Property Details

7603 Pacific Ave

Tacoma, WA 98408

$3,449,000

Available

CBA# 707207 courtesy of CBA Listing firm: Engel & Volkers Seattle Downtown

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Commercial

Property Type

14,063

Bldg Sq Ft

Units

1989

Year Built

Property Overview

Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor. The property consists of three buildings totaling 21 units, offering a mix of one- and two-bedroom units and a clear path for renovation completion and lease-up.The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with remaining units in various stages of renovation. A new roof has been installed on the south portion of the buildings. The third building, a three-story structure built in 1989, contains nine spacious two-bedroom units that support long-term tenant demand.The property offers on-site laundry and ample parking and is conveniently located near retail, transit, and daily services. Well suited for an investor focused on completing renovations, s