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JRJeff ReynoldsCompass · Seattle

Listed by Brian Thayer, Keller Williams Rty Tacoma

3,548
Square feet
$282
Per sq ft
Multi Family
Type
1966
Year built
15,066 sq ft
Lot
24
Days on market

About this property

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 & commute

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Directions

Property details

Listing details

Listing number
#2541333
Listed
June 19, 2026
Days on market
24
Price per sq ft
$282

Unit & building

Stories in building
1
Units in building
2

Parking

Covered spaces
4
Total spaces
6

Construction

Year built
1966
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
Forced Air
Energy source
Natural Gas

Flooring

Flooring
Vinyl PlankCarpet

Lot

Lot features
Paved
Lot size
15,066 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Tacoma Public Utilities
Sewer
Pierce Co Sewer
Power
Tacoma Public Utilities

Schools

District
University Place

What stands out to you?

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  • Duplex
  • Composition
  • Forced Air
  • Natural Gas
  • Vinyl Plank
  • Carpet
  • Paved
  • Cash
  • Conventional
  • FHA
  • VA Loan

Listing history

  1. Listed

    $1,000,000

    June 19, 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

$5,824

Principal & interest
$5,057
Property tax (est.)
$767

Assumes $200,000 down (20%), a $800,000 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 July 13, 2026 at 11:01 PM 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.