3111 Greenwood Avenue W, University Place, WA 98466

$500,000
3
BD
1
BA
1,069
SqFt

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Listing courtesy of Toril Sells Houses Team. Selling Office: John L. Scott R.E.Tacoma North.

Sold Price
$500,000
List Price
$475,000
Status
SOLD
MLS#
2487135
Closing Date
Mar 19, 2026
Days on Market
3
Bedrooms
3
Finished SqFt
1,069
Area Total SqFt
1069
Annual Tax Ammount
6030.27
Lot Size (sq ft)
12,000
Fireplace
Yes
Sewer
Sewer Connected
Offer Review Date
2026-03-12

Property Description

Prime University Place location! One-owner 1-story home with a huge unfinished basement, packed with potential and ready for its next chapter. This 3-bedroom, 1-bath time capsule is full of charm, featuring hardwood floors and a sweet, vintage kitchen with classic character. The cozy living room offers a wood-burning fireplace with gas insert (propane tank removed), and vinyl windows are installed throughout. Laundry hook-ups are available in one of the bedrooms and also in the unfinished basement, which includes both interior access and separate exterior entry—offering flexibility for storage, future expansion, or potential additional living space. The fully fenced yard spans four lots and includes an oversized detached one-car garage. Per the City of University Place, potential development options may include one single-family residence + two ADUs, or one duplex + one ADU (buyer to verify all development possibilities). An exceptional opportunity for investors, builders, or buyers looking for versatility, upside, and long-term value in a highly desirable location. Walking distance to Whole Foods and amenities.

Additional Information

Community
University Place
Style
16 - 1 Story w/Bsmnt.
Basement
Unfinished
Year Built
1949
Total Covered Parking
1
Roof
Composition
Site Features
Fenced-Partially, Patio
Tax Year
2026
School District
University Place
Elementary School
Evergreen Primary
Middle School
Narrows View Interme
High School
Curtis Snr High
Potential Terms
Cash, Conventional, Rehab Loan
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace
Flooring
Ceramic Tile
Driving Directions
Hwy 16 to Jackson St exit heading south towards University Place. Take a right on 31st (west), Left on Greenwood Ave W, Home on Left.
Appliance
Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Oil, Wood
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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