$835,050

4 Beds 4 Baths 3,500 SQFT 0.59 Acres
Type: Multi-Family

3023 Bridgeport Way W # B
University Place, WA 98466

MLS#: 2591312
Presented by: Hawkins Poe and NWMLS

Property Description

 

A unique opportunity in the heart of University Place, offering flexibility for an owner-occupant, multigenerational living or investment. This well-maintained duplex features two spacious units, each with 2 bedrooms, 1.75 bathrooms, private laundry, attached garage and its own outdoor space. Inside, vaulted ceilings, large windows and generous living areas create a bright, open feel, while thoughtful floor plans provide comfortable separation between living and bedroom spaces. Recent improvements include exterior paint, interior updates and key mechanical upgrades. One unit is currently occupied by a long-term tenant, offering established rental income from day one. Conveniently located near University Place Town Center, Cirque Park, Chambers Bay, shopping, dining and everyday amenities. Whether you're looking to offset your housing costs, accommodate multiple generations or add a duplex to your portfolio, this property offers versatility in an excellent University Place location.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2

General

Building Area Units0 sqft
Cap Rate2.73
Carport Spaces0
Carport Y/NNo
CityUniversity Place
CoolingNone
CountyPierce
DirectionsGPS Friendly. Exit Bridgeport onto 31st St W. Property is all the way down and on the left. Please allow parking for tenant on unit A.
Electric Expense0
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
HeatingForced Air
High School DistrictUniversity Place
Insurance Expense6625
Leasable Area3,500 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet25,604 sqft
Lot Size UnitsSquare Feet
MLS Area34 - University Place
NWM_ShowMapLinkY
Net Operating Income22765
New ConstructionNo
Number Of Units Total2
PossessionClosing, See Remarks
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksA unique opportunity in the heart of University Place, offering flexibility for an owner-occupant, multigenerational living or investment. This well-maintained duplex features two spacious units, each w
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameUniversity Place
Tax Annual Amount$9,578
Tax Year2025
Unit Number0
Units Below Gradefalse
Virtual TourClick here
Water Sewer Garbage2605
Year Built1975

Exterior

Building Area Total3,500 sqft
Covered Spaces3
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.5878
Parking Uncovered Total1
Site FeaturesFenced-Partially, Patio
Total Parking4
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$835,050

4 Beds 4 Baths 3,500 SQFT 0.59 Acres
Type: Multi-Family

3023 Bridgeport Way W # B
University Place, WA 98466

MLS#: 2591312