About this property

Single-level living and investment flexibility in University Place! This ranch-style duplex offers two spacious residences, each featuring 3 bedrooms, 2 bathrooms, approximately 1,578 sq ft and an attached 2-car garage. The generous layouts provide comfortable living space, while one-story design adds everyday convenience. Located within the University Place School District and situated off 67th, the property offers easy commuting options. Both residences are occupied by long-term tenants, with current rents below market presenting potential for future income growth. The seller has obtained approval for condominium conversion, creating an opportunity for separate ownership and individual resale upon completion of the conversion. Hold both residences as an investment, explore future owner-occupancy with rental income from the other side to help offset mortgage costs, or pursue individual ownership as your needs evolve. The layout also offers possibilities for multigenerational living: separate homes provide privacy and independence while keeping loved ones close. With a full 3-bedroom, 2-bath home and an attached garage on each side, each residence offers the space and functionality to stand on its own. Established tenancies, single-level floor plans and an approved path toward condominium ownership make this a versatile opportunity with several options for the next owner. Consider the possibilities for rental income, future personal use or separate resale in University Place.