218 3rd Avenue SW
Pacific, WA 98047
- – beds
- – baths
- 2,492 sqft
- 12,000 sqft lot
- $381 per sqft
- 2018 build
SELLER FINANCING! Seller will finance up to 75% of the purchase price at 5.5% interest-only for up to 5 years. Renovated 4-plex in Pacific, WA featuring four 2 bed / 1 bath units with updated interiors, including new cabinets, appliances, countertops, flooring, paint, and trim. Built in 1984, the building is well maintained and includes brand new commercial laundry, off-street parking for 8 vehicles, and a private, landscaped yard space for tenant use. Current rents average $1,394 per unit plus a $150 utility fee. Located on a quiet residential street with convenient access to Hwy 167, Auburn, Sumner, and nearby employers. A great fit for both investors seeking solid cash flow and buyers looking to live in one unit while renting the others.
Last checked:
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Checking…
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Last updated Apr 21, 2025
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MLS# 2354811 —
The Building
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Year Built:1984
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Year Built:2018
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Roof:Composition
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Foundation Details:Poured Concrete
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Exterior Features:Wood
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Units In Building Total:4
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# of Units Total:4
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Stories Total:1
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Building Area Total:2492
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Building Area Units:Square Feet
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Calculated SqFt:2492
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Construction Materials:Wood
Interior
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Flooring:Vinyl Plank
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.265441
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Longitude:-122.255933
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Directions:167 to Pacific-Algona exit. East to 4 way stop - take right. Head S to 3rd Ave SW - take left. Left on Portland Ct SW
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Good
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Parcel Number:3353401252
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Lot Features:Corner Lot, Dead End Street, Paved
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Lot Size Units:Square Feet
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Lot Size Acres:0.2755
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Lot Size SqFt:12000
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Lot Size Source:King County
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Zoning Description:Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (952) 356-0100
- Office phone:
- (952) 356-0100
Taxes
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Tax Year:2025
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Tax Annual Amount:6980
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:true
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Heating:true
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Cooling:Wall Unit(s)
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Heating:Forced Air
Utilities
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Water Company:City Of Pacific
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Water Source:Public
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Sewer:Sewer Connected
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Sewer Company:City Of Pacific
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Power Company:Pse
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Water Sewer Garbage:9186
Schools
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High School District:Auburn
The Community
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Subdivision Name:Pacific
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Parking Uncovered Spaces:8
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Open Parking:true
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Open Parking Spaces:8
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Carport:false
Listing courtesy of NWMLS / Northmarq Multifamily, LLC
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/21/25
Apr 21, 2025
|
Relisted | NWMLS | $950,000 | |
|
4/9/25
Apr 9, 2025
|
Pending | NWMLS | $950,000 | |
|
4/3/25
Apr 3, 2025
|
Listed / Active | NWMLS | $950,000 |
