$300,000
Listed at $375,0003 bd•1 ba•1,250 sq ft
503 1st Avenue E, Pacific, WA 98047
• Listed 2025-03-13
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Based on information submitted to the MLS GRID as of August 7, 2025 at 04:01am (date and time MLS GRID Data was obtained). 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.
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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 Kari Roberts • Windermere RE West Campus Inc
Listing updated: August 7, 2025 at 04:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2342993
$358,000
+$58,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $300K and $565K.
Rental earnings
$1,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$300,000Last sold price
503 1st Avenue E, Pacific, WA 98047

$315,000Last sold price
419 2nd Avenue Se, Pacific, WA 98047
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
More homes in this area that match your range.
Pacific is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$565,000 Sold
3 days ago
3 bd•2 ba•~1,452 sq ft•Single Family
134 5th Avenue Se, Pacific, WA 98047
3%
Over list
—
Days on market
0.7 mi
Distance
$560,000 Sold
4 days ago
4 bd•2.5 ba•~2,160 sq ft•Single Family
767 Oakhurst Drive, Pacific, WA 98047
1%
Over list
—
Days on market
0.4 mi
Distance
$550,000 Sold
6 weeks ago
3 bd•2.5 ba•~1,410 sq ft•Single Family
615 Chicago Boulevard S, Pacific, WA 98047
0%
Over list
—
Days on market
1.0 mi
Distance
$285,000 Sold
7 weeks ago
3 bd•~1,670 sq ft•Single Family
111 4th Avenue Sw, Pacific, WA 98047
15%
Under list
—
Days on market
0.7 mi
Distance
$595,000 Sold
2 months ago
4 bd•2.5 ba•~2,065 sq ft•Single Family
509 Milwaukee Boulevard S, Pacific, WA 98047
0%
Over list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Auburn School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.