8606 8608 145th Street NW, Gig Harbor, WA 98329

$777,000
2,264
SqFt

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Listing courtesy of Windermere Prof Partners. Selling Office: Westmoreland Properties.

Sold Price
$777,000
List Price
$777,000
Status
SOLD
MLS#
2427217
Closing Date
Oct 02, 2025
Days on Market
5
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,264
Area Total SqFt
2264
Annual Tax Ammount
5260
Lot Size (sq ft)
53,579
Sewer
Septic Tank

Property Description

Different than the typical duplex that comes up for sale! This duplex is located in a residential neighborhood, on over an acre lot, and offers a very peaceful setting. The land is 100% level with plenty of parking and the potential to put a shop or detached garage in the back (buyer to verify). This is a great opportunity to live in one side, and rent the other. The vacant unit has been recently remodeled, including a new refrigerator, stove, microwave and washer/dryer and the other unit has long term tenants on a month-to-month lease providing instant income. Whether you’re looking for an investment or a place to call home, this property offers flexibility and opportunity.

Additional Information

List Date
2025-09-27 00:00:00
Community
Wauna
Net Operating Income
$47,092
Gross Adjusted Income
$53,988
Gross Scheduled Income
$53,988
Total Monthly Income
$4,499
Insurance Expenses
$1,636
Gross Rent Multiplier
14.39
Total Expenses
$6,896
Cap Rate
6
Total Number of Units
2
Unit Name
8606 8608
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1987
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, RV Parking
Energy Source
Electric, Wood
School District
Peninsula
Elementary School
Minter Creek Elem
Middle School
Key Peninsula Mid
High School
Peninsula High
Total Monthly Income
$4,499
Gross Scheduled Income
$53,988
Gross Adjusted Income
$53,988
Tax Year
2024
Insurance Expense
$1,636
Total Expenses
$6,896
Net Operating Income
$47,092
Gross Rent Multiplier
14.39
Cap Rate
6
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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