Pending

$715,000

4 Beds 4 Baths 2,200 SQFT 0.59 Acres
Type: Pending

4714 4716 87th Avenue Ct NW
Gig Harbor, WA 98335

MLS#: 2583943
Presented by: Real Broker LLC; Lindsay Jackman; 253-266-1067; lindsay@lindsayjackman.com

Property Description

 

A fantastic investment opportunity in Gig Harbor where the hard work has already been done for you. This well-maintained duplex offers the kind of updates investors love, making it easy to step in and start enjoying the benefits of ownership from day one. A new roof was installed in 2025, both units feature new furnaces, and recent interior updates include new stainless steel appliances, fresh paint, new flooring, and new carpet. One side is currently rented, providing immediate rental income, while the second unit is vacant, refreshed, and ready to lease, offering flexibility for an investor or an owner-occupant looking to offset the cost of homeownership. With major systems and finishes already addressed, there is no lengthy renovation list waiting for you and no need to spend months getting the property rent-ready. Whether you are adding to an existing portfolio, purchasing your first investment property, or exploring the possibilities of living in one unit while generating income from the other, this duplex offers flexibility, income potential, and peace of mind. Two units. Major updates complete. One already producing income and the other ready to go. Sit back, relax, and welcome to investment life in Gig Harbor.


 

Interior Features

Bedrooms

Bedrooms Possible4
Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringVinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate6.5
Carport Spaces0
Carport Y/NNo
CityGig Harbor
CoolingNone
CountyPierce
DirectionsGPS is accurate
Electric Expense0
Elementary SchoolArtondale Elem
Fuel Expense0
Garage Spaces4
HOANo
HOA Fee$0
HeatingForced Air
High SchoolGig Harbor High
High School DistrictPeninsula
Insurance Expense1243
Leasable Area2,200 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet25,700 sqft
Lot Size UnitsSquare Feet
MLS Area7 - Artondale
Middle/Junior High SchoolKopachuck Mid
NWM_ShowMapLinkY
Net Operating Income46444
New ConstructionNo
Number Of Units Total2
PossessionSee Remarks, Subject To Tenant Rights
Possible UseResidential
Property ConditionVery Good
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksA fantastic investment opportunity in Gig Harbor where the hard work has already been done for you. This well-maintained duplex offers the kind of updates investors love, making it easy to step in and
RoofComposition
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeDuplex
Subdivision NameArletta
Tax Annual Amount$6,313
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyRainier
Water Sewer Garbage0
Year Built1996
Zoning DescriptionResidential

Exterior

Building Area Total2,200 sqft
Covered Spaces4
Exterior AmenitiesMetal/Vinyl
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street, Paved
Lot Size Acres0.59
Parking Uncovered Total4
Site FeaturesCable TV, Gas Available, Patio
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Artondale Elem
Middle School Kopachuck Mid
High School Gig Harbor High

  

Similar Properties

$715,000

4 Beds 4 Baths 2,200 SQFT 0.59 Acres
Type: Pending

4714 4716 87th Avenue Ct NW
Gig Harbor, WA 98335

MLS#: 2583943