7624-7626 Pacific Avenue
7624-7626 Pacific Avenue
Tacoma, WA 98408
$2,450,000
Price
11
Beds
11
Baths
4,499 Sq. Ft.
$545 / Sq. Ft.
4,499
Sq. Ft.
$545
per Sq. Ft.
Virtual Tour
Virtual Tour
Listing provided courtesy of John L. Scott, Inc.
Description
Newly built, 11 unit apartment complex conveniently located within minutes away from freeways, stores, transit stop, and restaurants. Each unit has 1 bedroom, 1 bath, with full size stackable washer and dryer. All new stainless steel- energy efficient appliances, quartz counter tops, shaker cabinets, modern lights, and luxury vinyl flooring. Secured entry, secured bike storage, landscaped common areas, and fenced back yard common area. 2 garage spaces on site. No HOA. Building 7624 has 5 units and...Newly built, 11 unit apartment complex conveniently located within minutes away from freeways, stores, transit stop, and restaurants. Each unit has 1 bedroom, 1 bath, with full size stackable washer and dryer. All new stainless steel- energy efficient appliances, quartz counter tops, shaker cabinets, modern lights, and luxury vinyl flooring. Secured entry, secured bike storage, landscaped common areas, and fenced back yard common area. 2 garage spaces on site. No HOA. Building 7624 has 5 units and 7626 has 6 units. Assumable loan at 5.25 interest on 1.4 million loan amount. Property is qualified for 8-12 years of MFTE program. Possibility to obtain parking space from nearby business.
- Listed by Marianna N Mikshanskiy • John L. Scott, Inc.
- Listed by Vitaliy V Mikshanskiy • John L. Scott, Inc.
Property Details for 7624-7626 Pacific Avenue
Community Name
Tacoma
School DistrictTacoma
Number of Assigned Spaces2
Total Covered Parking2
Entry Date12-07-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of John L. Scott, Inc.![]()
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LISTING UPDATED: 02/15/2024 12:04 PM
Property Details for 7624-7626 Pacific Avenue
| Status | Active |
|---|---|
| MLS # | 2184405 |
| Days on Market | 144 |
| Cumulative Days on Market | 179 |
| Taxes | $2,681 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2023 |
| Lot Size | 0.18 AC / 7,900 SF |
| County | Pierce County |
Location
Listing Courtesy of John L. Scott, Inc.![]()
Add your commute
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Building Information for 7624-7626 Pacific Avenue
Stories3Residences11Year Built2023Building Size-Lot Size0.18 AC / 7,900 SF
Payment Calculator
$13,594 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,371
Property Taxes
$223
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7624-7626 Pacific Avenue
Summary
Location and General Information
- Style: 56 - 10+ Units
- Area: 62 - Southeast Tacoma
- Effective Year Built Source: Public Records
- Directions: Off of Pacific Ave and 76th St, Tacoma
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Virtual Tour
- Virtual Tour URL Unbranded: https://youtu.be/gjWq6SJzniE?si=v3Vy_l6NQgzzx3e4
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl Plank
- New Construction: Completed
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Wood, Wood Products
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 6000
- Power Company: TPU
- Sewer Company: TPU
- Water Company: TPU
- Power Production Type: Electric
Property and Assessments
- New Construction YN: Yes
- Zoning Class: Multi-Family
- Estimated Completion Date: 2023-10-02
- Possible Use: Multi-Family
- MLS Square Footage Source: Public Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2023
- Photos Count: 38
Lot Information
- Lot Size Source: Public Records
- Parcel Number Free Text: 78500000702
- Building Condition: Very Good
- Calculated Square Footage: 4499
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4499.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Common Interest: Multi-Family
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 3
- Vacancy Rate: 5
- Number Of Units Total: 11
- Units Below Grade: false
- Units In Building Total: 11
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 12881
- Gross Adjusted Income: 162393
- Gross Rent Multiplier: 14.33
- Gross Scheduled Income: $170,940
- Insurance Expense: $4,200
- Net Operating Income: $149,512
- Other Expenses: $0
- Total Monthly Income: 14245
- Fuel Expense: $0
Unit 1
- Name Unit 1: 7626-101
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 409
- Rent Unit 1: $1,295.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 7626- 102
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 409
- Rent Unit 2: $1,295.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 7626- 201
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 409
- Rent Unit 3: $1,295.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 7626-202
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 409
- Rent Unit 4: $1,295.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 7626-301
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 409
- Rent Unit 5: $1,295.00
- Bedrooms Unit 5: 1
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 7626-302
- Washer/Dryer Unit 6: true
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: true
- Square Feet Unit 6: 409
- Rent Unit 6: $1,295.00
- Bedrooms Unit 6: 1
- Fireplaces Unit 6: 0
- Bathrooms Unit 6: 1
Unit 7
- Name Unit 7: 7624-101
- Washer/Dryer Unit 7: true
- Range/Oven Unit 7: true
- Refrigerator Unit 7: true
- Dishwasher Unit 7: true
- Square Feet Unit 7: 409
- Rent Unit 7: $1,295.00
- Bedrooms Unit 7: 1
- Fireplaces Unit 7: 0
- Bathrooms Unit 7: 1
Unit 8
- Name Unit 8: 7624-201
- Washer/Dryer Unit 8: true
- Range/Oven Unit 8: true
- Refrigerator Unit 8: true
- Dishwasher Unit 8: true
- Square Feet Unit 8: 409
- Rent Unit 8: $1,295.00
- Bedrooms Unit 8: 1
- Fireplaces Unit 8: 0
- Bathrooms Unit 8: 1
Unit 9
- Name Unit 9: 7624-202
- Washer/Dryer Unit 9: true
- Range/Oven Unit 9: true
- Refrigerator Unit 9: true
- Dishwasher Unit 9: true
- Square Feet Unit 9: 409
- Rent Unit 9: $1,295.00
- Bedrooms Unit 9: 1
- Fireplaces Unit 9: 0
- Bathrooms Unit 9: 1
Unit 10
- Name Unit 10: 7624-301
- Washer/Dryer Unit 10: true
- Range/Oven Unit 10: true
- Refrigerator Unit 10: true
- Dishwasher Unit 10: true
- Square Feet Unit 10: 409
- Rent Unit 10: $1,295.00
- Bedrooms Unit 10: 1
- Fireplaces Unit 10: 0
- Bathrooms Unit 10: 1
Unit 11
- Name Unit 11: 7624-302
- Washer/Dryer Unit 11: true
- Range/Oven Unit 11: true
- Refrigerator Unit 11: true
- Dishwasher Unit 11: true
- Square Feet Unit 11: 409
- Rent Unit 11: $1,295.00
- Bedrooms Unit 11: 1
- Fireplaces Unit 11: 0
- Bathrooms Unit 11: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4499.0
- Leasable Area Units: Square Feet
Property History for 7624-7626 Pacific Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7624-7626 Pacific Avenue
Taxable ValueLand$257,800Additions-Total$257,800
Tax Record2023$2,681 ($223 / month)
Home Facts
Total Finished SqFt1,128 SqFtAbove Ground SqFt1,128 SqFtStories1Lot Size7,900 SqFtStyleCommercialYear Built1948ZoningR4LCountyPIERCEAPN7850000702Fireplace TypeSingle
Schools near 7624-7626 Pacific Avenue
This home is within Tacoma School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Birney PublicPK to 5 | ||
Baker Public6 to 8 | ||
Mt Tahoma Public9 to 12 | ||
Industrial Design Engineering And Art Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of John L. Scott, Inc.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.