University Place Homes with 54 - 4-Plex Style

University Place Homes with 54 - 4-Plex Style

Welcome to University Place, Washington, a vibrant community nestled in the heart of Pierce County. Renowned for its picturesque landscapes and a strong sense of community, University Place offers a unique blend of suburban charm and urban convenience. With stunning views of the nearby Olympic Mountains and easy access to the beautiful Puget Sound, this neighborhood is a haven for outdoor enthusiasts and families alike.

University Place is home to a diverse array of amenities, including top-rated schools, lush parks, and a variety of shopping and dining options. The local community is enriched by cultural events and activities throughout the year, making it a lively place to call home. Whether you’re enjoying a leisurely stroll through the scenic Chambers Bay Park or indulging in a delicious meal at one of the many local eateries, you’ll find that University Place is a place where community spirit thrives.

For those seeking a unique investment opportunity, the 54 - 4-Plex style homes in University Place offer a fantastic option. These multi-family residences are designed to provide both comfort and functionality, catering to a range of lifestyles. With spacious layouts, modern amenities, and the potential for rental income, these properties are perfect for investors or those looking to accommodate extended family.

Living in University Place means enjoying a balanced lifestyle with access to beautiful homes and a welcoming community. Discover the charm of this delightful neighborhood and explore the possibilities that await you in the 54 - 4-Plex homes of University Place!

Newest University Place Homes with 54 - 4-Plex Style

5209 S Orchard Street, Tacoma
$895,000
2589131 MLS ⋅ ACTIVE Status
FULL MARKETING PACKAGE IN SUPPLEMENTS. This Grand Terrace Fourplex features oversized 900 SF 2BR/1.0BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,650/mo with clear mark-to-market upside supported by nearby 2-Bedroom rent comps averaging $2,115. Stabilized cap rate of 6.5% cap and market cap rate of 7.8%.

5209 S Orchard Street, Tacoma

Listing Broker: Kidder Mathews; Brian Richardson; 206-276-6811; brianr@kiddermathews.com

5208 63rd Avenue Ct W, University Place
$1,200,000
2548507 MLS ⋅ ACTIVE Status
First time on the market... 2 University Place Duplexes on 2 separate parcels. (5208 / 5210 & 5214 / 5216) Each unit is approx 996 sf, 2 bedrooms, 1.75 baths/ea., 1 car garages, washer & dryer in ea unit, wood burning fireplace. Living area, kitchen, dining & 1/2 bath on the main floor. 2 bedrooms & 1.25 bath below. Semi Private setting with only these 4 units on the Dead End road. 2 units are vacant, 2 are rented at under market value. Please do not view without a real estate broker Please do not bother tenants.

5208 63rd Avenue Ct W, University Place

Listing Broker: Engel & Volkers Chambers Bay; Chris J Barrett; 253-380-2709; chrisbarrett@chambersbayre.com

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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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