5503 51st Avenue Ct NW, Gig Harbor, WA 98335
- $810,000
- 2,212
- SqFt
Listing courtesy of PropertiesNW of Gig Harbor Ltd. Selling Office: Windermere Prof Partners.
- Sold Price
- $810,000
- List Price
- $795,000
- Status
- SOLD
- MLS#
- 2449383
- Closing Date
- Nov 20, 2025
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 2,212
- Area Total SqFt
- 2212
- Annual Tax Ammount
- 5432
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 18,814
- Sewer
- Septic Tank
Property Description
Fantastic duplex opportunity in a prime Gig Harbor location—close to shopping, dining, schools, and quick highway access. Unit 5503 (right) has been refreshed with new interior paint, LVP flooring, modern kitchen cabinets, quartz countertops, and island seating that opens into the light-filled main living area. Step outside to a generous stamped concrete patio perfect for outdoor dining and entertaining. Unit 5501 was updated in 2022. Live in one and rent the other, or add a desirable rental to your portfolio—versatile options in a high-demand market.
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Additional Information
- List Date
- 2025-11-19 00:00:00
- Community
- Wollochet
- Net Operating Income
- $50,365
- Gross Adjusted Income
- $50,365
- Gross Scheduled Income
- $57,600
- Total Monthly Income
- $2,400
- Insurance Expenses
- $1,800
- Gross Rent Multiplier
- 13.8
- Total Expenses
- $7,232
- Cap Rate
- 6.36
- Total Number of Units
- 2
- Unit Name
- 5503
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1997
- View
- Territorial
- Roof
- Composition
- Site Features
- Cabana/Gazebo, Cable TV, High Speed Internet, Patio, Propane
- Energy Source
- Electric
- School District
- Peninsula
- Elementary School
- Harbor Heights Elem
- Middle School
- Goodman Mid
- High School
- Gig Harbor High
- Total Monthly Income
- $2,400
- Gross Scheduled Income
- $57,600
- Gross Adjusted Income
- $50,365
- Tax Year
- 2025
- Insurance Expense
- $1,800
- Total Expenses
- $7,232
- Net Operating Income
- $50,365
- Gross Rent Multiplier
- 13.8
- Cap Rate
- 6.36
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.