5205 S Orchard Street University Place, WA 98467
5205 S Orchard Street
University Place, WA 98467
$850,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: University Place
4-Plex
Cable TV
Deck
High Speed Internet
Patio
Exterior: Wood Products
Roof: Composition
Year Built: 1981
HOA Dues: $350
2025 Taxes: $10527.00
Buyer Broker Comp.: 2.25%
Listing #: 2479266
Lot Details
Lot Size: 0.26 acres
Dead End Street
Paved
Secluded
Sidewalk
No. of Units: 4
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 5205 S Orchard Street University Place, WA 98467?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
DMCA Notice 
Courtesy of Kidder Mathews
