$ 1,100,000
-
$1,100,000
Price -
4
Bed -
3
Bath -
2,413
SqFt
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About the Listing 6820 - 777530
Rare University Place multifamily investment with immediate income, strong upside. This 3-unit view property offers cash flow, flexibility, and long-term appreciation in a desirable South Sound location. The north 2-BR unit is the premium residence, with vaulted ceilings, a new stainless kitchen, and a full-width deck with sweeping Puget Sound and Olympic Mountain views (rent approx. $2600). The south 1-BR unit offers excellent views, solid cherry floors, a jetted tub and private deck (rent approx. $2300). The garden-level 1-BR unit is bright with excellent views, porcelain tile floors, and private outdoor patios with direct access to an easy-care evergreen garden (rent approx. $2000). Amenities include open floor plans, gas fireplaces, in-unit w/d, fire sprinklers. An additional flexible space offers future value-add potential. Use as a studio, office, or future living area; with half bath, and french doors to a large view deck. The upper level was originally one residence, and can be converted back with relative ease; yet another strategy to maximize value to the buyer. For the investor looking for a high-demand location, meaningful income, and a distinctive asset with lifestyle appeal, this treehouse stands out as a rare opportunity. Be sure to see 3D tour + virtual tour!
Listing Highlights
Status
Pending
Days on Site
21
Property Type
Multi-Family
MLS ®
2518373
Year Built
1999
Total Square Footage
2,413
Lot/Acreage
0.33
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood,See Remarks
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Tacoma Public Utilities
Exterior Details
- Lot Description: Dead End Street,Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking,Sprinkler System
- Garage Capacity: 2 car
- Parking Spaces: 7
- Roof: Metal
- Others: Wood,Very Good
- Sewer: Pierce County Sewer
- Parking Features: RV Parking
Financial Details
- Tax Amount: $8,400
- Taxes w/Assessments: N/A
- Tax/Property ID: 3355000223
- Tax Year: 2026
Payment Calculator
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Questions About..
8005 21st Ave W University Place, WA 98466
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