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  • Listed by: 

    Coleton Pantley,

    COMPASS,

    Sean McConnell,

    COMPASS

    $7,275,000

    10724 SW 109th Street, Tacoma, WA 98498

    --beds
    --baths
    36,037sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $202/sqft
    $1,434 Estimated rent

    What's special

    Discover a high-value investment in Tacoma’s thriving Lakewood submarket. Arrowhead Park is a fully occupied, 42-unit complex featuring spacious one-, two-, and three-bedroom layouts. With easy access to major retail hubs, outdoor recreation, and top employers—including JBLM and the expanding South Sound healthcare sector—this property benefits from strong tenant demand and stable occupancy. Offering a solid 6.59% cap rate, Arrowhead Park presents a lucrative value-add opportunity with planned renovations poised to drive rental growth. Take advantage of Lakewood’s affordability and economic momentum—an ideal investment in a rising market.

    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 04:01am

    Listed by:

    Coleton Pantley,

    COMPASS,

    Sean McConnell,

    COMPASS

    Bought with:

    Coleton Pantley, 23020211

    COMPASS

    Source: NWMLS,MLS#: 2342171MLS Logo

    Facts & features

    Interior

    Heating
    • High Efficiency (Unspecified), Electric, Natural Gas
    Cooling
    • None
    Features
    • Flooring: Vinyl Plank, Carpet
    • Has fireplace: No
    Interior area
    • Total structure area: 36,037
    • Total interior livable area: 36,037 sqft

    Property

    Parking
    • Total spaces: 34
    • Parking features: Open
    • Carport spaces: 32
    • Uncovered spaces: 2
    Lot
    • Size: 3.19 Acres
    • Features: Open Lot, Paved, Deck, Fenced-Partially, High Speed Internet
    Details
    • Parcel number: 2255300030
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Metal/Vinyl
    • Roof: Composition
    Condition
    • Year built: 1965
    • Major remodel year: 1974

    Utilities & green energy

    • Sewer: Sewer Connected
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lakewood
    • Subdivision: Lakewood

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 66 days
    Services availability