Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. A new roof has been installed on the south portion of the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.
Listing Provided Courtesy of Robert Laing, Engel & Voelkers Seattle DT
General Information
NWM2468356
Multi Family
185
DOM
0.81 acres
14063
1989
Multi-F
Pierce
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Robert Laing, Engel & Voelkers Seattle DT
Krishna Realty data last checked: Feb 22, 2026 06:34 | Listing last modified Jan 16, 2026 16:02,
Source:
Download our Mobile app
Residence Information
14063
Composition, Torch Down
56 - 10+ Units
1989
Poured Concrete
Coin Op Laundry
Features and Utilities
Wood Products
Public
Sewer Connected
0
Financial
0
Cash Out, Conventional
01-15-2026
Comparable Information
185
185
Cash Out, Conventional
$3,449,000
$3,449,000
Jan 16, 2026 16:02
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor, well suited for an investor focused on renovation completion, lease-up, and long-term income growth. The property consists of three buildings totaling 21 units. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with additional units in various stages of renovation. A new roof has been installed on the south portion of the property. The third building is a three-story structure built in 1989 with nine spacious two-bedroom units. The property offers on-site laundry and ample parking and is conveniently located near retail, dining, transit, and daily services.
