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.
| MLS # | 2541333 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 78 |
| Listing Provided By | Keller Williams Rty Tacoma | Brian Thayer |
| SQ Feet | 3,548 |
|---|---|
| Garage | 4 |
| Story(s) | 1 |
| Units | 2 |
| Zoning | Residential |
| Acreage | 0.35 |
| Property | 11388 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | University Place |
| Zip Code | 98466 |
| Area | 32 University Place |
| Community Name | University Place |
| Listing VS Median (in University Place) | |
Price: $975,000 low | high Med: $655,000 sqft: 3,548 low | high Med: 1,747 $ / sqft: $275 low | high Med: $375 On site: 78 low | high Med: 15 | |
| State | WA |
|---|---|
| County | Pierce |
| City | University Place |
| Zip Code | 98466 |
| Area | 32 University Place |
| Community Name | University Place |
| Listing VS Median (in University Place) | |
Price: $975,000 low | high Med: $655,000 sqft: 3,548 low | high Med: 1,747 $ / sqft: $275 low | high Med: $375 On site: 78 low | high Med: 15 | |