98467 Homes with 54 - 4-Plex Style

98467 Homes with 54 - 4-Plex Style

Welcome to the vibrant community of University Place, nestled in the heart of Pierce County, Washington, and served by the inviting 98467 zip code. This charming area is known for its picturesque landscapes, top-rated schools, and a strong sense of community, making it an ideal place for families and professionals alike.

The 98467 zip code boasts a variety of housing options, but one standout style is the 4-plex home. These multi-family residences are perfect for those seeking both comfort and investment potential. Each 4-plex offers four distinct living spaces, providing an excellent opportunity for homeowners looking to generate rental income or for investors aiming to expand their portfolio. With thoughtful layouts and modern amenities, these homes cater to a range of lifestyles and preferences.

Living in University Place means you’re just a stone’s throw away from beautiful parks, scenic waterfronts, and recreational activities. Enjoy leisurely strolls along the picturesque waterfront at Chambers Bay, or take advantage of the numerous trails and outdoor spaces that the area has to offer. The community is also known for its excellent dining options, shopping venues, and easy access to major highways, making commuting a breeze.

Whether you’re searching for your first home or an investment opportunity, the 4-plex homes in the 98467 area provide a unique blend of affordability and potential. Experience the charm of University Place and discover why so many people are proud to call this wonderful community home. Your dream property awaits!

Newest 98467 Homes with 54 - 4-Plex Style

5209 S Orchard Street, Tacoma
$860,000
2589131 MLS ⋅ ACTIVE Status
FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.8% cap and market cap rate of 8.8%.

5209 S Orchard Street, Tacoma

Listing Broker: Kidder Mathews; Brian Richardson; 206-276-6811; brianr@kiddermathews.com

4907 S Orchard Street Unit #A-D, Tacoma
$835,000
2573761 MLS ⋅ ACTIVE Status
* SOLID, LOW MAINTENANCE INVESTMENT OPPORTUNITY * The fourplexes in the Orchard Park Apt community are rarely available, last sale was 2021. This is perfect if you're looking for your first rental property or want to expand your current portfolio by four doors! This apt community is located just south of Fircrest & east of University Place. It features four spacious 2-bed, 1-bath units, each with full w/d, fireplace + carport parking, a leasing advantage in this corridor. Unit C fully updated 2024. Both upper units have balconies, lower units enjoy patio space. New $20k roof. Lease renewals could provide the opening to implement RUBS to recapture w/s/g exp. One unit is VACANT & ready to update to achieve max rent or house hackers may occupy one while the other 3 pay your mortgage. Great access to I-5, SR-16 & neighborhood services. For commuters to JBLM or going north to King Co, the area provides major transportation options. Whether you're a seasoned investor looking to increase rents & build long-term equity or an owner-occupant seeking a smart house-hack, this property offers multiple paths to maximize your investment & deserves serious consideration. The chance to acquire a well-maintained 4plex with potential upside or owner-occupant flexibility are increasingly difficult to find in today's Puget Sound market. HOA covers garbage & landscaping. Clean records, easy to self-manage. Seller's exit is your gain. Buyer to verify measurements, rents & financing eligibility.

4907 S Orchard Street Unit #A-D, Tacoma

Listing Broker: Multifamily Properties; Brandon M Vukelich; 206-250-6961; brandon@bv-re.com

5208 63rd Avenue Ct W, University Place
$1,100,000
2548507 MLS ⋅ ACTIVE Status
First time on the market... 2 University Place Duplexes on 2 separate parcels. (5208 / 5210 & 5214 / 5216) Each unit is approx 996 sf, 2 bedrooms, 1.75 baths/ea., 1 car garages, washer & dryer in ea unit, wood burning fireplace. Living area, kitchen, dining & 1/2 bath on the main floor. 2 bedrooms & 1.25 bath below. Semi Private setting with only these 4 units on the Dead End road. 2 units are vacant, 2 are rented at under market value. Please do not view without a real estate broker Please do not bother tenants.

5208 63rd Avenue Ct W, University Place

Listing Broker: Engel & Volkers Chambers Bay; Chris J Barrett; 253-380-2709; chrisbarrett@chambersbayre.com

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Based on information submitted to the MLS GRID as of . 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.
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