Listed by John L. Scott R.E. Lake Tapps
$2,198,000

Estimated payment $14,151/month

Total Views 3,723
13 Beds
10 Baths
4,876 Sq Ft
$451 Price per Sq Ft

Highlights

  • 0.52 Acre Lot
  • Baseboard Heating
  • 1-Story Property
  • No HOA
  • Wood Siding

About This Home

Prime Pacific Avenue location! This unique investment property features 10 multifamily units. Frontage features a minimart grocery and convenience store. The two renovated homes in the back offer a fantastic living opportunity. Live in one while operating the grocery business just steps away! Thousands of daily commuters pass by with easy access to 512 Freeway at 112th & Pacific. Ample parking available. Long-term tenants with zero vacancies make this an ideal, hassle-free investment. This commercial property offers great potential for long-term appreciation, steady rental income, and the option to operate your own business. It’s a strong investment in one of Tacoma’s most active corridors.

Listing Agent

Derek Eyring

John L. Scott R.E. Lake Tapps License #11899 Listed on: 06/20/2025

John L. Scott R.E. Lake Tapps

Co-Listing Agent

Francie Zanuzoski

John L. Scott R.E.Tacoma North License #5079

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2390717

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 0.52 Acre Lot
  • Property is in average condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,876 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Bathrooms

Parking

  • 20 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Tacoma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0319042103

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1942
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4876
  • Special Features: None
  • Cumulative Days on Market: 74

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 13
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: TPU
  • SewerCompany: TPU
  • WaterCompany: City of Tacoma
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Tacoma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0319042103
  • Lot Size Acres: 0.5225
  • Lot Size Sq Ft: 22761
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2025

Multi Family

  • Number Of Units Total: 11
  • Leasable Area: 4876
  • EnergySource: Electric
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $2,198,000 +269.4% $451 / Sq Ft
04/28/2017 04/28/17 Sold $595,000 0.0% $122 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $595,000 0.0% $122 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $595,000 -- $122 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Similar Homes in Tacoma, WA

  • 301 S 82nd St, Tacoma, WA 98408

    $1,850,000

    • 13 Beds
    • 9 Baths
    • 6,696 Sq Ft
    • 301 S 82nd St
    • Tacoma, WA

    The Alana Apartments present a rare opportunity to acquire a fully renovated 9-unit multifamily property in Tacoma. This turnkey asset features modern interiors with vinyl plank flooring, quartz countertops, new cabinetry, and upgraded fixtures, including brand-new water heaters. Exterior upgrades include fresh paint, updated railings and decking, brand-new exterior doors, a new main electrical

    Marcus Williams Windermere R E Mount Baker

    Section Image
  • 5404 S M St, Tacoma, WA 98408

    $1,895,000

    • 12 Beds
    • 10 Baths
    • 7,889 Sq Ft
    • 5404 S M St
    • Tacoma, WA

    Gorgeous 1-level brick garden-style 10 plex. All units have front and back doors and open onto the courtyard. All units have been fully renovated with new white kitchen cabinets, quartz counters, undermount sinks, microwaves and stainless appliances. Updated bathrooms with tile surrounds. All units updated with their own electric meter and wall heat. Original hardwood floors through-out most of

    Stacey Brower KW Greater Seattle

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2390717

Northwest Multiple Listing Service (NWMLS)