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JRJeff ReynoldsCompass · Seattle
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Active

Listed by Denise Christofferson, Keller Williams Realty PS

2,692
Square feet
$288
Per sq ft
Multi Family
Type
2005
Year built
16,314 sq ft
Lot
1
Days on market

About this property

Tucked away on a private road in a residential neighborhood, this townhouse-style duplex offers something you don’t always find with an investment property; space, privacy and flexibility. Each spacious unit features 3 bedrooms, 3 bathrooms and plenty of parking, creating options for an investor, owner-occupant or multigenerational living. Side A was updated in 2025, while Side B was updated approximately 7 years ago, providing strong rental income today with additional opportunity to add value over time. A new roof and gutters were installed in 2025, taking care of two important big-ticket items. Both tenants are currently month-to-month, giving the next owner added flexibility. (Photos have been edited to remove tenants personal items). For investors, the numbers are worth a look with a current 7.09% cap rate and potential for future upside. The seller also previously explored adding a DADU and completed some preliminary legwork, giving a future owner a head start should they choose to investigate that possibility further. Located within the Fife School District and close to Triangle Park, the Milton Interurban Trail, shopping, dining and major commuter routes, this property combines a residential setting with convenient access to everything you need.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2569940
Listed
August 20, 2026
Days on market
1
Price per sq ft
$288

Unit & building

Stories in building
2
Units in building
2

Parking

Parking
RV Parking
Covered spaces
2
Total spaces
12

Construction

Year built
2005
Style
52 - Duplex
Structure
Duplex
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Flooring

Flooring
Ceramic TileLaminateSlateCarpet

Lot

Lot features
Dead End Street
Lot size
16,314 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
City of Milton
Sewer
Pierce County Sewer
Power
City of Milton

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.

  • RV Parking
  • Duplex
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Ceramic Tile
  • Laminate
  • Slate
  • Carpet
  • Dead End Street
  • Cash

Listing history

  1. Listed

    $775,000

    August 20, 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

$4,513

Principal & interest
$3,919
Property tax (est.)
$594

Assumes $155,000 down (20%), a $620,000 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 21, 2026 at 10:15 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.