5118 Hunt Street NW, Gig Harbor, WA 98335
- $965,000
- 4,600
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: COMPASS.
- Sold Price
- $965,000
- List Price
- $965,000
- Status
- SOLD
- MLS#
- 2466501
- Closing Date
- Feb 19, 2026
- Days on Market
- 5
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 4,600
- Area Total SqFt
- 4600
- Annual Tax Ammount
- 9392
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 31,799
- Sewer
- Septic Tank
Property Description
Rare opportunity to own a Gig Harbor triplex with built-in flexibility. Featuring a 3-bed, 1.75-bath, a 1-bed, .75 bath, and a 2-bed, 1.75-bath with possible office, this property is versatile and just minutes from Uptown, shopping, schools, and dining. With 4 total garage spaces and plenty of off-street parking, your tenants will appreciate it. One unit is intentionally vacant, making it ideal for owner-occupants who want to live in one unit while offsetting expenses by renting the others. A newer roof, mini-split heat pumps and smart layouts make this an ideal investment. This is a great path to ownership and income in a desirable location.
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Additional Information
- List Date
- 2026-02-14 00:00:00
- Community
- Artondale
- Net Operating Income
- $59,981
- Gross Adjusted Income
- $71,250
- Gross Scheduled Income
- $75,000
- Total Monthly Income
- $6,250
- Insurance Expenses
- $1,877
- Gross Rent Multiplier
- 12.86
- Total Expenses
- $11,269
- Cap Rate
- 6.2
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 5118
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1994
- View
- Territorial
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Gas Available
- Energy Source
- Electric, Natural Gas
- School District
- Peninsula
- Elementary School
- Discvy Elem
- Middle School
- Goodman Mid
- High School
- Gig Harbor High
- Total Monthly Income
- $6,250
- Gross Scheduled Income
- $75,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $71,250
- Tax Year
- 2025
- Insurance Expense
- $1,877
- Total Expenses
- $11,269
- Net Operating Income
- $59,981
- Gross Rent Multiplier
- 12.86
- Cap Rate
- 6.2
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.