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JRJeff ReynoldsCompass · Seattle

Listed by Dan Yoo, TS Property Management

2,330
Square feet
$322
Per sq ft
Multi Family
Type
1945
Year built
11,325 sq ft
Lot
139
Days on market

About this property

Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an excellent opportunity to grow your portfolio. Act now and secure your foothold in this thriving market!

Location & commute

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Directions

Property details

Listing details

Listing number
#2502777
Listed
April 6, 2026
Days on market
139
Price per sq ft
$322

Unit & building

Stories in building
1
Units in building
3

Parking

Parking
RV Parking
Total spaces
10

Views

View
Territorial

Construction

Year built
1945
Style
53 - Tri-plex
Structure
Triplex
Roof
Composition

Heating & cooling

Heating
BaseboardWall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl PlankCarpet

Lot

Lot features
Open Space
Lot size
11,325 sq ft

Terms

Terms offered
CashConventionalFHA

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
University Place
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • RV Parking
  • Territorial
  • Triplex
  • Composition
  • Baseboard
  • Wall Furnace
  • None
  • Electric
  • Vinyl Plank
  • Carpet
  • Open Space
  • Cash

Listing history

  1. Listed

    $750,000

    April 6, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,367

Principal & interest
$3,792
Property tax (est.)
$575

Assumes $150,000 down (20%), a $600,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 28, 2026 at 5:03 AM PDT. 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.