Listed By:
Keller Williams Rty Tacoma and NWMLS
Address
5306 5308 51st Avenue Ct W, University Place, WA
Price
$ 800,000
Property Attributes
  • ID#2161981
  • TypeMulti-Family
  • CountyPIERCE
  • CityUniversity Place
  • AreaUniversity Place
  • NeighborhoodUniversity Place
  • Zip98467
  • StyleDuplex
  • Year Built2003
  • Taxes$ 7864
  • Price$ 800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2443
  • Lot Size11,796 SqFt
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Pristine Duplex Investment with a Unique Owner-Occupied Option in the highly coveted University Place area. This duplex is meticulously maintained, boasting both an attractive facade and low maintenance needs, offering investors peace of mind. Inside, you'll discover spacious units with multiple bedrooms and bathrooms, propane fire places, vaulted ceilings and large 2 car garage each side, making them ideal for tenants and comfortably accommodating owner-occupiers. The flexibility of this investment is a standout feature - whether you choose to enjoy steady rental income from one unit while residing in the other, or opt to lease both units at competitive market rates. Tenants cover essential costs, power, water, garbage, and propane.

Price History
9/18/2023 Listed $800,000

General Features

Amenities Thermal Windows
Building Area Units Square Feet
Carport Y/N No
City University Place
County Pierce
Directions From S Orchard St west on 53rd St W, left on 51st Ave Ct W to property on right.
Energy Efficient Thermal Windows
Exterior Features Metal/Vinyl
High School District Tacoma
Insurance Expense 1141
Interior Features Wall to Wall Carpet
Leasable Area 2443
Listing Terms Cash Out, Conventional, FHA, VA Loan
Lot Size Square Feet 11798
MLS Area 34 - University Place
Net Operating Income 36211
New Construction No
Open Parking Spaces 4
Possession Closing, Tenant's Rights
Possible Use Multi-Family
Property Condition Very Good
Property Style 52 - Duplex
Property SubType Multi-Family
Property Type Residential Income
Public Remarks Pristine Duplex Investment with a Unique Owner-Occupied Option in the highly coveted University Place area. This duplex is meticulously maintained, boasting both an attractive facade and low maintenan
Roof Composition
Senior Community Y/N No
Sewer Sewer Connected
Special Listing Conditions None
Standard Status Active
Status Active
Street Name 51st
Structure Type Duplex
Subdivision Name University Place
Tax Annual Amount 7864
Tax Year 2023
Total Units 2
Units Below Grade false
Units In Building Total 2
View Y/N No
Water Company TPU
Water Sewer Garbage 1344
Waterfront Y/N No
Year Built 2003
Zoning Class Multi-Family

Interior Features

Air Conditioning Y/N Yes
Fireplace Y/N No
Flooring Vinyl, Carpet
Furnished Y/N Unfurnished
Heating Y/N Yes
Living Area Units Square Feet
Power Production Type Electric, Propane
Street Suffix Avenue Ct
Total Stories 1

Exterior Features

Building Area Total 2443
Covered Spaces 4
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Features Dead End Street, Paved
Lot Size Acres 0.2708
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Uncovered Spaces 4
Site Features Cable TV, Deck, Propane, Sprinkler System
Total Parking 8
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98467

Price
AVG $690K
$800K
Taxes
AVG $7,635
$7,864
Visits
AVG 54
12
Year Built
AVG 1983
2003
Walkscore
AVG 36
41
Data Provided by Walkscore ® not using MLS data