216 Varner Avenue SE Unit #1 & 2, Orting, WA 98360
- $600,000
- 2,095
- SqFt
Listing courtesy of Washington Realty Group. Selling Office: James & Associates R.E. Inc..
- Sold Price
- $600,000
- List Price
- $658,000
- Status
- SOLD
- MLS#
- 2360563
- Closing Date
- Sep 30, 2025
- Days on Market
- 110
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,095
- Area Total SqFt
- 2095
- Annual Tax Ammount
- 4990
- Lot Size (sq ft)
- 14,648
- Sewer
- Sewer Connected
Property Description
Townhouse-Style Duplex in Prime Downtown Orting Location. Excellent opportunity for investors or owner-occupants, with one of the units move-in ready! This well-kept duplex offers two spacious 2-bedroom, 1.5-bath units in a desirable townhouse-style layout. Each unit features durable LVP flooring on the main level, a comfortable living room, dining area, kitchen, laundry room with hookups, and a covered parking space. Located in the heart of downtown Orting, just minutes from parks, restaurants, and scenic walking trails. Bonus: The identical duplex next door is also available—purchase both to maximize rental income or enjoy flexible living options!
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Additional Information
- List Date
- 2025-06-12 00:00:00
- Community
- Orting
- Net Operating Income
- $38,975
- Gross Adjusted Income
- $52,020
- Gross Scheduled Income
- $50,280
- Total Monthly Income
- $4,335
- Insurance Expenses
- $1,090
- Water/Sewer/Garbage Expenses
- $2,484
- Gross Rent Multiplier
- 13.24
- Total Expenses
- $10,964
- Cap Rate
- 5.66
- Vacancy Rate
- 4
- Total Number of Units
- 2
- Unit Name
- 216
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1990
- Roof
- Composition
- Other Expenses
- 2400
- Energy Source
- Electric
- School District
- Orting
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,335
- Gross Scheduled Income
- $50,280
- Vacancy Rate
- 4
- Gross Adjusted Income
- $52,020
- Tax Year
- 2025
- Insurance Expense
- $1,090
- W/S/G Expenses
- $2,484
- Total Expenses
- $10,964
- Net Operating Income
- $38,975
- Gross Rent Multiplier
- 13.24
- Cap Rate
- 5.66
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.