4404 97th Avenue W #1-4

University Place, WA 98466
$754,000
  • 3,000 Sq. Ft.
  • 1978 Year Built
  • 0.35 Acres

Property Highlights

Neighborhood:
University Place
Acreage:
0.35 acres
  • Property Description
    Solid Fourplex located in desirable University Place. Value-Add Opportunity with a ~ 6.5% Market Cap Rate. Units 1,2,4 are month-to-month with rents well below market rates, unit 3 has been left vacant for viewing. Lower units are 2bed/1bath, upper are loft/1bath, all with washer/dryer hookups. Brand new 2021 roof, newer water heaters. Plenty of off-street parking. Sits on a .35 acre corner lot with private driveway; lots of open space; nice & quiet backyards. High-demand rental located within an award-winning school district (UP); near Chambers Bay Golf Course, walking trails, amenities, etc.
  • Property Details
    • MLS ID:
      1808912
    • Area:
      University Place
    • Community:
      University Place
    • County:
      Pierce County
    • Flooring:
      Laminate, Carpet
    • Lot Size Sq. Ft.:
      15,246
    • Lot Style:
      Corner Lot, Open Space
    • Property Subtype:
      Multi-Family
    • Property Type:
      Residential Income
    • Status:
      Sold
    • Year Built:
      1978
  • Additional Highlights
    • Exterior:
      Wood
    • Furnished:
      Unfurnished
    • Heating / Cooling:
      Baseboard
    • Parking:
      9
    • Roofing:
      Composition
    • Total Number of Units:
      4
  • Taxes and Fees
    • Taxes (Est):
      $7,456
    • Taxes (Year):
      2021

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Location

4404 97th Avenue W #1-4, University Place Washington, 98466 United States

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4404 97th Avenue W #1-4, University Place, Washington 98466 United States

University Place Neighborhood

Price Range :
$207K-$2.4M

University Place

A relatively young city home to over 31,000 residents, University Place has been shaped for its idyllic community, where residents live, work, and play. Its western shore lies along the Puget Sound, presenting waterfront opportunities for those who seek a piece of saltwater shoreline to call their own. Most easily categorized as a suburb of nearby Tacoma or even of Seattle, the city was incorporated in 1995, and upon celebrating its 25th anniversary,...

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Local Info

HIGH SCHOOL

Curtis Senior High

Grade :
10 - 12
Address :
8425 40th W
ELEMENTARY SCHOOL

Evergreen Primary

Grade :
PK - 4
Address :
7102 40th St W
MIDDLE SCHOOL

Narrows View Intermediate

Grade :
5 - 7
Address :
7813 44th St W

Private Schools

  • School
  • Grade
  • Address
  • Montessori In Motion
  • PK - K
  • 7323 27th St W

School data provided by SchoolDigger.

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4404 97th Avenue W #1-4, University Place Washington, 98466 United States