1921 Sunset DrUniversity Place, WA 98466

This University Place, WA duplex offers a compelling investment opportunity with a 4.48% cap rate and a strong NOI of $36,228. The property, located at 1921 Sunset Dr W, 98466, boasts 2,008 square feet of net rentable space across two units, each featuring a fireplace and in-unit washer/dryer. Built in 1976 and renovated in 1986, this two-story building sits on a spacious 13,200 square foot lot. Unit 1921, a single-level unit, includes two bedrooms, one bath, and a bonus room suitable for use as a third bedroom or office. This unit also offers stunning water views from the living room, deck, and private yard. Recent updates include hardwood laminate, marble, and tile flooring throughout. Unit 1925 features two bedrooms and one bath. The property also includes an 832 square foot garage, bringing the total square footage to 2,840. Its prime location offers proximity to Titlow Beach, a park, marina, shopping, dining, top-rated schools, a golf course, and trails. The asking price is $809,000, or $404,500 per unit, making it attractive for both owner-occupants and investors seeking a strong return on investment. The property is eligible for residential financing. Pierce County APN: 3355000193.