Bought with: Engel & Volkers Chambers Bay
$915,000
$950,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
3,548 SqFt
SOLD DATE : 11/05/2026
Key Details
Sold Price $915,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,548 sqft
Price per Sqft $257
Subdivision University Place
MLS Listing ID 2541333
Sold Date 11/05/26
Style 52 - Duplex
Bedrooms 6
Year Built 1966
Annual Tax Amount $11,388
Lot Size 0.346 Acres
Property Sub-Type Multi Family
Property Description
Beautifully Maintained Duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include one fully renovated unit with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.
Location
State WA
County Pierce
Area 32 - University Place
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Stone, Wood
Garage Spaces 4.0
View Y/N No
Roof Type Composition
Building
Lot Description Paved
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District University Place
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with: Engel & Volkers Chambers Bay

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