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JRJeff ReynoldsCompass · Seattle

Listed by Robert Laing, Engel & Voelkers Seattle DT

4,876
Square feet
$369
Per sq ft
Multi Family
Type
1942
Year built
22,761 sq ft
Lot
373
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

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Directions

Property details

Listing details

Listing number
#2468619
Listed
January 16, 2026
Days on market
373 (includes a prior listing period)
Price per sq ft
$369
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

  1. Listed

    $1,849,000

    January 16, 2026

  2. Current price

    $1,799,000

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

$10,476

Principal & interest
$9,097
Property tax (est.)
$1,379

Assumes $359,800 down (20%), a $1,439,200 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 14, 2026 at 12:15 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.