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218 3rd Avenue SW

Pacific, WA 98047
  • $950,000
  • STATUS: Pending Inspection
  • ID#: 2354811
UPDATED: 37 min ago
$950,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,492
    SQFT
  • $381
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:
Area:

School Ratings & Info

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

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.

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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 Costello Team | Real Broker, LLC 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 2025-05-22T15:16:25.027. 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 2025-05-22T15:16:25.027. 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.costelloteam.com/homes/162200191
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218 3rd Avenue SW Pacific, WA 98047

  • Price: $950,000
  • Status: Pending Inspection
  • On Site: Days
  • Updated: 37 min ago
  • ID#: 2354811
0
Beds
0
Baths
0
½ Baths
0.28
Acres
2,492
SQFT
$381
$/SQFT
1984
Built
Neighborhood:
Pacific
County:
King
Area:
Auburn
School District:
Auburn
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.
Exterior Features

Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features Corner LotDead End StreetPaved Open Parking Spaces 8 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 8 Roof Composition 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 2492 Cooling Wall Unit(s) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Vinyl Plank Heating Forced Air Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Amenities Coin Op Laundry Association Fee 0 Association YN No Energy Source Electric Foundation Details Poured Concrete Irrigation Water Rights YN No Listing Terms Cash OutConventionalOwner Financing Net Operating Income 58888 New Construction YN No Possession Closing Possible Use Multi-Family Power Company PSE Power Production Type Electric Property Condition Good Property Sub Type Multi Family Senior Community YN No Sewer Sewer Connected Sewer Company City of Pacific Site Features Cable TVFenced-Partially Special Listing Conditions None Tax Annual Amount 6980 Tax Year 2025 Units In Building Total 4 Water Company City of Pacific Water Source Public Year Built Effective 2018 Zoning Description Multi-Family 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 Costello Team | Real Broker, LLC 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 2025-05-22T15:16:25.027. 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 2025-05-22T15:16:25.027. 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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Costello Team | Real Broker, LLC
1400 112th Ave SE suite 100
Bellevue WA, 98004
Northwest MLS logo Listing information ©2025 Northwest MLS. Listing courtesy of Northmarq Multifamily, LLC.
Mortgage Calculator is provided by BoomTown.