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$960,000   Price Analysis
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210 Chicago Blvd S
Pacific, WA 98047
Unknown bed None bath 3,648 SqFt ($263/SqFt)
0.28 acre lot. Built 1980
Listed 2023-10-06, Taxes $7,587		Ⓧ USDA Ineligible
due to price & location
near Pacific

Great investment opportunity!

* No Longer For Sale *
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This 4-plex is fully lesed but the option for Owner Occupancy is possible. These large, 2 bedroom 1 bath units are laid out perfectly with a large kitchen, dining area, family room and storage! Each unit is 912 sq ft allowing for a tremendous work from home space or perfect for a commuter. They have been updated and are in great condition!

Updates include: windows, flooring, kitchens, bathrooms, electrical panels, water heaters, . The property is perfectly located for easy commuting on 167, highway 18, I-5 and 512. This is a great opportunity for a seasoned investor or someone looking for their first asset. Steps away from Interurban trail. Tons of on-site parking. Don't miss out!


Presented by Joshua Kumar at
Windermere R E/Lake Tapps, Inc.


Property MLS #2166249 from NWMLS

Laminate Hardwood
Wall to Wall Carpet
Flooring: Laminate Hardwood, Vinyl, Wall to Wall Carpet

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes

Wood Products

Lot Description: Paved Street
Lot Size Acres: 0.2756
Lot Size Square Feet: 12003

Open Parking Spaces: 8
Open Parking: Yes
Parking Total: 8

Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Auburn
Middle School: Buyer To Verify

Alpac Elementary School is a public elementary school located approximately 0.4 miles away.
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Auburn Riverside High School is a public high school located approximately 1.6 miles away.
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Olympic Middle School is a public middle school located approximately 2.5 miles away.
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Skys The Limit Montessori is a private elementary school located approximately 1.6 miles away.
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Gross Scheduled Income: 82980
Leasable Area: 3648
Leasable Area Units: Square Feet

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Description: A
Unit-2 Description: B
Unit-3 Description: C
Unit-4 Description: D
Unit-1 Square Feet: 912
Unit-2 Square Feet: 912
Unit-3 Square Feet: 912
Unit-4 Square Feet: 912
Unit 1 Total Actual Rent: 1765
Unit 2 Total Actual Rent: 1755
Unit 3 Total Actual Rent: 1695
Unit 4 Total Actual Rent: 1700

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 7588
Source Listing Status: Sold
Country Region: US
County: King
Cap Rate: 6.9
Directions: Hwy 167 pacific Ellingson exit . East on Ellingson, right on Tacoma ( library ) , left on 2nd, right on Chicago blvd. Drive by only due not disturb tenants.
Tax Year: 2023
Source Property Type: Multi-Family
Possible Use: Multi-Family
Insurance Expense: 1532
List Development Name: Pacific
Source Neighborhood: Pacific
Parcel Number: 3353401320
Street Suffix Modifier: Boulevard
Subdivision: Pacific
Property Subtype: Multi-family
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2023$573,000 + $120,000
$693,000		$7,587
2022$547,000 + $100,000
$647,000		$8,141
2021$506,000 + $100,000
$606,000		$8,085
2020$359,000 + $80,000
$439,000		$5,941
2019$307,000 + $75,000
$382,000		$4,593
2018$264,000 + $75,000
$339,000		$5,154
2017$199,000 + $75,000
$274,000		$4,204
2016$338,000 + $75,000
$413,000		$5,831
2015$246,000 + $75,000
$321,000		$4,756
2014$231,000 + $75,000
$306,000		$4,803
2013$234,000 + $75,000
$309,000		$4,922
2012$243,000 + $75,000
$318,000		$4,557
2011$288,000 + $75,000
$363,000		$4,598
2009$328,000 + $75,000
$403,000		$4,600
2007$327,000 + $50,000
$377,000		$3,722

Sold 2024-03-18
$955,000
NWMLS
Relisted 2023-10-17
$960,000
NWMLS
Listing removed 2023-10-09
$0
NWMLS
Listed 2023-10-06
$960,000
NWMLS
Sold 2015-12-18
$282,500
Public Record
Listing removed 2015-11-09
$350,000
NWMLS
Relisted 2015-11-01
$350,000
NWMLS
Listing removed 2015-10-12
$350,000
NWMLS
Relisted 2015-10-09
$350,000
NWMLS
Listing removed 2015-10-08
$350,000
NWMLS
Relisted 2015-09-30
$350,000
NWMLS
Listing removed 2015-09-08
$350,000
NWMLS
Relisted 2015-08-31
$350,000
NWMLS
Listing removed 2015-08-19
$350,000
NWMLS
Listed 2015-08-16
$350,000
NWMLS
Listing removed 2013-02-23
$350,000
NWMLS
Price Changed 2012-10-15
$350,000
NWMLS
Price Changed 2012-09-05
$360,000
NWMLS
Price Changed 2012-06-15
$375,000
NWMLS
Listed 2012-02-02
$385,000
NWMLS
Sold 1980-10-06
$145,000
Public Record
Sold 1980-10-01
$145,000
Public Record
Sold 1980-09-30
$145,000
Public Record

Net Operating Income: 66260

Total Square Feet Living: 3648
Building Area Total: 3648
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 44
Property Condition: Good
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
Elevation Units: Feet

Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

Security Features: PartiallyFenced

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.