4714 4716 87th Avenue Ct NW, Gig Harbor, WA 98335
- $715,000
- 2,200
- SqFt
Listing courtesy of Real Broker LLC.
- List Price
- $715,000
- Status
- PENDING INSPECTION
- MLS#
- 2583943
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,200
- Area Total SqFt
- 2200
- Annual Tax Ammount
- 6313
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 25,700
- Sewer
- Septic Tank
Property Description
A fantastic investment opportunity in Gig Harbor where the hard work has already been done for you. This well-maintained duplex offers the kind of updates investors love, making it easy to step in and start enjoying the benefits of ownership from day one. A new roof was installed in 2025, both units feature new furnaces, and recent interior updates include new stainless steel appliances, fresh paint, new flooring, and new carpet. One side is currently rented, providing immediate rental income, while the second unit is vacant, refreshed, and ready to lease, offering flexibility for an investor or an owner-occupant looking to offset the cost of homeownership. With major systems and finishes already addressed, there is no lengthy renovation list waiting for you and no need to spend months getting the property rent-ready. Whether you are adding to an existing portfolio, purchasing your first investment property, or exploring the possibilities of living in one unit while generating income from the other, this duplex offers flexibility, income potential, and peace of mind. Two units. Major updates complete. One already producing income and the other ready to go. Sit back, relax, and welcome to investment life in Gig Harbor.
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Additional Information
- List Date
- 2026-09-18 02:22:11
- Community
- Arletta
- Net Operating Income
- $46,444
- Gross Adjusted Income
- $46,444
- Gross Scheduled Income
- $54,000
- Total Monthly Income
- $4,500
- Insurance Expenses
- $1,243
- Gross Rent Multiplier
- 13.24
- Total Expenses
- $7,556
- Cap Rate
- 6.5
- Total Number of Units
- 2
- Unit Name
- 4714 4716
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1996
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Gas Available, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Peninsula
- Elementary School
- Artondale Elem
- Middle School
- Kopachuck Mid
- High School
- Gig Harbor High
- Total Monthly Income
- $4,500
- Gross Scheduled Income
- $54,000
- Gross Adjusted Income
- $46,444
- Tax Year
- 2026
- Insurance Expense
- $1,243
- Total Expenses
- $7,556
- Net Operating Income
- $46,444
- Gross Rent Multiplier
- 13.24
- Cap Rate
- 6.5
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.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.