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16-Unit Apartment Building
For Sale
$2,365,000

1101 Pacific Ave N, Long Beach, WA 98631

Renovated interiors, refreshed shared areas, and full occupancy define this multifamily property.

Property Size12,672 SF
Price / SF$186.63
Days on Market84

Property Features for 1101 Pacific Ave N

General Information

Standard status Active
Size 12,672 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 16

Building Details

Year Built 1981
Listing Agency: Century 21 Pacific Realty
Listed By: Leslie Brophy · License #12336
Source: Chehalisvalleyrealty
Added: Jul 24 Changed: Oct 14 Last Checked: Oct 7 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Pacific Realty

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Investment Insights

Based on property information with market context.

Built in 1981, this 12,672-square-foot apartment property contains 16 units on a full city block in Long Beach, Washington. All units are currently rented, providing an occupied multifamily configuration for prospective purchasers. Interior renovation work has been completed in recent years, while common areas include updated carpeting and fire escape towers.

The property is located at 1101 Pacific in Long Beach on the Long Beach Peninsula. Its apartment-unit count, full-block footprint, and established improvements create a defined residential income asset with existing occupancy.

Key Highlights

  • 16 apartment units, all rented
  • 12,672‑square‑foot multifamily property
  • Situated on a full city block

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Locksmith Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

223
Businesses Nearby

Demographics for 98631, WA

3,704
Population
3,143
Households
1.2
Avg Household Size
56
Median Age
28%
College-Educated
94%
High-School Grad
22.7 sq mi
ZIP Area
163
Density / Sq Mi
$59,511
Median Household Income
$44,813
Median Earnings
$838
Median Rent
$338,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated interiors, refreshed shared areas, and full occupancy define this multifamily property.
Where is this apartment building located?
The property is located at 1101 Pacific Ave N Long Beach, WA.
What is the asking price?
The asking price for this property is $2,365,000.
What are key features of this property?
This property features: 16 apartment units, all rented; 12,672‑square‑foot multifamily property; Situated on a full city block
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