5205 S Orchard St

University Place, WA 98467
  • $850,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 3,600

    SqFt

About the Listing 128 - 42995,38720

This Grand Terrace community fourplex features oversized 894 SF 2BR/1BA 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 $1,725/mo with clear mark-to-market upside supported by nearby 2BR/1BA rent comps averaging $2,115. In-place 6.95% cap and 8.41% pro forma cap.

Listing Highlights

Status Active
Days on Site 12
Property Type Multi-Family
MLS ® 2479266
Year Built 1981
Total Square Footage 3,600
Lot/Acreage 0.26
County Pierce
Neighborhood University Place
HOA Dues 350/Monthly
School District Tacoma

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Dead End Street,Paved,Secluded,Sidewalk,Cable TV,Deck,High Speed Internet,Patio
  • Garage Capacity: 5 car
  • Roof: Composition
  • Others: Wood Products
  • Sewer: Sewer Connected

Financial Details

  • Tax Amount: $10,527
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 6550700020
  • Tax Year: 2025

Payment Calculator

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Questions About..

5205 S Orchard St University Place, WA 98467

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Originating MLS: nwmls

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