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Sold on 07/07/2025

503 1st Ave E, Pacific, WA 98047

  • $434,000

    Last sold 07/07/2025 for $300K

  • 3

    bed

  • 2

    bath

  • 1,250

    Sqft ($240/Sqft)

House not for sale
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About 503 1st Ave E

Property type House
Neighborhood
Year built 1964
HOA fee $0/month
Lot size 0.4 Acre
Movoto estimate
Property 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.
Listed by
Listing Agent - Kari Roberts
Listing Office - Windermere RE West Campus Inc
Source: NWMLS mls logo
MLS#2342993 • last updated 1 year ago
Movoto checked NWMLS for data 21 minutes ago
Overview
Cooling/AC None
Heating Baseboard
Levels/Style House, One
MLS # 2342993
SubType Single Family Residence
Type Residential
SqFt 1250
Status Sold
Lot Size (SqFt) 17406
Lot Size (Acres) 0.3996
Property Tax 4286
Buying Office Windermere Real Estate/PSK Inc
Year Built 1964
Buying Office Phone 425-433-6974
Condition Fixer
Interior
# Three-Quarter Baths 1
Total # of Bathrooms 2
# Full Baths 1
Bathroom 1.75
# Bedrooms 3
Basement None
Flooring Hardwood
Appliances Refrigerator(s), Stove(s)/Range(s)
Exterior
Roof Composition
Construction Wood
Exterior Features Wood
Amenities / Utilities
Sewer/ Septic Sewer Connected, City Of Pacific
Water Public
Water Company City Of Pacific
Power Company PSE
Water Heater Utility Room, Electric
Power Production: Type Electric
Location
County King
Subdivision Pacific
Area 310 - Auburn
Elementary School Buyer To Verify
Middle School Buyer To Verify
High School District Auburn
High School Buyer To Verify
APN 3354400460
Directions Follow Your Gps.
Multifamily Details
Nwm_Numberofbathtubs 1
Lot/ Land Details
Vegetation Fruit Trees
Site Features Outbuildings, Shop
$434K
Range: $338K-$529K
Last 30 days 
Rental est.: $2,208/month
Gross rent multiplier: 11.3
Powered By Movoto
  • Jun 2025
    mls logo MLS # 2342993
  • Jun 10, 2025 Pending
    —
  • Jun 2, 2025 Price Change
    $375,000 (-6.2%)
  • May 14, 2025 Price Change
    $399,950 (-10.1%)
  • Mar 13, 2025 Listed
    $445,000
  • 503 1st Ave E
    $300K
  • 310 - Auburn
    —
  • 98047
    $560K +5% y/y
  • Pacific
    $560K +5% y/y
No chart available
Statistics calculated by Movoto

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5/10
Ilalko Elementary School
public Grades PK, K-5
Auburn School District
3/10
Mt Baker Middle School
public Grades 6-8
Auburn School District
5/10
Auburn Riverside High School
public Grades 9-12
Auburn School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 310 - Auburn

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