3023 Bridgeport Way W # B University Place, WA $ 835,050
3023 Bridgeport Way W # B
$ 835,050
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3023 Bridgeport Way W # B

University Place, WA, 98466
$ 835,050
Bedrooms4 Baths4.0 Sq 3,500

Monthly Estimate*

$ 5,767

Listed by Hawkins Poe
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View a Virtual Tour

Multi-Family Home for sale in University Place, WA

for $835,050 with 4 bedrooms and 4 full baths. This 3,500 square foot home was built in 1975 on a lot size of 0.5878.

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.

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Multi-Family Active

Price

$ 835,050

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,578

Style

Duplex

Lot Size

0.5878

Year Built

1975

Town/City

University Place

County/Region

Pierce

MLS | Web ID

2591312

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing See Remarks
Roof Composition
HOA Fee 0
Garage Spaces 3
Security Features Partially Fenced
Year Built 1975
Unit Number B
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 22765
Insurance Expense 6625
New Construction N
Property Type Residential Income
HOA N
Subdivision Name University Place
Special Listing Conditions None
Status Active
Directions GPS 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.
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 25604
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 9578
Electric Expense 0
Fuel Expense 0
Public Remarks 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 w
Leasable Area 3500
Virtual Tour https://youtu.be/NES5vLAGOHs?feature=shared
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 2605
Property Style 52 - Duplex
Cap Rate 2.73
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Exterior
Exterior Amenities Wood Wood Products
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 3500
Lot Size Acres 0.5878
Waterfront Y/N N
Covered Spaces 3
Irrigation Water Rights Y/N N
Site Features Fenced-Partially Patio
Parking Uncovered Total 1
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Interior
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 NWM2591312
Street Number 1 3023
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* Excluded Features
List By
Mitch Baldridge

Listing Agent

Hawkins Poe

Broker

mitchb@hawkinspoe.com

Email

Affordability Calculator

$6,566
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,767
Monthly Property Taxes
$798
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
257887 Elementary School
256846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2026$835,050 Listed Price

Map


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3023 Bridgeport Way W # B, University Place, WA, 98466 is a Multi-Family Home for sale at $835,050 with 3,500 sqft and a lot size of 0.5878. 3023 Bridgeport Way W # B has 4 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 98466 which is in University Place, WA