3703 Sunset Drive W, University Place, WA 98466
- $730,000
- 2,516
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: Skyline Properties, Inc..
- Sold Price
- $730,000
- List Price
- $700,000
- Status
- SOLD
- MLS#
- 2376881
- Closing Date
- Jul 02, 2025
- Days on Market
- 2
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,516
- Area Total SqFt
- 2516
- Annual Tax Ammount
- 4172.49
- Lot Size (sq ft)
- 21,450
- Sewer
- Septic Tank
Property Description
Spacious duplex on secluded half-acre corner lot in University Place! Each side lives like its own home, with 2 bathrooms, fireplace, in-unit W/D, covered parking, separate private decks, and outdoor storages! 3703 features a primary suite, one car attached garage and a den that can be a 3rd bedroom. 3701 is currently furnished and boasts a strong rental history as a high-demand Furnished Finder with near-zero vacancy. Furnishings transfer with sale! Live in one unit and offset your mortgage, or capitalize on this turnkey investment by renting both sides. Located in the UP School District, and less than a mile from Chambers Bay and the UP Trader Joe’s shopping center. A solid property with ideal layout and proven income potential.
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Additional Information
- List Date
- 2025-06-30 00:00:00
- Community
- University Place
- Net Operating Income
- $43,245
- Gross Adjusted Income
- $51,645
- Gross Scheduled Income
- $52,704
- Total Monthly Income
- $4,392
- Insurance Expenses
- $1,626
- Water/Sewer/Garbage Expenses
- $985
- Gross Rent Multiplier
- 25.45
- Total Expenses
- $8,404
- Cap Rate
- 6.12
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 3703
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1975
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Gas Available, Outbuildings
- Electric Expenses
- 566
- Energy Source
- Electric, Natural Gas
- School District
- University Place
- Elementary School
- Evergreen Primary
- Middle School
- Narrows View Interme
- High School
- Curtis Snr High
- Total Monthly Income
- $4,392
- Gross Scheduled Income
- $52,704
- Vacancy Rate
- 2
- Gross Adjusted Income
- $51,645
- Tax Year
- 2025
- Insurance Expense
- $1,626
- W/S/G Expenses
- $985
- Total Expenses
- $8,404
- Net Operating Income
- $43,245
- Gross Rent Multiplier
- 25.45
- Cap Rate
- 6.12
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.