4719 & 4721 Sunset Drive W, University Place, WA 98466

$572,500
1,584
SqFt

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Listing courtesy of PRO RLTYSRVCS Eastside. Selling Office: John L. Scott, Inc.

Sold Price
$572,500
List Price
$555,000
Status
SOLD
MLS#
2376619
Closing Date
Jun 26, 2025
Days on Market
5
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,584
Area Total SqFt
1584
Annual Tax Ammount
5017
Lot Size (sq ft)
15,246
Sewer
Sewer Connected

Property Description

Amazing investment opportunity in University Place! This side-by-side 2-unit rambler features two 2-bedroom, 1-bath units—each with individual carports, ample off-street parking, and a large fenced backyard for added privacy. Enjoy the benefits of a brand-new roof and below-market rents with strong upside potential. Each unit includes spacious bedrooms and comfortable layouts. Prime location—just a short walk to Narrows View School and only 2 miles from Chambers Bay and the UP town center. Live in one and rent the other, or add this property to your portfolio. Great rental history with long-term tenants and low insurance premiums. Limited showings—advance notice required. Please do not disturb tenants.

Additional Information

List Date
2025-06-21 00:00:00
Community
University Place
Net Operating Income
$21,246
Gross Adjusted Income
$33,600
Gross Scheduled Income
$33,600
Total Monthly Income
$2,800
Insurance Expenses
$5,865
Water/Sewer/Garbage Expenses
$1,471
Gross Rent Multiplier
154.17
Total Expenses
$12,353
Cap Rate
4
Total Number of Units
2
Unit Name
4719 & 4721
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1969
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
University Place
Elementary School
Buyer To Verify
Middle School
Narrows View Interme
High School
Curtis Snr High
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Gross Adjusted Income
$33,600
Tax Year
2025
Insurance Expense
$5,865
W/S/G Expenses
$1,471
Total Expenses
$12,353
Net Operating Income
$21,246
Gross Rent Multiplier
154.17
Cap Rate
4
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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