University Place WA Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,132
Status:
NEW LISTING
Beds:
n/a
Year built:
1962
Baths:
MLS#:
2310061
Subdivision:
University Place

ADDITIONAL INFORMATION

Here’s a unique opportunity to own a versatile investment property in the heart of University Place, set on a generous 1/2-acre lot! Perfect for a modern-day house hack or traditional rental investment, this property features both a duplex and a single-family home. Each unit in the duplex offers 2 bedrooms, 1 bath, and approximately 768 sq. ft. of living space, while the single-family home includes 1 bedroom, 1 bath, and approximately 596 sq. ft. Enjoy a prime location near recreation areas, parks, freeways, schools, and shopping, making this property highly attractive to potential renters.

Type:
Multi-Family
Sq.Ft.:
3,704
Status:
Active
Beds:
n/a
Year built:
2002
Baths:
MLS#:
2308297
Subdivision:
University Place

ADDITIONAL INFORMATION

RARE opportunity in UP! Situated on a tranquil dead-end street in a highly sought-after neighborhood, RARE townhome-style duplex, Each unit features 3 beds, 2.5 baths, an attached two-car garage, and spacious living areas totaling over 1,800 square feet. Bedrooms are all located on the upper level for privacy. Ensuring ease of upkeep. With reliable tenants in place, consistent rental income is assured. Enjoy outdoor living in the fenced backyard with a patio, perfect for gatherings. Inside, cozy gas fireplaces add warmth, while in-unit washer/dryer hookups provide convenience. Ample storage space is found throughout, the modern floor plan. With endless possibilities for investment or personal use. ** RV or Boat park spaces an each unit**

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1957
Baths:
MLS#:
2299274
Subdivision:
University Place

ADDITIONAL INFORMATION

Built in 1957 and recently upgraded, the Meadow Park apartments are a 12-unit offering sitting on Lakewood Dr and adjacent to the Meadow Park Golf Course. Resting on an acre of centrally located real estate, Meadow Park is comprised on efficiently laid out 1-bedroom 1-bath units holding modernized interior finishes. Inside you’ll find hard surface countertops, stainless steel appliance package, new cabinets, new LVP flooring, and updated bathroom and kitchen fixtures. In addition to interior improvements, current ownership has upgraded outdated plumbing, electrical, roof, siding, and landscaping. Offered to investors at an in-place cap of 6.5%, this cash flowing opportunity is well positioned to provide new ownership consistent returns.

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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University Place Real Estate

The median home value in University Place, WA is $572,100. This is higher than the county median home value of $509,000. The national median home value is $338,100. The average price of homes sold in University Place, WA is $572,100. Approximately 56.06% of University Place homes are owned, compared to 38.94% rented, while 5.01% are vacant. University Place real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a University Place real estate agent to arrange a tour today!

University Place, Washington 98467 has a population of 34,565. University Place 98467 is less family-centric than the surrounding county with 32.32% of the households containing married families with children. The county average for households married with children is 32.93%.

The median household income in University Place, Washington 98467 is $84,673. The median household income for the surrounding county is $82,574 compared to the national median of $69,021. The median age of people living in University Place 98467 is 37.5 years.

University Place Weather

The average high temperature in July is 77 degrees, with an average low temperature in January of 36.5 degrees. The average rainfall is approximately 41 inches per year, with 2.9 inches of snow per year.

University Place Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    24
    30-day change

University Place Schools and Demographics

Education near University Place, WA

Metric City County
High School Graduates 96.15 92.08
College Degree - 2 year 11.04 11.78
College Degree - 4 year 43.45 28.41
Graduate Degree 10.92 7.18
Expenditures per Student 18,363 18,363
Students per Teacher 18.7 18.7

Elementary Schools near University Place, WA

School Grades Students P/T Ratio ZIP
Chambers Elementary KG - 04 422 13.6 98467
Evergreen Primary School PK - 04 495 14.2 98466
Idlewild Elementary School PK - 05 453 16.1 98498
Sunset Primary School KG - 04 433 13.6 98466
Tillicum Elementary School PK - 05 382 17.8 98498
University Place Primary School PK - 04 527 13.6 98466
Whittier PK - 05 498 17.3 98466

Middle Schools near University Place, WA

School Grades Students P/T Ratio ZIP
Drum Intermediate School 05 - 07 603 12.5 98467
Hudtloff Middle School 06 - 08 761 19.8 98498
Mann Middle School 06 - 08 411 17.6 98498
Narrows View Intermediate School 05 - 07 681 17.9 98466

High Schools near University Place, WA

School Grades Students P/T Ratio ZIP
Chs Drop-Out Reengagement Program 09 - 12 0 98466
Curtis Senior High School 10 - 12 1,446 22 98466
Lakes High School 09 - 12 1,397 20 98498

Ungraded Schools near University Place, WA

School Grades Students P/T Ratio ZIP
* Oakridge Group Home 09 - 12 4 98498
Curtis Junior High School 08 - 09 1,003 22.3 98466
Firwood 04 - 12 36 7.2 98498
Harrison Prep School 05 - 12 491 18.1 98498
Transition Day Students 05 - 12 14 98498
University Place Special Education PK - 12 22 98466

Demographics near University Place, WA 98467

Metric Zip Code City
Neighborhood Type Suburban
Population 34,565 910,225
Population Density 4,148 546
Median Age 37.5 36.4
People per Household 2.5 2.7
Median Household Income 84,673 82,574
Average Income per Capita 43,008 39,036