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Provided by NWMLS, Listed by COMPASS

Sold

10724 SW 109th Street

10724 SW 109th Street, Tacoma, WA 98498

$7,275,000

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.

Studio

36,037 Sq.Ft. LIVING AREA

3.19 Acres lot

Features & Amenities

Interior

total bedrooms0
Flooring Vinyl Plank, Carpet

Area & Lot

Status Sold
Date Sold May 30, 2025
Living Area36,037 Sq.Ft.
Total Area36,037 Sq.Ft.
Lot Area3.19 Acres
MLS® ID2342171
TypeMulti-Family
YEAR BUILT1965
Elementary SchoolBuyer To Verify
Middle SchoolBuyer To Verify
High SchoolBuyer To Verify
School DistrictSteilacoom Historica

Exterior

STORIES1
water SourcePublic
roofComposition
lot featuresOpen Space, Paved
HEAT TYPEHigh Efficiency (Unspecified)
AIR CONDITIONINGNone
sewerSewer Connected
security FeaturesPartially Fenced
other exterior FeaturesMetal/Vinyl

Financial

Sales Price$7,275,000
Real Estate Tax $70,468/yr

Ready to Help

I approach real estate as a responsibility, not a transaction. I take the time to truly understand your goals, guide you with clear strategy, and advocate for you with focus and care. Known for my calm presence and strong negotiation skills, I help clients navigate Seattle’s competitive market feeling informed, protected, and confident from start to finish.

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