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6222 54th Avenue Ct W University Place, WA $ 725,000
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6222 54th Avenue Ct W
$ 725,000
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6222 54th Avenue Ct W

University Place, WA, 98467
$ 725,000
Baths0.0 Sq 2,800

Monthly Estimate*

$ 4,464

Listed by Windermere Prof Partners
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Studio

Multi-Family Home for sale in University Place, WA

for $725,000. This 2,800 square foot home was built in 1989 on a lot size of 0.2755.

Excellent investment opportunity in sought-after University Place! This duplex features two spacious 3 bed, 1.75 bath units with approx. 1,400 SF each. Functional layouts include ensuite bedrooms downstairs, covered decks off the dining rooms, and attached 1-car garages for both units. Major updates include a newer roof and septic system. Prime location directly across from Meadow Park Golf Course with easy access to shopping, dining, and amenities. Units are ready for cosmetic updates, offering excellent sweat equity and upside potential for the next investor.

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Multi-Family Active

Price

$ 725,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,690

Style

Duplex

Lot Size

0.2755

Year Built

1989

Town/City

University Place

County/Region

Pierce

MLS | Web ID

2525075
Features
General
Living Area 0
Sewer Septic Tank
Heating Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1989
Property Subtype Multi Family
Tax Year 2026
County Pierce
Net Operating Income 47810
Insurance Expense 1500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name University Place
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Buyer To Verify
City University Place
Senior Community Y/N N
High School District University Place
Number Of Units Total 2
MLS Area 34 - University Place
Lot Size Units Square Feet
Lot Size Square Feet 12000
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Buyer To Verify
Tax Annual Amount 7690
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Excellent investment opportunity in sought-after University Place! This duplex features two spacious 3 bed 1.75 bath units with approx. 1 400 SF each. Functional layouts include ensuite bedrooms down
Leasable Area 2800
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 6.6
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Exterior
Exterior Amenities Wood Wood Products
Lot Features Cul-De-Sac Dead End Street Paved
Water Source Public
Total Parking 6
Foundation Details Slab
Building Area Total 2800
Lot Size Acres 0.2755
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
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 NWM2525075
Street Number 1 6222
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* Excluded Features
List By
Austin Wagner

Listing Agent

Windermere Prof Partners

Broker

Affordability Calculator

$5,105
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$641
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
3100176 Elementary School
3100192 Middle School
Buyer To Verify High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/18/2026$725,000 Listed Price

Map

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6222 54th Avenue Ct W, University Place, WA, 98467 is a Multi-Family Home for sale at $725,000 with 2,800 sqft and a lot size of 0.2755. 6222 54th Avenue Ct W is a studio with 0.0 baths and was built in 1989. The property's zip code is 98467 which is in University Place, WA

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