Contacts
Kidder Mathews
Kidder Mathews
Property Details
- 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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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65/100
Walk Score ®
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55/100
Bike Score ®
Location
- City Tacoma, WA
- Neighborhood South End Tacoma
- Zip Code 98408
- Market Seattle
Points of Interest
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South 25th Street
3.56 miles
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S 25th St
3.56 miles
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Tacoma
3.61 miles
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Tacoma Dome
3.62 miles
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Lakewood
3.85 miles
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Union Station
3.96 miles
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Union Station/South 19th Street
3.96 miles
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Saint Joseph
4.05 miles
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St Joseph
4.05 miles
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Convention Center
4.29 miles
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Fred Meyer
0.17 miles
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ARCO
0.43 miles
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76
0.52 miles
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Chevron
0.67 miles
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Union 76
0.89 miles
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Safeway Fuel Station
1.25 miles
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Valero
1.26 miles
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ChargePoint
1.88 miles
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Tesla Supercharger
2.03 miles
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eVgo
2.61 miles
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72nd Street Transit Center Park & Ride
1.08 miles
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Wapato Park Parking Lot
1.18 miles
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South Tacoma East Park & Ride - South Side
1.76 miles
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South Tacoma East Park & Ride - North Side
1.80 miles
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South Tacoma West Park & Ride
1.86 miles
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South Tacoma Station Park & Ride
2.71 miles
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Parkland Park and Ride
2.74 miles
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Yakima Street Parking Lot
2.76 miles
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Health Center Parking Lot
2.77 miles
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Northwest Parking Lot
2.78 miles
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Morgan Motel
0.36 miles
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Motel 6
1.28 miles
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Hampton
1.41 miles
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Holiday Inn Express & Suites
1.49 miles
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Red Lion Hotel & Conference Center
1.52 miles
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Days Inn
1.54 miles
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Holiday Inn
1.56 miles
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Crossland Economy Studios
1.57 miles
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Comfort Inn
1.58 miles
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Whiteroof Inn
1.60 miles
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Fred Meyer
0.23 miles
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Grocery Outlet
1.11 miles
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Big Lots
1.13 miles
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Safeway
1.25 miles
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WinCo Foods
1.36 miles
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Thunder Bird Trading
2.14 miles
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QFC
2.17 miles
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East Asia Market
2.41 miles
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Hong Kong Supermarket
2.42 miles
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Lucky Supermarket
2.45 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
