3023 Bridgeport Way W Unit #B, University Place, WA 98466

$879,000
3,500
SqFt

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Listing courtesy of Hawkins Poe.

List Price
$879,000
Status
ACTIVE
MLS#
2499387
Price Change
▼ $20,000 1781318936
Days on Market
119
Style
52 - Duplex
Finished SqFt
3,500
Area Total SqFt
3500
Annual Tax Ammount
9578
Lot Size (sq ft)
25,604
Sewer
Sewer Connected

Property Description

Lender-Paid 1-0 Temporary Buydown available with Preferred Lender on a Conventional Loan! Whether you're looking to offset your mortgage by living in one unit or expand your investment portfolio, this University Place duplex delivers exceptional flexibility. Vacant Unit B is ready for immediate occupancy or leasing, while spacious layouts, attached garages, and a private setting create a lifestyle rarely found in multifamily properties. Recent improvements include exterior paint, a newer furnace, and water heater for added peace of mind. Seller is offering a $4,000 credit at closing as an added incentive for the next owner. Conveniently located just minutes from UP Town Center, Chambers Bay, parks, shopping, dining, Tacoma, and JBLM, this is a unique opportunity to own in one of the area's most desirable communities.

Additional Information

List Date
2026-03-31 21:58:12
Community
University Place
Net Operating Income
$17,360
Gross Adjusted Income
$38,462
Gross Scheduled Income
$38,462
Total Monthly Income
$3,351
Insurance Expenses
$6,625
Water/Sewer/Garbage Expenses
$2,605
Gross Rent Multiplier
23
Total Expenses
$21,102
Cap Rate
2
Vacancy Rate
50
Total Number of Units
2
Unit Name
3023
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1975
Roof
Composition
Other Expenses
2294
Energy Source
Electric
School District
University Place
Total Monthly Income
$3,351
Gross Scheduled Income
$38,462
Vacancy Rate
50
Gross Adjusted Income
$38,462
Tax Year
2025
Insurance Expense
$6,625
W/S/G Expenses
$2,605
Total Expenses
$21,102
Net Operating Income
$17,360
Gross Rent Multiplier
23
Cap Rate
2
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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