6316-6318 73rd Ave Court West

University Place, WA 98467

$899,000
Price
6
Beds
5
Baths
2,952 Sq. Ft.
$305 / Sq. Ft.
2,952
Sq. Ft.
$305
per Sq. Ft.

Description

A true University Place duplex with solid rental history & income! Each unit boasts 3 bedrooms (primary on the main) PLUS an office space, 2.5 baths, full size 2 car garage, 1,476 sq. feet of living space & beautiful vaulted ceilings. Additionally, each unit has its own dedicated backyard space, electric meter, dining area & extra off-street parking. Unit 6318 has been recently remodeled with new flooring throughout, interior paint, trim & kitchen appliances. Unit 6316 is ready for a refresh but...A true University Place duplex with solid rental history & income! Each unit boasts 3 bedrooms (primary on the main) PLUS an office space, 2.5 baths, full size 2 car garage, 1,476 sq. feet of living space & beautiful vaulted ceilings. Additionally, each unit has its own dedicated backyard space, electric meter, dining area & extra off-street parking. Unit 6318 has been recently remodeled with new flooring throughout, interior paint, trim & kitchen appliances. Unit 6316 is ready for a refresh but is in solid condition & has had the same tenant for 7 years. Total annual income is $63,600 & both tenants would like to stay if possible. UP Schools, Trader Joes, Whole Foods, Chambers Bay & Charles Wright make this one a great opportunity for all.
  1. Listed by Ryan Knicely • Windermere Abode
  2. Listed by Jessica Knicely • Windermere Abode

Property Details for 6316-6318 73rd Ave Court West

Community Name
University Place
School District
University Place
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
04-25-2024
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of Windermere Abode
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LISTING UPDATED: 05/04/2024 09:53 AM

Property Details for 6316-6318 73rd Ave Court West

StatusPending Inspection
MLS #2209471
Days on Market4
Cumulative Days on Market4
Taxes$8,382 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1988
Lot Size0.33 AC / 14,322 SF
CountyPierce County

Location

Listing Courtesy of Windermere Abode
Add your commute

Virtual Tour

Building Information for 6316-6318 73rd Ave Court West

Stories2Residences2Year Built1988Building Size-Lot Size0.33 AC / 14,322 SF

Payment Calculator

$5,605 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$699

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6316-6318 73rd Ave Court West

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, Patio, RV Parking, Sprinkler System
  • Area: 33 - University Place
  • Elementary School: Chambers Elem
  • Middle Or Junior School: Curtis Jnr High
  • High School: Curtis Snr High
  • Directions: From south bound I-5 I5 take exit #130/So 56 St toward 56 St west/Tac Mall Blvd, take 56 St west to Circle Drive west, turn left onto 67 Av W, bear right onto Chambers Creek Rd W, turn left onto 73rd
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Features: Ceramic Tile, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Composition
  • Security Features: SecuritySystem, PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2015.55
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: TPU
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 35
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 7189000220
  • Building Condition: Good
  • Calculated Square Footage: 2952
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2952.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12761.55
  • Gross Adjusted Income: 63600
  • Gross Rent Multiplier: 14.14
  • Gross Scheduled Income: $63,600
  • Insurance Expense: $1,364
  • Net Operating Income: $50,838
  • Other Expenses: $1,000
  • Total Monthly Income: 5300
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 6316
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1476
  • Rent Unit 1: $2,500.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 6318
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1476
  • Rent Unit 2: $2,800.00
  • Bedrooms Unit 2: 3
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3752.0
  • Leasable Area Units: Square Feet

Property History for 6316-6318 73rd Ave Court West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6316-6318 73rd Ave Court West

Taxable ValueLand$329,700Additions$385,400Total$715,100
Tax Record2023$8,052 ($671 / month)
Home Facts
Total Finished SqFt2,952 SqFtAbove Ground SqFt2,952 SqFtStories2Lot Size14,322 SqFtStyleDuplexYear Built1988Year Renovated1992ZoningR1CountyPIERCEAPN7189000220Fireplace TypeHas Fireplace

Schools near 6316-6318 73rd Ave Court West

This home is within University Place School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - K to 4
Public - 5 to 7
Public - 8 to 9
Rating
School
Distance
Evergreen Primary School
PublicPK to 4

Chambers Elementary School
PublicK to 4

Drum Intermediate School
Public5 to 7

Curtis Junior High School
Public8 to 9

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Abode

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.