Renfrew Report… Living and Investment are merging into 1 smart opportunity!
What Makes This Lakewood Property Stand Out? Location, Flexibility, and Opportunity
By Arron Renfrew | Asset Manager | Renfrew Team | AUM Real Estate
When I evaluate a property, I’m not just looking at what it is today—I’m looking at what it can become. And that’s exactly why the home at 6522 Steilacoom Blvd SW in Lakewood stands out from the competition.
This isn’t just another residential listing. It’s a property that sits at the intersection of location, flexibility, and future potential—and in today’s market, that combination is where real opportunity lives.
📍 Location That Works for You (and Your Tenants or Clients)
Let’s start with the obvious advantage: Steilacoom Blvd SW.
This is one of Lakewood’s primary arterial corridors, connecting you directly to:
Tacoma
University Place
Steilacoom
That kind of connectivity matters. Whether you’re thinking about rental income or running a business, visibility and access drive value.
For tenants, it means:
Easier commutes
Better access to jobs, schools, and services
Higher long-term desirability
For business use, it means:
Built-in traffic flow
Easy-to-find location
A professional presence without paying full commercial lease rates
🏡 Not Just a Home—A Flexible Asset
One of the biggest shifts happening in real estate right now is the move away from “single-purpose” properties.
This property benefits from evolving zoning laws in Washington that allow for more flexibility than ever before.
Here’s what that means in practical terms:
✔ Rental Potential
Strong candidate for long-term rental due to location
Desirable for tenants who need central access
Potential to maximize income with smart positioning
✔ Home-Based Business Opportunity
As someone who understands how important overhead is, I see real value here.
You can:
Operate a professional office (real estate, consulting, etc.)
Meet clients in a controlled, low-impact environment
Build your brand without the burden of commercial rent
This is especially powerful for entrepreneurs who want control over their workspace and expenses.
🔧 Room to Add Value Over Time
While I always focus on immediate usability, I also look at long-term upside.
Properties like this—on arterial roads in growing markets—often present opportunities such as:
Adding additional living space or units (where allowed)
Creating a more intentional live/work setup
Positioning for future redevelopment or rezoning trends
You don’t have to do everything on day one. But having those options? That’s where smart investing starts.
🧠 Why This Property Stands Apart
Most listings fall into one of two categories:
Purely residential
Purely investment
This one sits right in the middle—and that’s exactly why it stands out.
It offers:
Location that drives demand
Flexibility that supports multiple strategies
Opportunity to evolve with the market
Whether you’re an investor, a business owner, or someone looking to offset your living costs, this property gives you options—and in real estate, options are leverage.
💬 Final Thoughts
I don’t believe in one-size-fits-all real estate. The best properties are the ones that can adapt to your goals.
6522 Steilacoom Blvd SW is one of those properties.
If you’re thinking beyond the traditional “buy and live” model—and instead looking at income, flexibility, and long-term positioning—this is the kind of asset you should be paying attention to.
If you want to talk strategy, rental projections, or how to position a property like this in today’s market, I’m always available.
Check it out! https://listings.realbird.com/A6E4B9B9/647519.aspx
—Arron Renfrew
Asset Manager | Renfrew Team | AUM Real Estate
