Redfin is joining Rocket

Discover how we're simplifying your journey home.

$2,850,000

3718 Pacific Ave Tacoma, WA 98418

0.4 acres
Land

Property details

About 3718 Pacific Ave

Welcome to a prime investment opportunity in the thriving South Tacoma area, where the demand for multi-family development is high. This ready-to-build project features 98 fully permitted units, addressing the pressing need for housing in the area. Located within an Opportunity Zone, this property presents investors with the advantage of 8 or 12-year tax abatement options, maximizing potential returns. All utilities are already available at the site, streamlining the development process. Future residents will enjoy a range of desirable amenities, including a rooftop lounge, dog run, and secured parking garage. For further details or building plans request, please reach to the listing listing agent. Dont miss the opportunity!

Highlights

StatusActive
Lot size0.3676 Acres
MLS #2360443
ViewMountain(s), Partial, Sound

Summary

  • View: Mountain(s), Partial, Sound
  • List Price: $2,850,000
  • HOA Amount: $0
  • Annual Tax Amount: $6,839
  • Tax Year: 2024
  • Directions: From I-5, exit to WA-7 S/38th St. and continue on WA-7. St Rt 77/38th St W ramp to Mt. Rainier. Merge onto S38th to a Rt on Pacific. Site will be on left.
  • Lot Size: 0.3676 Acres
  • MLS Number: 2360443
  • MLS Name: NWMLS
  • Office Name: Kelly Right RE of Seattle LLC
  • Office Phone: (206) 525-5235
  • Listing Agent: Ivanna Miakota

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:32:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$614,700$6,839
2023$405,500$4,212
2022$344,800$3,956
2021$282,100$3,548
2020$282,100$3,483
2018$229,500$2,820
2017$178,400$2,820

History based on county public records data.

Nearby schools

4

Lyon Elementary School

Public District PK-5

0.6 mi

101 E 46th St

3

Whitman Elementary School

Public District PK-5

0.7 mi

1120 S 39th St

1

Blix Elementary School

Public District PK-5

1.1 mi

1302 E 38th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $48,971. Typical income of Tacoma, WA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

37%
<35k
39%
35k-100k
23%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
16%
Single, with Kids
16%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
41%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • PopeyesPopeyes
  • Boston MarketBoston Market

What do the neighbors drive?

  • KiaKia
  • NissanNissan
  • HondaHonda

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 3718 Pacific Ave

The listing price of 3718 Pacific Ave property is $2,850,000.

The property 3718 Pacific Ave is land located in Tacoma, Washington, 98418.

Active Listing: 3718 Pacific Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 3718 Pacific Ave are: Lyon Elementary School (GreatSchools Rating 4/10), Whitman Elementary School (GreatSchools Rating 3/10), Blix Elementary School (GreatSchools Rating 1/10), Stewart Middle School (GreatSchools Rating 3/10), Giaudrone Middle School (GreatSchools Rating 2/10), First Creek Middle School (GreatSchools Rating 2/10), Lincoln High School (GreatSchools Rating 3/10), Summit Public School: Olympus (GreatSchools Rating 5/10), Tacoma School of the Arts (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $6,839 (source: MLS/based on county public records data).

The property 3718 Pacific Ave is 0.368 acres.

The sq. ft. of 3718 Pacific Ave is not available (source: MLS/tax record).

This home is located at 3718 Pacific Ave in Tacoma, WA and zip code 98418 in the School Land neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $2,850,000.

While more than 120 listings in Tacoma, WA in June 2025 were sold above asking price, there were more than 93 listings sold at asking price, and more than 82 were sold below. In June 2025 in Tacoma, WA there were 4.4% more homes for sale than in May. Listings spent 26 days on the market in June 2025, and had a median list price of $491,064 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources