Listing provided courtesy of WeLakesideNWMLSas Distributed by MLSGrid- MLS# NWM2520404
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Front Entrance to complex
Public Park maintained by City of Pacific at northeast end of property
109 4th Avenue SEPacific, WA 98047
Multi-Family · 16 Beds · 5,984 Sq. ft. | 0.53 Acres$1,950,000
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109 4th Avenue SE Overview
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Great investment opportunity to own four duplexes (8 Units), all 2 bed/1 bath (748 sq. ft.) with happy long-term tenants and no vacancies for over two years. Each unit has its own storage shed, covered patio, updated vinyl windows, dishwasher and washer/dryer. The complex is on a quiet street with plenty of parking for tenants/guests and it backs up to a public park that is well maintained by City of Pacific. All four buildings have low maintenance metal roofs, five of the units have new kitchen cabinets and the other three have been purchased but not installed.
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109 4th Avenue SE Facts & Features
- Type Multi-Family
- Sq. ft. 5,984
- Price/Sq.ft. $326
- Lot 0.53 Acres
Details
General
Association/HOA
- Association Fee: $0.00
- Association Fee Frequency: Not Applicable
School Information
- School District: Auburn
- Elementary School: Alpac Elem
- Middle Or Junior School: Olympic Mid
- High School: Auburn Riverside Hig
Green Features
- Green Energy Efficient: Thermal Windows
Income/Expenses
- Other Expense: 4476
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 156000
- Insurance Expense: 12102
- Net Operating Income: 94084
- Total Expenses: 61916
- Total Monthly Income: 13000
- Water/Sewer/Garbage: 27972
Building Information
- New Construction: No
- Year Built: 1967
Location/Region
- Country: US
- County Or Parish: King
- MLS Area Major: 310 - Auburn
- Subdivision Name: Pacific
Community/Development
- Amenities: Thermal Windows
Tax Information
- Tax Annual Amount: $17,366.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 3599600105
- Possible Use: Multi-Family
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 5984
- Building Area Units: Square Feet
- Calculated Square Footage: 5984
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: No
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate
- Foundation Details: Slab
- Heating: Yes
- Leasable Area: 5984
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Security Features: Partially Fenced
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 16
- Parking Uncovered Total: 16
Lot Information
- Irrigation Water Rights: No
- Lot Features: Adjacent to Public Land, Dead End Street, Paved
- Lot Size Acres: 0.5337
- Lot Size Square Feet: 23250
- Lot Size Units: Square Feet
- Site Features: Fenced-Partially, Patio
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Metal
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood, Wood Products
- Number Of Units Total: 8
- Sewer: Sewer Connected
Unit Information
Unit 1 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 4 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 5 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 6 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 7 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1625
- Beds Total: 2
- Baths Total: 1
109 4th Avenue SE Neighborhood
Community
98047 (Pacific) Demographics
32
Median Age
2,861
Population Density (per sq. mile)
33%
College Educated
$64,942
Estimated Median Income
1,210
Estimated Total Home Owners
1,170
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.109 4th Avenue SE Monthly Cost
109 4th Avenue SE Market Data
Based on the last 30 days in this zip code
$492,684
Average List Price
$309
Average Price per Square Foot
2
Properties Sold
44
Average Days on Market
16
Properties for Sale
109 4th Avenue SE History
| Date | Value | Agent |
|---|---|---|
| 5/8/2026Source: NWMLS | May 08, 2026 |