8005 21st AVE W, University Place, WA 98466
8005 21st AVE W, University Place, WA 98466
8005 21st AVE W, University Place, WA 98466
40
See all 40 photos
Listed by:RE/MAX Advantage • Jessica C Liederbach
$1,100,000
Est. payment /mo
Save Virtual Tour
4 Beds
3 Baths
2,754 SqFt
Active

8005 21st AVE W University Place, WA 98466

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Bob Papke

Bob Papke

+1(206) 890-5124

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,754 sqft

Price per Sqft $399

Subdivision University Place

MLS Listing ID 2518373

Style 53 - Tri-plex

Bedrooms 4

Year Built 1999

Annual Tax Amount $8,400

Lot Size 0.332 Acres

Property Sub-Type Multi Family

Property Description

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!

Location

State WA

County Pierce

Area 32 - University Place

Interior

Flooring Ceramic Tile, Hardwood, See Remarks

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 2.0

Amenities Available Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking, Sprinkler System

View Y/N Yes

View Islands, Mountains, Partial, Sound

Roof Type Metal

Building

Lot Description Dead End Street

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District University Place

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://listings.imageartsphoto.com/videos/019de518-1095-7318-965b-62ed5b20c8ce

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Bob Papke

Bob Papke

Broker | License ID: 98412

+1(206) 890-5124

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from RE/MAX Alliance, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8005 21st AVE W

QUICK SEARCH