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$7,600,000
28 Days On Site

10724 SW 109th Street
Tacoma, 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:
27
Subdivision:
Lakewood
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Coleton Pantley of COMPASS

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253-268-1714
10724 SW 109th Street10724 SW 109th Street10724 SW 109th Street10724 SW 109th Street
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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 
28 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
Recent Activity
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
4 weeks agoListing 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: 2025-04-02 06:29 PM PDT

Neighborhood & Commute
Source: Walkscore
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