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(253) 209-4200
Real Estate Company
3023 Bridgeport Way W Unit #B, University Place, WA 98466
- $835,050
- 3,500
- SqFt
Listing Broker: Hawkins Poe; Mitch Baldridge; 253-970-9711; mitchb@hawkinspoe.com
- List Price
- $835,050
- Status
- ACTIVE
- MLS#
- 2591312
- Days on Market
- 190
- Style
- 52 - Duplex
- Finished SqFt
- 3,500
- Area Total SqFt
- 3500
- Annual Tax Ammount
- 9578
- Lot Size (sq ft)
- 25,604
- Sewer
- Sewer Connected
Property Description
A unique opportunity in the heart of University Place, offering flexibility for an owner-occupant, multigenerational living or investment. This well-maintained duplex features two spacious units, each with 2 bedrooms, 1.75 bathrooms, private laundry, attached garage and its own outdoor space. Inside, vaulted ceilings, large windows and generous living areas create a bright, open feel, while thoughtful floor plans provide comfortable separation between living and bedroom spaces. Recent improvements include exterior paint, interior updates and key mechanical upgrades. One unit is currently occupied by a long-term tenant, offering established rental income from day one. Conveniently located near University Place Town Center, Cirque Park, Chambers Bay, shopping, dining and everyday amenities. Whether you're looking to offset your housing costs, accommodate multiple generations or add a duplex to your portfolio, this property offers versatility in an excellent University Place location.
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Additional Information
- List Date
- 2026-03-31 22:28:11
- Community
- University Place
- Net Operating Income
- $22,765
- Gross Adjusted Income
- $43,867
- Gross Scheduled Income
- $46,176
- Total Monthly Income
- $3,351
- Insurance Expenses
- $6,625
- Water/Sewer/Garbage Expenses
- $2,605
- Gross Rent Multiplier
- 18.08
- Total Expenses
- $21,102
- Cap Rate
- 2.73
- Total Number of Units
- 2
- Unit Name
- 3023
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1975
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Other Expenses
- 2294
- Energy Source
- Electric
- School District
- University Place
- Total Monthly Income
- $3,351
- Gross Scheduled Income
- $46,176
- Gross Adjusted Income
- $43,867
- Tax Year
- 2025
- Insurance Expense
- $6,625
- W/S/G Expenses
- $2,605
- Total Expenses
- $21,102
- Net Operating Income
- $22,765
- Gross Rent Multiplier
- 18.08
- Cap Rate
- 2.73
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.