Coldwell Banker Danforth, Jay Grauman, 253-380-3939, jaygrauman@outlook.com
Co-Listed By: Coldwell Banker Danforth, Brandon Hopson, 800-945-4110
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5.9% CAP RATE! Fantastic investment opportunity in desirable University Place! This fully rented 4-plex offers immediate rental income with a strong rental history and an excellent location within the highly sought-after University Place School District. Each spacious unit features 3 bedrooms, 1.75 baths, an open kitchen with eating space, separate dining area, generous living room with fireplace, in-unit laundry, and a private covered deck with storage. Thoughtful floor plans offer added privacy with a separate hallway leading to the primary suite and attached bath. Property also features ample parking, including 4 covered spaces, and a large common area. Convenient...ly located near shopping, dining, transit, and everyday amenities. A great opportunity to add a fully occupied, income-producing property to your investment portfolio!

Northwest Multiple Listing Service, MLS#: 2602514

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Construction Materials

  • Wood

Cooling

  • None

Exterior Features

  • Wood
  • Wood Products

Flooring

  • Laminate

Foundation Details

  • Poured Concrete

Heating

  • Wall Furnace

Lot Features

  • Paved

Power Production Type

  • Electric
  • Wood

Roof

  • Composition

Security Features

  • Fully Fenced

Sewer

  • Sewer Connected

Structure Type

  • Quadruplex
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Listed By:
Coldwell Banker Danforth
Jay Grauman, 253-380-3939, jaygrauman@outlook.com

Co-Listed By:
Coldwell Banker Danforth
Brandon Hopson, 800-945-4110

Data Source: Northwest Multiple Listing Service

MLS#: 2602514

Data Source Copyright: © 2026 Northwest Multiple Listing Service All rights reserved.

© 2026 Provided by Northwest Multiple Listing Service

This property was listed on 11/11/2026 and last updated as of 11/11/2026 8:43:14 PM. OSI IDX updated the data from Northwest Multiple Listing Service on 11/11/2026 at 8:58 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.