University Place, WA 98467 5116 54th Street W

$620,000

Pending
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Presented By: Theory Real Estate and NWMLS
  • Northwest Multiple Listing Service (NWMLS) - 21 - WA
  • MLS# 2385226
  • 06/06/2025
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Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
  • SQFT • 1,939
  • Garage • 1

Home Details

Opportunity knocks here in the heart of University Place. One level Duplex, Rent both units or live in one unit and rent the other. 2bed/ 1.5 bath W/D hookup, 1 car garage and lots of extra parking on each side. Quiet dead end street with easy access to JBLM, Tacoma, I-5, Hwy 16, the Sounder Train, golf course, Puget Sound beaches, Tacoma Community College, and lots of shopping and services. Landlord pays water, electricity, and garbage.
Presented By: Theory Real Estate and NWMLS

Interior Features for 5116 54th Street W

Bedrooms

Bedrooms Upper

Bathrooms

Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1

General for 5116 54th Street W

Building Area UnitsSquare Feet
Cap Rate4
Carport Spaces
Carport Y/NNo
CityUniversity Place
CoolingInsert, None
CountyPierce
DirectionsUse GPS for most accurate directions – The home is at the end of 54th street next door to Puget Sound Title Center
Electric Expense150
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard
High School DistrictTacoma
Insurance Expense100
Leasable Area1939
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet23522
Lot Size UnitsSquare Feet
MLS Area34 – University Place
ModificationTimestamp2025-09-16T18:03:11.203Z
NWM_ShowMapLinkY
Net Operating Income3075
New ConstructionNo
Number Of Units Total2
Open Parking Spaces6
PossessionClosing
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksOpportunity knocks here in the heart of University Place. One level Duplex, Rent both units or live in one unit and rent the other. 2bed/ 1.5 bath W/D hookup, 1 car garage and lots of extra parking on
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusPending
StatusPending
Structure TypeDuplex
Subdivision NameUniversity Place
Tax Annual Amount575
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyTacoma Public Utilities
Water Sewer Garbage100
Year Built1976

Exterior for 5116 54th Street W

Building Area Total1939
Covered Spaces2
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCorner Lot, Open Space, Paved, Secluded
Lot Size Acres0.54
Parking Uncovered Spaces6
Site FeaturesFenced-Partially, Patio
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Josh QA1

REALTOR ® SRES ®
Price $620,000
MLS#2385226
List Date 06/06/2025
Property Type Pending
Phone 925.123.4567
Get pre-approved
Request Tour
Request Info
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