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5205 S Orchard Street University Place, WA $ 850,000
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5205 S Orchard Street
$ 850,000
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5205 S Orchard Street

University Place, WA, 98467
$ 850,000
Baths0.0 Sq 3,664

Monthly Estimate*

$ 5,234

Listed by Kidder Mathews
5205 S Orchard Street, University Place, WA 98467 - Image 1
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5205 S Orchard Street, University Place, WA 98467 - Image 8
5205 S Orchard Street, University Place, WA 98467 - Image 9
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5205 S Orchard Street, University Place, WA 98467 - Image 17
Studio

Multi-Family Home for sale in University Place, WA

for $850,000. This 3,664 square foot home was built in 1981 on a lot size of 0.2612.

This Grand Terrace community fourplex features oversized 894 SF 2BR/1BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,725/mo with clear mark-to-market upside supported by nearby 2BR/1BA rent comps averaging $2,115. In-place 6.95% cap and 8.41% pro forma cap.

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Multi-Family Active

Price

$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 10,527

Style

4-Plex

Lot Size

0.2612

Year Built

1981

Town/City

University Place

County/Region

Pierce

MLS | Web ID

2479266
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 350
Garage Spaces 5
Year Built 1981
Property Subtype Multi Family
Tax Year 2025
Assoc Fee Paid Per Monthly
County Pierce
Net Operating Income 59071
Insurance Expense 4318
New Construction N
Property Type Residential Income
HOA Y
Subdivision Name University Place
Special Listing Conditions None
Status Active
Directions From I-5 - take exit 130 to S 56th St. Follow 56th St west to Orchard St. Turn right onto Orchard St. Property will be on right hand side in Grande Terrace community
City University Place
Senior Community Y/N N
High School District Tacoma
Number Of Units Total 4
MLS Area 33 - University Place
Lot Size Units Square Feet
Lot Size Square Feet 11377
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 10527
Electric Expense 545
Fuel Expense 0
Public Remarks This Grand Terrace community fourplex features oversized 894 SF 2BR/1BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer a dedicated single-car gar
Leasable Area 3664
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 6.98
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Exterior
Exterior Amenities Wood Products
Lot Features Dead End Street Paved Secluded Sidewalk
Foundation Details Concrete Ribbon
Building Area Total 3664
Lot Size Acres 0.2612
Waterfront Y/N N
Covered Spaces 5
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet Patio
Parking Uncovered Total 4
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Interior
Total Fireplaces 0
Total Stories 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2479266
Street Number 1 5205
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* Excluded Features
List By
Brian Richardson

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$6,111
Per Month
86%
14%
0%
Monthly Principal & Interest
$5,234
Monthly Property Taxes
$877
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256639 Elementary School
257487 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/11/2026$850,000 Listed Price

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5205 S Orchard Street, University Place, WA, 98467 is a Multi-Family Home for sale at $850,000 with 3,664 sqft and a lot size of 0.2612. 5205 S Orchard Street is a studio with 0.0 baths and was built in 1981. The property's zip code is 98467 which is in University Place, WA

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