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    University Place, WA
    Residential Income

    University Place, WA Residential Income Properties for Sale

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    Found 7 residential income property listings for sale in University Place, WA, averaging $259/sq ft. Use valuation data to compare deals faster.
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    Two-Duplex Multifamily Property
    Updated: Jul 15
    Two-Duplex Multifamily Property

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

    $1,100,000
    Two duplexes on 2 separate parcels
    Four total units, each approximately 996 SF
    Each unit includes 2 bedrooms and 1.75 baths
    One‑car garage, washer and dryer, and wood‑burning fireplace in each unit
    Main‑level living, kitchen, dining, and 1/2 bath; bedrooms and 1.25 bath below
    View details
    Duplex with Vaulted Ceilings
    Updated: Oct 19
    Duplex with Vaulted Ceilings

    4345 67th Ave W, University Place, WA 98466

    $749,500
    2,844 sqft
    Two townhome‑style units totaling 2,844 square feet
    Unit A: 3 bedrooms, 2 bathrooms, carport, renovated interior, and new appliances; vacant
    Unit B: 2 bedrooms, 1 bathroom, bonus room, attached garage, and lease through 1/31/27
    Separate water and electric meters; laundry in both units
    2024 roof with transferable 25‑year warranty
    View details
    Two-Unit Duplex with Attached Garages
    Two-Unit Duplex with Attached Garages

    6305 54th Ave Ct W, University Place, WA 98467

    $625,000
    2,440 sqft

    Each residence has two bedrooms, one and a half baths, and a low-maintenance yard.

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2-Unit Duplex with Garages
    2-Unit Duplex with Garages

    3023 Bridgeport Way W #B, University Place, WA 98466

    $835,050
    3,500 sqft

    Each residence has private laundry and a separate outdoor area.

    View details
    Four-Unit Duplex Portfolio
    Four-Unit Duplex Portfolio

    5208 63RD, University Place, WA 98467

    $1,100,000
    3,984 sqft

    Two duplexes on separate parcels offer four units with in-unit laundry, garages, and wood-burning fireplaces.

    View details
    3.3 AC IOS Yard
    3.3 AC IOS Yard

    6820 27th St W, University Place, WA 98466

    $4,750,000
    143,748 sqft 3.30 AC lot

    3.3 AC IOS Yard for sale or lease.

    View details
    Updated Duplex with Water Views
    Updated Duplex with Water Views

    1917 Willow Ln W, University Place, WA 98466

    Contact for pricing
    3,548 sqft

    Two fully renovated units feature large windows, multi-level 3-bedroom layouts, and attached plus detached garage parking.

    View details
    7 active listings match your search: Residential Income for sale in University Place, WA. Based on your search, we've also compiled 73 Potential Opportunities for your consideration: 4 properties in nearby cities, 65 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fourplex with Private Garages
    Fourplex with Private Garages

    5209 Orchard, Tacoma, WA 98467

    $850,000
    3,664 sqft

    Four two-bedroom apartments pair in-unit laundry with individual garages and storage lockers.

    View details
    Four-Unit Apartment Property
    Four-Unit Apartment Property

    1461 Rainier Ct, Fircrest, WA 98466

    $1,400,000
    4,112 sqft

    Four residential units offer private laundry, covered parking, storage, and upgraded kitchen finishes.

    View details
    Well-Maintained Fourplex Income Property
    Well-Maintained Fourplex Income Property

    1461 Rainier, Fircrest, WA 98466

    $1,400,000
    4,112 sqft

    Turnkey fourplex offering four 2-bedroom, 1.5-bath units with covered carport parking and in-unit washer/dryer.

    View details
    Townhome-Style Apartment Community
    Townhome-Style Apartment Community

    2901 South 45th Street, Tacoma, WA 98409

    Contact for pricing
    1.98 AC lot

    The 53-home community combines multiple bedroom layouts with in-unit laundry and attached garages.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multifamily Land in South Tacoma
    Multifamily Land in South Tacoma

    6016 S Tyler Street, Tacoma, WA 98409

    $300,000

    2.81 acres for multifamily development in Tacoma, WA.

    View details
    Cleared Lot in Hilltop Neighborhood
    Cleared Lot in Hilltop Neighborhood

    1715 S Sheridan Avenue, Tacoma, WA 98405

    $249,000

    Vacant lot in Tacoma's Hilltop neighborhood, ready for development.

    View details
    Tacoma Land Parcel For Sale
    Tacoma Land Parcel For Sale

    4014 Pacific Ave, Tacoma, WA 98418

    Contact for pricing
    94,000 sqft 0.22 AC lot

    Permit-ready land parcel in Tacoma, near I-5 and amenities.

    View details
    Pierce County Development Opportunity
    Pierce County Development Opportunity

    6210 Browns Point Blvd Ne, Tacoma, WA 98422

    $715,000
    0.70 AC lot

    0.7-acre parcel with development potential and Puget Sound views.

