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$3,449,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago

Listed by Robert Laing | Engel & Voelkers Seattle DT | (206) 623-9697 and Francie Zanuzoski | John L. Scott R.E.Tacoma North | (253) 999-5539

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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.

Full Property Details for 7603 Pacific Ave

General

  • Price: $3,449,000
  • Taxes: (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2468356
  • Updated: 1/15/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Location

  • Area: 50 - South Tacoma
  • County: Pierce
  • Subdivision: Tacoma
  • Driving Directions: Building on Pacific Ave, entrances on Pacific Ave and S 76th St

School Information

  • High School District: Tacoma
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition, Torch Down
  • Stories in Building: 2
  • Square Feet: 14,063
  • Year Built: 1989
  • Property Condition: Good

Unit Information

  • Units in Building: 21

Lot Features

  • Lot Size (Acres): 0.8094
  • Lot Size (Sq. Ft.): 35,257
  • Lot Size Source: public records
  • Zoning: Multi-Family

Financial Considerations

  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 785000660

Listed by Robert Laing | Engel & Voelkers Seattle DT | (206) 623-9697 and Francie Zanuzoski | John L. Scott R.E.Tacoma North | (253) 999-5539

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NMLS#: 1598647

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Schools serving 7603 Pacific Ave

School District:Tacoma Public Schools
NameGradesDistance
Larchmont Elementary School
8601 East B Street, Tacoma, WA 98445
PK-50.7 mi
Baker Middle School, Tacoma, WA
8001 South J Street, Tacoma, WA 98408
6-80.7 mi
Mt Tahoma High School
4634 South 74th Street, Tacoma, WA 98409
9-123.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7603 Pacific Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/15/2026
Listed
$3,449,000
40.78%
MLS
12/10/2021
Sold
$2,450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7603 Pacific Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,698
-2%
$2,733,000
—
2024
$30,367
7%
$2,733,000
—
2023
$28,326
4%
$2,733,000
15%
2022
$27,210
14%
$2,377,500
25%
2021
$23,908
6%
$1,906,200
15%
2020
$22,468
13%
$1,660,000
20%
2018
$19,798
—
$1,380,900
10%
2018
$19,798
3%
$1,255,500
5%
2017
$19,230
5%
$1,195,700
10%
2016
$18,308
-2%
$1,087,000
—
2014
$18,625
—
$1,083,400
—
2014
$18,625
—
$1,084,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Robert Laing | Engel & Voelkers Seattle DT | (206) 623-9697 and Francie Zanuzoski | John L. Scott R.E.Tacoma North | (253) 999-5539

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  • Retail
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7603 Pacific Avenue, Tacoma, WA 98408 (MLS# 2468356) is a Multi-Family property with 21 units containing 0 bedrooms and 0 full bathrooms. 7603 Pacific Avenue is currently listed for $3,449,000 and was received on January 15, 2026. Want to learn more about 7603 Pacific Avenue? Do you have questions about finding other Multi-Family real estate for sale in New Tacoma? You can browse all New Tacoma real estate or contact a Coldwell Banker agent to request more information.

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