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JRJeff ReynoldsCompass · Seattle

Listed by Nazar Pekhotin, Best Choice Realty LLC

2,200
Square feet
$330
Per sq ft
Multi Family
Type
1976
Year built
36,590 sq ft
Lot
45
Days on market

About this property

Rare opportunity in one of Pierce County’s most desirable locations. This fully recently renovated duplex features updated bathrooms, kitchens, flooring, doors, finishes, trim, and more — move-in ready with modern updates throughout. 6.57% Cap Rate! Live in one side and rent the other, or rent both units for strong cash flow (currently $2,850 + $2,200). The property sits on a large private lot, secluded down a long driveway and backed by a beautiful green belt and partial views of Mount Rainier. Zoned for multi-family, the front portion of the lot offers possible future development potential for another Duplex, a Detached Accessory Dwelling Unit (DADU), or construction of an additional residence. Minutes to I-5, shopping, and Browns Point waterfront with excellent schools nearby. No HOA! Plenty of parking and a spacious lot round out this hard-to-find opportunity in a high-demand area. Opportunities like this are rare-- don't miss your chance! Buyers to verify all developmental potential. Interior viewing available with 48 hour notice.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2565099
Listed
August 6, 2026
Days on market
45
Price per sq ft
$330
Original list price
$749,900

Unit & building

Stories in building
3
Units in building
2

Parking

Total spaces
11

Views

View
MountainsTerritorial

Construction

Year built
1976
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
Vinyl Plank

Lot

Lot features
Dead End StreetSecluded
Lot size
36,590 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
TPU
Sewer
Septic
Power
TPU

Schools

District
Fife
Elementary
Buyer To Verify
Middle
Surprise Lake Mid
High
Fife High

What stands out to you?

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

  • Mountains
  • Territorial
  • Duplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl Plank
  • Dead End Street
  • Secluded
  • Cash
  • Conventional

Listing history

  1. Listed

    $749,900

    August 6, 2026

  2. Current price

    $725,000

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

$4,222

Principal & interest
$3,666
Property tax (est.)
$556

Assumes $145,000 down (20%), a $580,000 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 September 20, 2026 at 12:30 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.