Bought with: COMPASS
$730,000
$699,500
4.4%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
6 Baths
3,126 SqFt
SOLD DATE : 09/04/2026
Key Details
Sold Price $730,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,126 sqft
Price per Sqft $233
Subdivision University Place
MLS Listing ID 2567969
Sold Date 09/04/26
Style 52 - Duplex
Bedrooms 4
Year Built 1988
Annual Tax Amount $9,127
Lot Size 0.305 Acres
Property Sub-Type Multi Family
Property Description
SOLD AS-IS. No exceptions. Bring your vision and unlock the potential of this spacious University Place duplex! This property offers an excellent opportunity for investors, owner-occupants, or do-it-yourself buyers. Build sweat equity if you update/repair deck, siding, some new flooring, one of the kitchen countertops, and fresh interior and exterior paint (or more). Both units are mirrored in layout, each featuring a vaulted living room with wood-burning fireplace, eat-in kitchen with dining space, main-level primary suite with private bath and walk-in closet, guest half bath with full-size washer and dryer area, plus direct access to a two-car garage and large backyard. Upstairs offers two additional rooms with closets, a den, and a full bath. The partially fenced backyard adds even more potential with a powered shop plus an additional one-car garage for each unit, both with street access and fenced off from the street. Long-term ownership and tenancy, one side had been owner occupied for 32 years, while tenant on the other side called it home for more than 30 years. Kitchens are pretty okay with updated appliances. Live in one side while renting the other, renovate and reposition for increased income potential, or hold as a long-term investment. Tucked at the end of a cul-de-sac for added privacy while remaining close to University Place shopping, dining, Chambers Bay, award-winning schools, and more. A rare opportunity to create value in a highly desirable location.
Location
State WA
County Pierce
Area 35 - University Place
Interior
Flooring Engineered Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Garage Spaces 6.0
Amenities Available Deck, Fenced-Partially, Outbuildings, Shop, Sprinkler System
View Y/N No
Roof Type Composition
Building
Lot Description Cul-De-Sac, Dead End Street, Paved
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Drum Intermed
High Schools Curtis Snr High
School District University Place
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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