Pacific Manor

7611 Pacific Ave, Tacoma, WA 98408

  • For Sale $3,600,000
  • Property Type Multi-Family
  • Property Size 30,927 SF
  • Units 21
  • Lot Size 0.79 Acre
  • Cap Rate % 6
  • Year Built 1973
  • Year Renovated 2025
  • Date Updated Jun 24, 2025

Built in 1973 and offered for sale to investors for the first time ever, Pacific Manor is an excellent opportunity for investors seeking a well-maintained 21-unit multifamily property with immediate upside potential. Located in a high-demand area just steps from major public transit lines, this asset offers a strong tenant base and room for value creation through light renovations or rent adjustments. Pacific Manor consists of 13 2-bedroom units and 8 1-bedroom units, ample surface parking and well-maintained property grounds. One of the three buildings has been completely renovated from ground up due to a recent fire. The new structure contains brand new property systems and modern interior finishes – a rare fine in today’s market. Pacific Manor is well suited for buyer seeking stable income with immediate NOI growth opportunities. Priced below replacement costs, Pacific Manor offers both current cash flow and future appreciation in a supply constrained submarket. We invite you to review the offering memorandum for Pacific Manor. Please contact Austin Kelley or Ted Sipila to schedule a tour. 

 

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Contacts

broker

Kidder Mathews

broker

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable
  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Tacoma, WA
  • Neighborhood South End Tacoma
  • Zip Code 98408
  • Market Seattle

Points of Interest

  • South 25th Street

    3.56 miles

  • S 25th St

    3.56 miles

  • Tacoma

    3.61 miles

  • Tacoma Dome

    3.62 miles

  • Lakewood

    3.85 miles

  • Union Station

    3.96 miles

  • Union Station/South 19th Street

    3.96 miles

  • Saint Joseph

    4.05 miles

  • St Joseph

    4.05 miles

  • Convention Center

    4.29 miles

  • Fred Meyer

    0.17 miles

  • ARCO

    0.43 miles

  • 76

    0.52 miles

  • Chevron

    0.67 miles

  • Union 76

    0.89 miles

  • Safeway Fuel Station

    1.25 miles

  • Valero

    1.26 miles

  • ChargePoint

    1.88 miles

  • Tesla Supercharger

    2.03 miles

  • eVgo

    2.61 miles

  • 72nd Street Transit Center Park & Ride

    1.08 miles

  • Wapato Park Parking Lot

    1.18 miles

  • South Tacoma East Park & Ride - South Side

    1.76 miles

  • South Tacoma East Park & Ride - North Side

    1.80 miles

  • South Tacoma West Park & Ride

    1.86 miles

  • South Tacoma Station Park & Ride

    2.71 miles

  • Parkland Park and Ride

    2.74 miles

  • Yakima Street Parking Lot

    2.76 miles

  • Health Center Parking Lot

    2.77 miles

  • Northwest Parking Lot

    2.78 miles

  • Morgan Motel

    0.36 miles

  • Motel 6

    1.28 miles

  • Hampton

    1.41 miles

  • Holiday Inn Express & Suites

    1.49 miles

  • Red Lion Hotel & Conference Center

    1.52 miles

  • Days Inn

    1.54 miles

  • Holiday Inn

    1.56 miles

  • Crossland Economy Studios

    1.57 miles

  • Comfort Inn

    1.58 miles

  • Whiteroof Inn

    1.60 miles

  • Papa John's

    0.11 miles

  • Lucky Teriyaki

    0.21 miles

  • Taqueria El Rinconsito

    0.27 miles

  • McDonald's

    0.28 miles

  • KFC

    0.29 miles

  • Papa Murphy's

    0.36 miles

  • Wok Inn

    0.37 miles

  • Pho-Hot

    0.37 miles

  • Spud's

    0.38 miles

  • All American Foods

    0.55 miles

  • Saint Ann School

    0.49 miles

  • Larchmont Elementary School

    0.67 miles

  • School of Industrial Design, Engineering and Art

    0.68 miles

  • Fern Hill Elementary School

    0.70 miles

  • Baker Middle School

    0.70 miles

  • Birney Elementary School

    0.85 miles

  • Peoples Christian School

    1.00 miles

  • Fawcett Elementary School

    1.02 miles

  • Boze Elementary School

    1.07 miles

  • Puget Sound Christian School

    1.09 miles

  • Crown Academe

    1.51 miles

  • Alphabet Preschool

    2.67 miles

  • KinderCare

    3.68 miles

  • Just Like Home Daycare

    3.74 miles

  • Kreative Kidz of Lakewood

    3.80 miles

  • Fun Times Daycare

    3.84 miles

  • Angeles Academy

    4.09 miles

  • Anna's Child Care

    4.16 miles

  • New Jerusalem Day Care Center

    4.18 miles

  • Tacoma Daycare & Preschool

    4.50 miles

Frequently Asked Questions

How much does Pacific Manor cost?

The space currently listed for sale at Pacific Manor asks for $3,600,000.

What is the total square footage of Pacific Manor?

Pacific Manor totals 30,927 square feet.

When was this property built?

Pacific Manor was built in 1973.

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