6222 54th Avenue Ct W, University Place, WA 98467
- $675,000
- 2,800
- SqFt
Listing courtesy of Windermere Prof Partners.
- List Price
- $675,000
- Status
- PENDING
- MLS#
- 2525075
- Price Change
- ▼ $50,000 1779924374
- Days on Market
- 42
- Style
- 52 - Duplex
- Finished SqFt
- 2,800
- Area Total SqFt
- 2800
- Annual Tax Ammount
- 7690
- Lot Size (sq ft)
- 12,000
- Sewer
- Septic Tank
Property Description
Excellent investment opportunity in sought-after University Place! This duplex features two spacious 3 bed, 1.75 bath units with approx. 1,400 SF each. Functional layouts include ensuite bedrooms downstairs, covered decks off the dining rooms, and attached 1-car garages for both units. Major updates include a newer roof and septic system. Prime location directly across from Meadow Park Golf Course with easy access to shopping, dining, and amenities. Units are ready for cosmetic updates, offering excellent sweat equity and upside potential for the next investor.
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Additional Information
- List Date
- 2026-06-18 17:08:11
- Community
- University Place
- Net Operating Income
- $47,810
- Gross Adjusted Income
- $57,000
- Gross Scheduled Income
- $60,000
- Total Monthly Income
- $3,000
- Insurance Expenses
- $1,500
- Gross Rent Multiplier
- 12.08
- Total Expenses
- $9,190
- Cap Rate
- 6.6
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 6222
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1989
- Roof
- Composition
- Energy Source
- Electric
- School District
- University Place
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,000
- Gross Scheduled Income
- $60,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $57,000
- Tax Year
- 2026
- Insurance Expense
- $1,500
- Total Expenses
- $9,190
- Net Operating Income
- $47,810
- Gross Rent Multiplier
- 12.08
- Cap Rate
- 6.6
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.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.