Tacoma, WA 98408 8040 Pacific Avenue
$599,995
9 more
Presented By: Liberty Real Estate, LLC and NWMLS
- MLS# 2385372
- 05/30/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 2,440
Home Details
Situated in a vibrant neighborhood with easy access to shopping, dinings and essentials, this mixed-use property offers an excellent opportunity for any investor! Currently delivering a solid 10% cap rate, the building features five fully rented studio units and additional income from prominent street signage—a source of passive revenue. Its strategic location ensures easy connectivity to major retail hubs and top regional employers, including Joint Base Lewis-McChord (JBLM) and the growing South Sound healthcare sector, driving consistent tenant demand and stable occupancy. Take advantage of Tacoma’s affordability, economic momentum, and growing appeal—this is your chance to invest in a rising market with real long-term potential.
Presented By: Liberty Real Estate, LLC and NWMLS
Interior Features for 8040 Pacific Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 8040 Pacific Avenue
Building Area UnitsSquare Feet
Building Name202
Cap Rate8
Carport Spaces
Carport Y/NNo
CityTacoma
CoolingNone
CountyPierce
DirectionsFrom I-5 south bound, take exit 130 to So. 56th St E, about 1.5miles, take right onto Pacific Ave S, the bldg is located on your right.
Electric Expense
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictTacoma
Insurance Expense1120
Leasable Area2400
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet4600
Lot Size UnitsSquare Feet
MLS Area62 – Southeast Tacoma
ModificationTimestamp2025-07-14T18:30:11.321Z
NWM_ShowMapLinkY
Net Operating Income41057
New ConstructionNo
Number Of Units Total5
Open Parking Spaces5
PossessionClosing
Possible UseCommercial, Residential
Property ConditionFair
Property Style54 – 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksSituated 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
RoofFlat
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameSe Tacoma
Tax Annual Amount3238
Tax Year2024
Units Below Gradetrue
Units In Building Total5
Water CompanyTacoma Utility
Water Sewer Garbage4885
Year Built1965
Zoning DescriptionCommercial, Residential
Exterior for 8040 Pacific Avenue
Building Area Total2440
Covered Spaces
Exterior AmenitiesBrick, Wood, Wood Products
Foundation DetailsBlock
Irrigation Water Rights Y/NNo
Lot Number7610000060
Lot Size Acres0.1056
Parking Uncovered Spaces5
Total Parking5
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
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