4111 Wollochet Drive NW, Gig Harbor, WA 98335

$1,050,000
4,052
SqFt

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Listing courtesy of RE/MAX Exclusive. Selling Office: Windermere Prof Partners.

Sold Price
$1,050,000
List Price
$1,095,000
Status
SOLD
MLS#
2503727
Closing Date
May 18, 2026
Days on Market
6
Style
52 - Duplex
Finished SqFt
4,052
Area Total SqFt
4052
Annual Tax Ammount
8929
Internet Provider
Xfinity
Lot Size (sq ft)
109,771
Sewer
Septic Tank

Property Description

Exceptional opportunity in the desirable Artondale area of Gig Harbor with seasonal views of Wollochet Bay, offering versatility, space, and thoughtful updates on nearly 2.5 acres. This refreshed duplex features new carpet, fresh interior paint, laminate flooring, quartz countertops, and new appliances-creating a clean, move-in ready feel throughout both units. Each side offers a functional layout with main floor living, kitchen, and dining, upstairs bedrooms, and a lower-level basement with washer and dryer plus abundant storage-an uncommon and valuable feature for duplex living. What truly sets this property apart is the impressive 48x60 detached metal shop/garage, privately situated with its own access off a separate road. Ideal for hobbies, storage, workspace, or potential additional income use, this is a rare find that adds significant flexibility and appeal. Positioned in one of Gig Harbor’s most sought-after locations, you’re perfectly centered between Uptown and Gig Harbor famous fishing village downtown, with easy access to shopping, dining, waterfront activities, top-rated schools and for commuters HWY 16 is just minutes away. Whether you’re looking to invest, occupy one side and lease the other, or simply secure a property with long-term upside and usable land, this is a compelling opportunity in a premier setting. Live inspired in Gig Harbor-where lifestyle, location, and potential come together.

Additional Information

List Date
2026-05-12 00:00:00
Community
Wollochet
Net Operating Income
$11,500
Gross Scheduled Income
$44,900
Total Monthly Income
$56,400
Insurance Expenses
$2,500
Water/Sewer/Garbage Expenses
$50
Gross Rent Multiplier
4
Total Expenses
$11,679
Cap Rate
5
Total Number of Units
2
Unit Name
4111
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1983
Roof
Composition
Site Features
Deck, Fenced-Partially, Outbuildings
Electric Expenses
200
Energy Source
Electric
School District
Peninsula
Elementary School
Artondale Elem
Middle School
Kopachuck Mid
High School
Gig Harbor High
Total Monthly Income
$56,400
Gross Scheduled Income
$44,900
Tax Year
2025
Insurance Expense
$2,500
W/S/G Expenses
$50
Total Expenses
$11,679
Net Operating Income
$11,500
Gross Rent Multiplier
4
Cap Rate
5
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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