Properties Recently Sold

Orchard Apartments

Orchard Apartments
8324 Orchard Street SW, Lakewood, WA

Foundation Group is pleased to offer for sale the Orchard Apartments. This asset is comprised of two properties, a 5-unit built in 1925 & a 1960’s duplex located on a large 18,400 SF lot in the Tillicum suburb of Lakewood, Washington. The duplex, which consists of two 1bed/1bath units, has undergone a full renovation to both the interiors, washer/dryer hookups, new double-pane window package and a new roof which was installed in 2021.

The 5-unit is made up of four 1bed/1bath and one 2bed/1bath unit. Four of the five units were fully renovated in 2021 and had all new electrical panels installed in 2019. A new owner can capitalize by pushing rents up to market levels and renting out the large 3,000 SF fenced-in portion of the property for additional income.


Listing Agents

Erich Bubbel
P: 206.339.3285
E: Email Erich

Seattle Commercial Real Estate Brokerage With a Difference!