Listed by Brian Thayer, Keller Williams Rty Tacoma
- 3,548
- Square feet
- $268
- Per sq ft
- Multi Family
- Type
- 1966
- Year built
- 15,066 sq ft
- Lot
- 111
- 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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Jeff's Neighborhood Guide
Get to know the University Place area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2541333
- Listed
- June 19, 2026
- Days on market
- 111
- Price per sq ft
- $268
- Original list price
- $1,000,000
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
Listed
$1,000,000
June 19, 2026
Current price
$950,000
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
$5,532
- Principal & interest
- $4,804
- Property tax (est.)
- $728
Assumes $190,000 down (20%), a $760,000 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.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 3:30 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.