.29%

Real Estate investment in Lakewood, WA

There are 22 properties for sale in the city of Lakewood . The median list price in Lakewood is $520,000 and the average price per square foot is $262. In March 2026, the average monthly cash on cash return in Lakewood is 3.00%. The average monthly rental income in Lakewood is $2,282.

Lakewood, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Lakewood.

In 2026, the best neighborhood to buy investment property is McChord AFB.

The ROI for Short-Term is higher than the Long-Term in Lakewood with average rental income of $1,402.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, WA

10202 98th St SW

Lakewood, WA

3 beds | 2 baths | 1,664 sq.ft.

$589,950

Airbnb cash on cash: -0.75%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $1147

Traditional Rental Income: $1995

Airbnb ROI: -0.75%

Traditional ROI: 1.48%

7501 Ruby Dr SW #I206

Lakewood, WA

2 beds | 2 baths | 1,196 sq.ft.

$325,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 2.15%

Airbnb Rental Income: $1523

Traditional Rental Income: $1910

Airbnb ROI: -0.57%

Traditional ROI: 2.15%

7822 76th Street SW

Lakewood, WA

5 beds | 3 baths | 3,600 sq.ft.

$695,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5%

Airbnb Rental Income: $null

Traditional Rental Income: $4616

Airbnb ROI: N/A

Traditional ROI: 5%

9802 Onyx Dr SW

Lakewood, WA

4 beds | 3 baths | 3,221 sq.ft.

$824,999

Airbnb cash on cash: 0.82%

Traditional cash on cash: 1.97%

Airbnb Rental Income: $2915

Traditional Rental Income: $3126

Airbnb ROI: 0.82%

Traditional ROI: 1.97%

7501 Ruby Dr SW #H202

Lakewood, WA

2 beds | 2 baths | 1,196 sq.ft.

$314,999

Airbnb cash on cash: -0.54%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1523

Traditional Rental Income: $1938

Airbnb ROI: -0.54%

Traditional ROI: 2.16%

8521 Zircon Dr SW #63

Lakewood, WA

2 beds | 2 baths | 925 sq.ft.

$265,000

Airbnb cash on cash: 0.4%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $1523

Traditional Rental Income: $1780

Airbnb ROI: 0.4%

Traditional ROI: 3.2%

9926 71st St SW

Lakewood, WA

4 beds | 3 baths | 2,960 sq.ft.

$1,100,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 0.99%

Airbnb Rental Income: $2915

Traditional Rental Income: $3126

Airbnb ROI: 0.12%

Traditional ROI: 0.99%

8712 Wildwood Ave SW

Lakewood, WA

4 beds | 2 baths | 1,840 sq.ft.

$479,950

Airbnb cash on cash: 2.81%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $2915

Traditional Rental Income: $3126

Airbnb ROI: 2.81%