503 1st Avenue East Pacific, WA 98047

$375,000
3
Beds
1
Baths
0.40
Acres
1,250
SQFT
300
$/SQFT
$375,000
3
Beds
1
Baths
1,250   sf
$300 / sf
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active
1/8
Street View

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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • County
    King
  • Area
    310 - Auburn
  • Tax Amount
    $4,286
  • Status
    Active
  • Listing #
    2342993
  • Built
    1964
  • Lot Size
    0.40
  • Listed on site
    85 days

Listed by:
Windermere RE West Campus Inc

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-06-07 14:12:00. DMCA
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School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • Corner Lot

Exterior features

  • No Pool
  • Parking Off-Street

Interior Features

  • Master Downstairs

Property History

DateDays AgoEventNew Price
Jun 2, 20255 days agoPrice decreased24,950 (6%)$375,000
May 14, 202524 days agoPrice decreased45,050 (10%)$399,950
Mar 13, 20253 mos agoNew on market$445,000
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