503 1st Avenue E
Pacific, WA 98047
1250 sqft | 3 beds | 1.75 baths | 0.40 acres | #2342993
Description
Exciting investment opportunity! This expansive .40-acre corner lot is primed for redevelopment, offering endless potential for multifamily units. Zoned for single-family, RML and light industrial, this property provides multiple lucrative building options (details available through your agent). The existing 3-bed, 2-bath home with a detached shop has been in the same family since 1964 and, while in need of a rehab, could still serve as a charming single-family residence. However, the true value lies in maximizing the lot’s potential for multifamily development—a smart move in this growing neighborhood. Don’t miss this chance to turn vision into profit! CASH ONLY. Buyer to investigate all info. Call your agent directly for info.
Property Details
- InteriorBath Off Primary, Dining Room, Hardwood, Water Heater
- Lot DescriptionCorner Lot, Paved
- Exterior FeaturesOutbuildings, Shop
- Sewer InformationSewer Connected
- Elementary SchoolBuyer To Verify
- Middle SchoolBuyer To Verify
- High SchoolBuyer To Verify
- Date ListedMarch 13, 2025
- Style10 - 1 Story
- Property SubtypeResidential
- Property TypePurchase
- Original List Price$445,000
- SubdivisionPacific
- MLS #2342993
- MLS #2342993
- Acres0.3996
- Utility SourcePublic
- School DistrictAuburn
- Taxes Annual$4,286
- Cost445000
- Structure TypeHouse
- Property ConditionFixer
- Bathrooms1.75
- Exterior MaterialsWood
- Square Feet1250
- Year Built1964
- CountyKing
- Days on Market (Cumulative)31
- Bedrooms3
- Full Baths1
- 3/4 Baths1
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2025-03-24 20:27:11. 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.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Kari Roberts (#NWM36720)
Listing Office: Windermere RE West Campus Inc (#NWM1146)
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