218 3rd Avenue Sw, Pacific, Wa 98047

WA, Pacific
$950,000
  • 2,492 Sqft
  • Residential Income Property Type
  • 1984 Year Built
  • Closed Status
Property Description

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.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2354811
  • Price: $950,000
  • Square Footage: 2,492 Sqft
  • Year Built: 1984
  • Lot Area: 0.28 Acre
  • Status: Closed
  • Office Name: Northmarq Multifamily, LLC
  • Agent Name: Taylor Wyman
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Forced Air
  • Cooling System Wall Unit(s)
  • Exterior Features Wood
  • Flooring Vinyl Plank
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County King
  • City Pacific
  • Zipcode 98047
  • Street: 3rd
  • Street Number: 218
  • Street Suffix: Avenue
  • Longitude: W123° 44' 38.6''
  • Latitude: N47° 15' 55.6''
  • 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
  • Mls Area Major: 310 - Auburn
  • Street Dir Suffix: SW
Neighborhood
  • High School District: Auburn
Additional Information
  • Water Source: Public
  • Stories Total: 1
  • Possible Use: Multi-Family
  • On Market Date: 2025-04-03
  • Number Of Units Total: 4
  • Lot Features: Dead End Street, Paved, Corner Lot
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 6980
Listing Information
  • List Agent Mls Id: 119131
  • List Office Mls Id: 10342
  • Listing Term: Cash Out,Conventional,Owner Financing
  • Mls Status: Sold
  • Modification Timestamp: 2025-06-30T11:04:29Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-05-30T20:03:56Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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