8124 8126 44th Street W, University Place, WA 98466

$649,950
1,612
SqFt

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Listing courtesy of Hawkins Poe. Selling Office: John L. Scott R.E.Tacoma North.

Sold Price
$649,950
List Price
$649,950
Status
SOLD
MLS#
2347414
Closing Date
Apr 25, 2025
Days on Market
2
Style
52 - Duplex
Finished SqFt
1,612
Area Total SqFt
1612
Annual Tax Ammount
6570
Lot Size (sq ft)
18,295
Sewer
Septic Tank

Property Description

This well-maintained duplex on 44th St W offers a prime chance to own an income-producing property in a desirable location. Each thoughtfully designed unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Situated on a generous 18,000+ sqft lot, the property offers ample outdoor space, abundant parking, and large yard areas. Recent updates include new exterior paint, vinyl windows, and replaced hot water heaters, ensuring long-term value and low maintenance. Located in the top-rated University Place School District and just minutes from shopping, dining, parks, and more. Whether you're an investor seeking strong rental potential or looking for an owner-occupied opportunity, this property is a find!

Additional Information

List Date
2025-04-23 00:00:00
Community
University Place
Net Operating Income
$22,259
Gross Adjusted Income
$30,000
Gross Scheduled Income
$30,000
Total Monthly Income
$2,500
Insurance Expenses
$841
Water/Sewer/Garbage Expenses
$180
Gross Rent Multiplier
21.63
Total Expenses
$7,741
Cap Rate
3.43
Total Number of Units
2
Unit Name
8124 8126
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1970
Roof
Composition
Site Features
Cable TV, Fenced-Partially
Electric Expenses
150
Energy Source
Electric
School District
University Place
Total Monthly Income
$2,500
Gross Scheduled Income
$30,000
Gross Adjusted Income
$30,000
Tax Year
2025
Insurance Expense
$841
W/S/G Expenses
$180
Total Expenses
$7,741
Net Operating Income
$22,259
Gross Rent Multiplier
21.63
Cap Rate
3.43
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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