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JRJeff ReynoldsCompass · Seattle

5306 5308 51st Avenue Ct W, University Place, WA 98467

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Active

Listed by Charles Burnett, Real Broker LLC

Active0 days on market

$874,000

$358 per sq ft

5306 5308 51st Avenue Ct W, University Place, WA 98467

University Place, WA, 98467

Sq ft
2,440
Built
2003
Parking
8 spaces
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

2,440
Square feet
$358
Per sq ft
Multi Family
Type
2003
Year built
11,798 sq ft
Lot
0
Days on market

About this property

Solid, turnkey duplex in the highly sought-after University Place area. Clean, meticulously maintained, and quality built in 2003, this property presents a rare opportunity. Each spacious unit offers 2 bedrooms, 1.75 baths, a primary suite with walk-in closet, vaulted ceilings, fireplace, and a large laundry room with in-unit washer and dryer. Situated on an oversized 11,800 SF corner lot in a quiet cul-de-sac, each unit also includes an attached two-car garage plus ample additional parking. Separate electrical and water meters. Tenants pay their own electricity, water, and garbage. Excellent opportunity for an owner-occupant / house hacker, or investor. Live in one unit and offset your mortgage with rental income or continue operating as a low-maintenance investment in one of Pierce County's most desirable rental markets.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2556594
Listed
July 23, 2026
Days on market
0
Price per sq ft
$358

Unit & building

Stories in building
1
Units in building
2

Parking

Covered spaces
4
Total spaces
8

Views

View
Territorial

Construction

Year built
2003
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Heat Pump
Cooling
Heat Pump
Energy source
ElectricPropane

Flooring

Flooring
VinylCarpet

Lot

Lot features
Corner LotCul-De-Sac
Lot size
11,798 sq ft

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
Public
Sewer
Sewer Connected

Schools

District
University Place

Listing history

  1. Listed

    $874,000

    July 23, 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

$5,089

Principal & interest
$4,419
Property tax (est.)
$670

Assumes $174,800 down (20%), a $699,200 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 24, 2026 at 1:30 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.