Listing provided courtesy of Engel & Voelkers Seattle DTNWMLSas Distributed by MLSGrid- MLS# NWM2468356
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Request Info7603 Pacific AvenueTacoma, WA 98408
Multi-Family · 30 Beds · 14,063 Sq. ft. | 0.81 Acres$3,399,000
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7603 Pacific Avenue Overview
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Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. A new roof has been installed on the south portion of the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.
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7603 Pacific Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 14,063
- Price/Sq.ft. $242
- Lot 0.81 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Tacoma
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
Income/Expenses
- Other Expense: 0
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 0
- Insurance Expense: 0
- Net Operating Income: 0
- Total Expenses: 0
- Total Monthly Income: 0
- Water/Sewer/Garbage: 0
Building Information
- New Construction: No
- Year Built: 1989
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 50 - South Tacoma
- Subdivision Name: Tacoma
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $0.00
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 785000660
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 14063
- Building Area Units: Square Feet
- Calculated Square Footage: 14063
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 14063
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 0
- Parking Uncovered Total: 0
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.8094
- Lot Size Square Feet: 35257
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition, Torch Down
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood Products
- Number Of Units Total: 21
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 6 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 11 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 12 Details
- Actual Rent: 0
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 14 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 15 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 16 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 17 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 18 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 19 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 20 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
Unit 21 Details
- Actual Rent: 0
- Beds Total: 2
- Baths Total: 1
7603 Pacific Avenue Neighborhood
Community
98408 (TACOMA) Demographics
37
Median Age
6,035
Population Density (per sq. mile)
32%
College Educated
$58,961
Estimated Median Income
4,817
Estimated Total Home Owners
3,163
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.7603 Pacific Avenue Monthly Cost
7603 Pacific Avenue Market Data
Based on the last 30 days in this zip code
$445,716
Average List Price
$274
Average Price per Square Foot
34
Properties Sold
49
Average Days on Market
71
Properties for Sale