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$7,600,000
68 Days On Site
10724 SW 109th StreetTacoma, WA98498
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
36,037
SqFt
$211
/SqFt
1965
Built
Cumulative Days On Market:
67
Subdivision:
Lakewood
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS
Listing courtesy of Coleton Pantley of COMPASS




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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.
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Listing Snapshot
Price
$7,600,000
Days On Site
68 Days
Bedrooms
N/A
Inside Area (SqFt)
36,037 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.19 Acres
Year Built
1965
MLS® Number
2342171
Status
Active
Property Tax
$70,468
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
Comment
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Recent Activity
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active | |
2 months ago | Listing first seen on site |
General Features
Acres
3.19
Carport
32
Number Of Stories
1
Parking Spaces
34
Property Sub Type
Multi Family
SqFt Total
36037
Utilities
Sewer Connected
Water Source
Public
Interior Features
Flooring
CarpetVinyl
Heating
ElectricNatural Gas
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Exterior Features
Construction Details
Vinyl SidingMetal Siding
Lot Features
Paved
Patio And Porch
Deck
Roof
Composition
Community Features
Financing Terms Available
Conventional
MLS Area
40 - Lakewood
School District
Steilacoom Historica
Schools
School District
Steilacoom Historica
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-05-13 04:12 PM PDT
Listing courtesy of Coleton Pantley of COMPASS

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-05-13 04:12 PM PDT
Neighborhood & Commute
Source: Walkscore
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