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Madrona Apartments
7603 Pacific Ave Tacoma WA 98408
Listing #: 707207 | Status: Available | Last Modified: 5/3/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 0.00 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 3 |
| # of Floors | 1 |
| # of Units | 21 |
| # of Elevators | 0 |
| Total Building SF | 14,063 SF |
| Net Rentable Area | 14,063 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 35,284 SF |
| Acres | 0.81 |
| Year Built | 1989 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | Pierce |
| Second Address | 7601 Pacific Avenue |
| Market Area | South Tacoma |
| Tax ID # | 7850000660 |
| Zoning | RCX |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 25 |
| Total Parking Spots | 25 |
Madrona Apartments 7603 Pacific Avenue
VIEW_WITH_DISCRETION
Value-add multifamily opportunity on a 0.809-acre parcel along the Pacific Avenue corridor. The property consists of three buildings totaling 21 units, offering a mix of one- and two-bedroom units and a clear path for renovation completion and lease-up. The front buildings include 12 one-bedroom units, seven of which have been recently remodeled, with remaining units in various stages of renovation. A new roof has been installed on the south portion of the buildings. The third building, a three-story structure built in 1989, contains nine spacious two-bedroom units that support long-term tenant demand. The property offers on-site laundry and ample parking and is conveniently located near retail, transit, and daily services. Well suited for an investor focused on completing renovations, s
Madrona Apartments
7603 Pacific Ave Tacoma WA 98408
Listing #: 707207 | Status: Available | Listing Date: 1/15/2026 | Last Modified: 5/3/2026 | Email Listing
For Sale
Madrona Apartments
