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7603 Pacific Avenue, Tacoma, WA, 98408

30beds
21baths
14,063sqft
$3,449,000
$245price/sqft
$22,414/moest. monthly cost
$896,560/yrincome needed

About This Home

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.

Getting Around

66
WalkingSomewhat Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

5/10
5/10
Baker Middle SchoolGrades 6-80.7 mi
2/10
Mt Tahoma High SchoolGrades 9-123.2 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1989

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,Torch Down
  • Construction materials: Wood Products

Notable Dates

  • Major remodel year: 2002

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 30
  • Bathrooms: 21

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Baseboard,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 14,063
  • Total interior livable area: 14,063 sqft

Property

Details

  • Parcel number: 785000660
  • Zoning description: Multi-Family,Jurisdiction: City
  • Special condition: Standard

Lot

  • Lot size: 0.81 Acres