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(253) 209-4200
Real Estate Company
4345 67th Avenue W, University Place, WA 98466
- $775,000
- 2,844
- SqFt
Listing Broker: Real Broker LLC; Charles Burnett; 206-931-6036; charles@soundrealtygroup.com
- List Price
- $775,000
- Status
- ACTIVE
- MLS#
- 2592068
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 2,844
- Area Total SqFt
- 2844
- Annual Tax Ammount
- 6599
- Lot Size (sq ft)
- 7,196
- Sewer
- Sewer Connected
Property Description
Unique mid-century modern/chalet-style duplex in desirable University Place! Townhome-style units feature vaulted wood ceilings, exposed beams, expansive windows, and private balconies. Unit A, intentionally left vacant for showings or an owner-occupant buyer, offers 3 bedrooms, 2 bathrooms, a carport, and a freshly remodeled interior with new appliances (market rent for this unit is ~$2,650). Occupied Unit B features 2 bedrooms, 1 bathroom, a bonus room, and an attached garage (lease through 1/31/27). Both units have laundry and separately metered water and electric. Recent upgrades include a 2024 roof with 25-year transferable warranty, newer water heaters and windows, copper plumbing, and fresh exterior paint. Ideal for owner-occupants or investors, with potential for conversion to separately owned townhomes or condos (buyer to verify). Convenient to shopping, dining, and parks.
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Additional Information
- List Date
- 2026-10-17 02:28:11
- Community
- University Place
- Net Operating Income
- $48,490
- Gross Adjusted Income
- $57,024
- Gross Scheduled Income
- $57,600
- Total Monthly Income
- $4,800
- Insurance Expenses
- $1,515
- Water/Sewer/Garbage Expenses
- $420
- Gross Rent Multiplier
- 13.5
- Total Expenses
- $8,534
- Cap Rate
- 6.25
- Vacancy Rate
- 1
- Total Number of Units
- 2
- Unit Name
- 4345
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1976
- View
- Territorial
- Roof
- Composition
- Energy Source
- Electric
- School District
- Tacoma
- Total Monthly Income
- $4,800
- Gross Scheduled Income
- $57,600
- Vacancy Rate
- 1
- Gross Adjusted Income
- $57,024
- Tax Year
- 2026
- Insurance Expense
- $1,515
- W/S/G Expenses
- $420
- Total Expenses
- $8,534
- Net Operating Income
- $48,490
- Gross Rent Multiplier
- 13.5
- Cap Rate
- 6.25
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.