503 1st Avenue E Pacific, WA 98047
Listing Courtesy of: Northwest MLS / Windermere Real Estate/West Campus, Inc. / Kari Roberts

  503 1st Avenue E Pacific, WA 98047

Active (2 Days)
$445,000
3
BED
2
BATH
1,250
SQFT

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.

MLS #:
2342993
Taxes
$4,286(2025)
Lot Size
0.4 acres
Type
Single-Family Home
Year Built
1964
Style
1 Story
School District
Auburn
County
King County
Community
Pacific

Listed By

Kari Roberts, Windermere Real Estate/West Campus, Inc.
Source
Northwest MLS as distributed by MLS Grid
Last checked Mar 15 2025 at 7:56 PM UTC
Bathroom Details
  • Full Bathroom: 1
  • 3/4 Bathroom: 1
Interior Features
  • Bath Off Primary
  • Dining Room
  • Hardwood
  • Water Heater
  • Refrigerator(s)
  • Stove(s)/Range(s)
Subdivision
  • Pacific
Lot Information
  • Corner Lot
  • Paved
Property Features
  • Outbuildings
  • Shop
  • Fireplace: 0
Heating and Cooling
  • Baseboard
Flooring
  • Hardwood
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Verification:, Green Efficiency:, Green Generation:
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Parking
  • Driveway
  • Off Street
Stories
  • 1
Living Area
  • 1,250 sqft
Location
   
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$2,221 /mo.

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
($89,000)
Interest rate
%
Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 3/15/25 12:56. 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.