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Two-Duplex Property with Garages
For Sale
$1,200,000

5208 63rd Avenue Ct W, University Place, WA 98467

MULTI_FAMILY - University Place, WA

Property SizeContact for details
Days on Market36

Property Features for 5208 63rd Avenue Ct W

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Subdivision University Place
Elementary school Evergreen Primary
Middle school Drum Intermed
High school Curtis Bridge Pgm
Standard status Active

Amenities

washer & dryer
wood burning fireplace

Building Details

Year built 1984
Listing Agency: Engel & Volkers Chambers Bay · Engel & Völkers
Listed By: Chris J Barrett · License #74942
Added: Jul 15 Changed: Aug 18 Last Checked: Aug 19 at 12:06AM
MLS# 2548507

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This residential income property comprises two duplex buildings on separate parcels, creating a four-unit configuration. Built in 1984, each unit measures approximately 996 square feet and includes two bedrooms, 1.75 baths, a one-car garage, washer and dryer, and a wood-burning fireplace. The layout places the living room, kitchen, dining area, and half bath on the main level, with two bedrooms and a 1.25 bath below.

The property is situated on a dead-end road in University Place, with only these four units on the road. Two units are vacant, while the remaining two are rented below market value. The property address is 5208 63rd Avenue Ct W, University Place, WA 98467.

Key Highlights

  • Two duplexes on 2 separate parcels
  • Each unit is approximately 996 SF with 2 bedrooms and 1.75 baths
  • One‑car garage, washer and dryer, and wood‑burning fireplace in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 98467, WA

16,512
Population
6,718
Households
2.5
Avg Household Size
39
Median Age
42%
College-Educated
95%
High-School Grad
4.8 sq mi
ZIP Area
3,440
Density / Sq Mi
$90,586
Median Household Income
$48,802
Median Earnings
$1,566
Median Rent
$580,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Four-unit residential income property on two parcels with private garages and in-unit laundry.
Where is this duplex located?
The property is located at 5208 63rd Avenue Ct W University Place, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two duplexes on 2 separate parcels; Each unit is approximately 996 SF with 2 bedrooms and 1.75 baths; One‑car garage, washer and dryer, and wood‑burning fireplace in each unit
More about this property
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