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8040 Pacific Avenue

Tacoma, WA 98408
  • $599,995
  • STATUS: Active
  • MLS #: 2385372
$599,995
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,440
    SQFT
  • $246
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

School District:
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Liberty Real Estate, LLC.
Mortgage Calculator is provided by BoomTown.

Description

Situated in a vibrant neighborhood with easy access to shopping, dinings and essentials, this mixed-use property offers an excellent opportunity for any investor! Currently delivering a solid 10% cap rate, the building features five fully rented studio units and additional income from prominent street signagea source of passive revenue. Its strategic location ensures easy connectivity to major retail hubs and top regional employers, including Joint Base Lewis-McChord (JBLM) and the growing South Sound healthcare sector, driving consistent tenant demand and stable occupancy. Take advantage of Tacoma's affordability, economic momentum, and growing appealthis is your chance to invest in a rising market with real long-term potential.

Monthly Payment Calculator



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. 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.
www.communityrealestategroup.com/homes/164402489
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8040 Pacific Avenue Tacoma, WA 98408

  • Price: $599,995
  • Status: Active
  • On Site: Days
  • MLS #: 2385372
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,440
SQFT
$246
$/SQFT
1965
Built
Neighborhood:
Se Tacoma
County:
Pierce
Area:
Southeast Tacoma
School District:
Tacoma
Property Description
Situated in a vibrant neighborhood with easy access to shopping, dinings and essentials, this mixed-use property offers an excellent opportunity for any investor! Currently delivering a solid 10% cap rate, the building features five fully rented studio units and additional income from prominent street signagea source of passive revenue. Its strategic location ensures easy connectivity to major retail hubs and top regional employers, including Joint Base Lewis-McChord (JBLM) and the growing South Sound healthcare sector, driving consistent tenant demand and stable occupancy. Take advantage of Tacoma's affordability, economic momentum, and growing appealthis is your chance to invest in a rising market with real long-term potential.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BrickWoodWood Products Open Parking Spaces 5 Open Parking YN Yes Parking Total 5 Parking Uncovered Spaces 5 Roof Flat Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

Interior Features

Baths Full Upper 0 Baths Half Upper 0 Baths Three Quarter Upper 0 Bedrooms Upper 0 Building Area Total 2440 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Name 202 Energy Source Electric First Right Of Refusal No Foundation Details Block Irrigation Water Rights YN No Listing Terms Cash OutConventional Lot Number 7610000060 Net Operating Income 41057 New Construction YN No Possession Closing Possible Use CommercialResidential Power Company Tacoma Power Production Type Electric Property Condition Fair Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 3238 Tax Year 2024 Units In Building Total 5 Water Company Tacoma Utility Water Source Community Year Built Effective 1980 Zoning Description CommercialResidential Zoning Jurisdiction City



IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. 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.
 
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Keller Williams Spokane
6515 W Clearwater, Ste 224
Kennewick WA, 99336
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Liberty Real Estate, LLC.
Mortgage Calculator is provided by BoomTown.