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  • Listed by: 

    Annie Bui,

    Liberty Real Estate, LLC

    $599,995

    8040 Pacific Avenue, Tacoma, WA 98408

    --beds
    4baths
    2,440sqft
    : 
    Quadruplex
    Built in 1965
    -- sqft lot
    $592,100 Zestimate®
    $246/sqft
    $-- HOA

    What's special

    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.
    7 days
    on Zillow
    |
    100
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 01, 2025 at 05:43am

    Listed by:

    Annie Bui,

    Liberty Real Estate, LLC

    Source: NWMLS,MLS#: 2385372MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 8040 Pacific Avenue.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 2,440
    • Total interior livable area: 2,440 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Open
    • Uncovered spaces: 5
    Lot
    • Size: 4,599.94 Square Feet
    Details
    • Parcel number: 7610000060
    • Zoning description: Commercial,Residential,Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick, Wood Siding, Wood Products
    • Foundation: Block
    • Roof: Flat
    Condition
    • Fair
    • Year built: 1965
    • Major remodel year: 1980

    Utilities & green energy

    • Electric: Company: Tacoma
    • Sewer: Sewer Connected
    • Water: Community, Company: Tacoma Utility

    Community & HOA

    Community
    • Subdivision: Se Tacoma
    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $319,600
    • Annual tax amount: $3,238
    • Date on market: 5/29/2025
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 9 days
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