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Property profile & analytics
OFF-MARKET Estimated value $470,000
Apartment buildings

9523 43rd St W Ct University Place, WA 98466-1356

4,144 SF 0.31 ac lot Built 1978
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US90-0938081
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1978
Construction FRAME
Total area 4,144 SF
Lot 0.31 ac (13,582 SF)
Zoning code MF
APN 5417000110
UPID US90-0938081
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$470k
Owner & transaction history
Madrona Estates Holdings LLC · 11 yrs held
Madrona Estates Holdings LLC
since 2014
4 recorded transactions
2019
Price N/A
2014
$3.8M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
MF · University Place, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Multifamily Residential - Low (MF-L). Multifamily Residential - Low zones are located along major arterials and transit routes, close to shopping, public facilities and services, and in areas of existing lower density residential development. In the MF-L zone, a maximum building height of 45 feet is allowed. A base density of 35 dwelling units per acre is al…

Zone name Multi Family Residential
General category CIVIC_INSTITUTIONAL
Zone area 119.06 ac
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