Value-add mixed-use multifamily opportunity along the Pacific Avenue corridor, suited for an investor focused on lease-up, income stabilization, and operational improvement. The property includes 10 residential units with street frontage featuring a minimart and convenience store component. The residential units offer upside through leasing activity, while the commercial frontage provides additional income potential along a high-traffic corridor. The property provides ample on-site parking and is conveniently located near major arterials and daily services. Well suited for an investor seeking steady income with incremental upside and long-term mixed-use flexibility.
Active
Listed by: Engel & Voelkers Seattle DT • Roberto Laing
Price cut: $199K (8/7)
$1,499,999
9618 Pacific Avenue, Tacoma, WA 98444
12beds
9baths
4,876sqft
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$308/sqft
$-- HOA
What's special
Ample on-site parkingStreet frontage
- 229 days
- 69
- 3
Zillow last checked:
Listing updated:
Listed by:
Roberto Laing,
Engel & Voelkers Seattle DT,
Francie Zanuzoski,
John L. Scott R.E.Tacoma North
Source: NWMLS as distributed by MLS GRID,MLS#: 2468619
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 4,876
- Total interior livable area: 4,876 sqft
Property
Lot
- Size: 0.52 Acres
Details
- Parcel number: 0319042103
- Zoning description: Commercial,Multi-Family,See Remarks,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 1942
- Major remodel year: 1985
Utilities & green energy
- Electric: Company: TPU
- Sewer: Sewer Connected, Company: TPU
- Water: Public, Company: TPU
Community & HOA
Community
- Subdivision: Tacoma
Location
- Region: Tacoma
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $694,400
- Annual tax amount: $7,744
- Date on market: 7/4/2025
- Cumulative days on market: 425 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,565/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Price change | $1,499,999-11.7%$308/sqft |
Source:  NWMLS as distributed by MLS GRID #2468619 Report a problem | ||
| 7/17/2026 | Price change | $1,699,000-5.6%$348/sqft |
Source: NWMLS as distributed by MLS GRID #2468619 Report a problem | ||
| 5/21/2026 | Price change | $1,799,000-2.7%$369/sqft |
Source: NWMLS as distributed by MLS GRID #2468619 Report a problem | ||
| 1/16/2026 | Listed for sale | $1,849,000-28.9%$379/sqft |
Source: NWMLS as distributed by MLS GRID #2468619 Report a problem | ||
| 9/13/2024 | Listing removed | $1,195 |
Source: Zillow Rentals Report a problem | ||
| 6/10/2024 | Listed for rent | $1,195-2.4% |
Source: Zillow Rentals Report a problem | ||
| 4/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/24/2024 | Listed for rent | $1,225+22.5% |
Source: Zillow Rentals Report a problem | ||
| 4/14/2023 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 3/30/2023 | Listed for sale | $2,600,000+337%$533/sqft |
Source: John L Scott Real Estate #2050391 Report a problem | ||
| 9/3/2020 | Listing removed | $1,000 |
Source: RPM Today Report a problem | ||
| 8/25/2020 | Listed for rent | $1,000 |
Source: RPM Today Report a problem | ||
| 12/7/2019 | Listing removed | $1,000 |
Source: RPM Today Report a problem | ||
| 11/16/2019 | Listed for rent | $1,000 |
Source: RPM Today Report a problem | ||
| 11/18/2018 | Listing removed | $1,000 |
Source: RPM Today Report a problem | ||
| 11/5/2018 | Listed for rent | $1,000+29% |
Source: RPM Today Report a problem | ||
| 6/28/2018 | Listing removed | $775 |
Source: RPM Today Report a problem | ||
| 6/22/2018 | Listed for rent | $775-20.5% |
Source: RPM Today Report a problem | ||
| 12/23/2017 | Listing removed | $975 |
Source: RPM Today Report a problem | ||
| 10/20/2017 | Price change | $975+5.4% |
Source: RPM Today Report a problem | ||
| 10/10/2017 | Price change | $925+19.4% |
Source: RPM Today Report a problem | ||
| 9/29/2017 | Listed for rent | $775 |
Source: RPM Today Report a problem | ||
| 5/1/2017 | Listing removed | $595,000$122/sqft |
Source: Windermere Real Estate/Mill Creek, Inc. #1064736 Report a problem | ||
| 4/28/2017 | Sold | $595,000+14.4%$122/sqft |
Source: NWMLS as distributed by MLS GRID #1064736 Report a problem | ||
| 12/14/2009 | Sold | $520,000-7.1%$107/sqft |
Source: Public Record Report a problem | ||
| 12/4/2006 | Sold | $560,000+24.4%$115/sqft |
Source: Public Record Report a problem | ||
| 8/4/2004 | Sold | $450,000+11.1%$92/sqft |
Source: Public Record Report a problem | ||
| 6/21/2002 | Sold | $405,000$83/sqft |
Source: NWMLS as distributed by MLS GRID #21141798 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,744 -0.5% | $694,400 |
| 2024 | $7,779 +9.5% | $694,400 +10% |
| 2023 | $7,103 +6.3% | $631,300 |
| 2022 | $6,682 +3.3% | $631,300 +13.9% |
| 2021 | $6,468 -12.9% | $554,400 -19% |
| 2019 | $7,429 -60.6% | $684,500 +15% |
| 2018 | $18,845 +119.2% | $595,100 +15% |
| 2017 | $8,599 +0.8% | $517,500 +15.5% |
| 2016 | $8,529 | $448,100 -2.7% |
| 2014 | $8,529 -0.9% | $460,500 |
| 2013 | $8,607 | $460,500 |
| 2012 | -- | $460,500 |
| 2011 | -- | $460,500 -5.6% |
| 2010 | -- | $487,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South End
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