    View details

    Off-Market Properties in University Place, WA

    Consider similar Off-Market properties in University Place, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6407 53rd Ave W Ct
    APARTMENT HOUSE (5+ UNITS)

    6407 53rd Ave W Ct, University Place, WA 98467-3346

    Estimated value:
    $4,900,000
    7,510 sqft 1.41 AC lot
    View details
    6807 Lakewood W Dr, Unit 6809
    APARTMENT HOUSE (5+ UNITS)

    6807 Lakewood W Dr, University Place, WA 98467-3201

    Unit 6809
    Estimated value:
    $1,685,000
    3,360 sqft 0.99 AC lot
    View details
    3109 Bridgeport W Way
    APARTMENT HOUSE (5+ UNITS)

    3109 Bridgeport W Way, University Place, WA 98466-4501

    Estimated value: by Request
    7,688 sqft 0.46 AC lot
    View details
    7308 54th W St
    APARTMENT HOUSE (5+ UNITS)

    7308 54th W St, University Place, WA 98467-2047

    Estimated value:
    $470,000
    3,536 sqft 0.19 AC lot
    View details
    3118 Morrison W Rd, Unit A
    APARTMENT HOUSE (5+ UNITS)

    3118 Morrison W Rd, University Place, WA 98466-4500

    Unit A
    Estimated value:
    $1,440,000
    4,704 sqft 0.38 AC lot
    View details
    4201 Bridgeport W Way
    HIGH-RISE APARTMENTS

    4201 Bridgeport W Way, University Place, WA 98466-4349

    Estimated value:
    $30,460,000
    1,344 sqft 0.66 AC lot
    View details
    7304 42nd W St
    HIGH-RISE APARTMENTS

    7304 42nd W St, University Place, WA 98466-4352

    Estimated value:
    $30,460,000
    3,752 sqft 1.49 AC lot
    View details
    7406 31st St W Ct
    APARTMENT HOUSE (5+ UNITS)

    7406 31st St W Ct, University Place, WA 98466-4596

    Estimated value:
    $1,080,000
    4,528 sqft 0.21 AC lot
    View details
    4401 76th W Ave
    APARTMENT HOUSE (5+ UNITS)

    4401 76th W Ave, University Place, WA 98466-3741

    Estimated value:
    $2,265,000
    13,424 sqft 0.58 AC lot
    View details
    4417 76th W Ave
    APARTMENT HOUSE (5+ UNITS)

    4417 76th W Ave, University Place, WA 98466-3725

    Estimated value:
    $785,000
    4,672 sqft 0.21 AC lot
    View details
    3411 Bridgeport W Way
    APARTMENT HOUSE (5+ UNITS)

    3411 Bridgeport W Way, University Place, WA 98466-4532

    Estimated value:
    $1,360,000
    8,004 sqft 1.04 AC lot
    View details
    3011 Bridgeport W Way
    APARTMENT HOUSE (5+ UNITS)

    3011 Bridgeport W Way, University Place, WA 98466-4633

    Estimated value:
    $630,000
    4,526 sqft 0.28 AC lot
    View details
    14115 Cyn E Rd
    APARTMENT HOUSE (100+ UNITS)

    14115 Cyn E Rd, University Place, WA 98466

    Estimated value: by Request
    7,804 sqft 8.82 AC lot
    View details
    4409 76th W Ave
    APARTMENT HOUSE (5+ UNITS)

    4409 76th W Ave, University Place, WA 98466-3723

    Estimated value:
    $730,000
    3,952 sqft 0.21 AC lot
    View details
    4314 Beckonridge W Dr
    APARTMENT HOUSE (5+ UNITS)

    4314 Beckonridge W Dr, University Place, WA 98466-1369

    Estimated value:
    $480,000
    4,256 sqft 0.31 AC lot
    View details
    3610 Bridgeport W Way
    HIGH-RISE APARTMENTS

    3610 Bridgeport W Way, University Place, WA 98466-4341

    Estimated value:
    $22,610,000
    177,711 sqft 1.32 AC lot
    View details
    7654 40th W St
    APARTMENT HOUSE (5+ UNITS)

    7654 40th W St, University Place, WA 98466-3817

    Estimated value:
    $9,695,000
    7,472 sqft 2.79 AC lot
    View details

    University Place, WA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in University Place, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 160,064 square feet of properties for sale, with an estimated market value of $9,159,550.

    Sale prices for residential investment properties in University Place, WA start at $625,000, averaging $1,526,591, and reaching up to $4,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 7
    Duplexes 6
    Apartment buildings 1

    Demographics Overview

    Population 46K
    Population Growth (5Y) +0.9%
    Median Household Income $93,265
    College Educated 41.0%

    High-Yield Neighborhoods for Investment

    Identify University Place submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    University Place - 98467 $1.1M
    Tacoma - 98466 $2.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.02%
    Property Tax per SF $7.83 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in University Place fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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    Popular Searches in University Place, WA

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    Most Searched ZIP Codes in University Place, WA

    • 98466
    • 98467

    Featured University Place Real Estate Agencies

    Realmo connects you with licensed University Place CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Engel & Völkers Chambers Bay
    3610 Bridgeport Way W., Suite 7 University Place, WA 98466
    Phone: (253) 565-1121
    chambersbay.evrealestate.com
    Why this one?
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