About this home

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

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Basics

Property type: Multi Family
Style: 10+ Units
Stories: 1 story
Condition: Average
Year built: 1942 (renovated 1985)
Building area: 4,876 sq ft
Lot size: 22,761 sq ft (0.52 acres)
County: Pierce
MLS #: NWM2468619

Interior

Heating: Baseboard
Cooling: None
Flooring: Laminate

Exterior & lot

Exterior features: Wood, Wood Products
Roof: Composition
Foundation: Poured Concrete
Waterfront: No

Utilities

Water: Public
Sewer: Sewer Connected
Power: Electric

Community & fees

Subdivision: Tacoma

Transaction

Original list price: $1,849,000 (18.9% price cut)
Listed on: Jan 16, 2026
Days on market: 441
Listing terms: Cash, Conventional
Possession: See Remarks, Subject To Tenant Rights

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Sale history

Earlier listings of this home on the MLS.

2017-04-28: Sold$595,000
2002-06-21: Sold$405,000

Schools

School district: Tacoma

Elementary: Buyer To Verify
Middle: Buyer To Verify
High: Washington High School
SchoolDigger 1 star · Top 77% in WA

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Listing provided courtesy of: Engel & Voelkers Seattle DT

Listing agent: Robert Laing.

Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-17.