$2,999,999
 $16,105 est/mo Sourced by Back At You

7603 Pacific Avenue,Tacoma, WA 98408

Tacoma, WA 98408

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Description

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. All three buildings have been repainted recently. New roofs have also been installed on the two single-story buildings on 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.

Details

MLS #2468356
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1989
Days On Site235
Listing Provided ByEngel & Voelkers Seattle DT | Robert Laing

Features

SQ Feet14,063
Story(s)2
Units21
ZoningMulti-Family
Acreage0.81

Area Information

StateWA
CountyPierce
CityTacoma
Zip Code98408
Area50 South Tacoma
Community NameTacoma
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Tacoma)
Price:
$2,999,999
low | high
Med:
$499,999
100% of Average
sqft:
14,063
low | high
Med:
1,356
100% of Average
$ / sqft:
$213
low | high
Med:
$369
22.848777798167% of Average
On site:
235
low | high
Med:
206
100% of Average
Sourced by Back At You

Market Activity 98408

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Learn More About This Property

StateWA
CountyPierce
CityTacoma
Zip Code98408
Area50 South Tacoma
Community NameTacoma
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Tacoma)
Price:
$2,999,999
low | high
Med:
$499,999
100% of Average
sqft:
14,063
low | high
Med:
1,356
100% of Average
$ / sqft:
$213
low | high
Med:
$369
22.848777798167% of Average
On site:
235
low | high
Med:
206
100% of Average
Sourced by Back At You
Listing Updated: August 6, 2026 at 5:53:23 PM PDT