Listed by Robert Laing, Engel & Voelkers Seattle DT
- 4,876
- Square feet
- $308
- Per sq ft
- Multi Family
- Type
- 1942
- Year built
- 22,761 sq ft
- Lot
- 463
- Days on market
About this property
Value-add mixed-use multifamily opportunity along the Pacific Avenue corridor, suited for an investor focused on lease-up, income stabilization, and operational improvement. The property includes 10 residential units with street frontage featuring a minimart and convenience store component. The residential units offer upside through leasing activity, while the commercial frontage provides additional income potential along a high-traffic corridor. The property provides ample on-site parking and is conveniently located near major arterials and daily services. Well suited for an investor seeking steady income with incremental upside and long-term mixed-use flexibility.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Parkland area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2468619
- Listed
- January 16, 2026
- Days on market
- 463 (includes a prior listing period)
- Price per sq ft
- $308
- Original list price
- $1,849,000
Unit & building
- Stories in building
- 1
- Units in building
- 11
Construction
- Year built
- 1942
- Style
- 56 - 10+ Units
- Structure
- Multi Family
- Roof
- Composition
Heating & cooling
- Heating
- Baseboard
- Cooling
- None
- Energy source
- Electric
Flooring
- Flooring
- Laminate
Lot
- Lot size
- 22,761 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- TPU
- Sewer
- TPU
- Power
- TPU
Schools
- District
- Tacoma
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
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- Multi Family
- Composition
- Baseboard
- None
- Electric
- Laminate
- Cash
- Conventional
Listing history
Listed
$1,849,000
January 16, 2026
Current price
$1,499,999
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$8,735
- Principal & interest
- $7,585
- Property tax (est.)
- $1,150
Assumes $300,000 down (20%), a $1,199,999 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.