Provided by NWMLS, Listed by Kelly Right RE of Seattle LLC

Active

3718 Pacific Avenue

Tacoma WA, 98418

$3,200,000


$199.83 per sqft

Active

0.37 Acres

Land

Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Don't miss the opportunity!

2272124

MLS ID

August 1, 2024

Listed

November 14, 2024

Updated

Map

3718 Pacific Avenue
Tacoma WA, 98418

Exterior/Building Features

Lot Size

0.37 Acres


Sewer

Available

School Information

School District

Tacoma


High School

Lincoln High


Elementary School

Lyon

Other Property Details

Area Name

54 - South Tacoma


Taxes

$6,839


Tax Frequency

Annually


Garage

No


View

Yes


View Description

Mountain(s), Partial, Sound


County

Pierce


Water Source

On Property


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 11/21/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 11/21/2024 at 7:00 AM UTC . 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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Data last updated on 11/21/2024 at 7:00 AM UTC 

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