3118 Morrison RD W #A-D, University Place, WA 98466
3118 Morrison RD W #A-D, University Place, WA 98466,Video Tour
3118 Morrison RD W #A-D, University Place, WA 98466
3118 Morrison RD W #A-D, University Place, WA 98466
3118 Morrison RD W #A-D, University Place, WA 98466
3118 Morrison RD W #A-D, University Place, WA 98466
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Listed by:Coldwell Banker Danforth • Jay Grauman • Brandon Hopson
Becca McInnis

Becca McInnis

+1(253) 282-8111
Listed by:Coldwell Banker Danforth • Jay Grauman • Brandon Hopson
$ 1,395,000
Est. payment | /mo

12 Beds

8 Baths

4,704 SqFt

Save Virtual Tour
$ 1,395,000
Est. payment | /mo
Save Virtual Tour

12 Beds

8 Baths

4,704 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,704 sqft

Price per Sqft $296

Subdivision University Place

MLS Listing ID 2602514

Style 54 - 4-Plex

Bedrooms 12

Year Built 1988

Annual Tax Amount $15,243

Lot Size 0.380 Acres

Property Sub-Type Multi Family

Property Description

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. Conveniently located near shopping, dining, transit, and everyday amenities. A great opportunity to add a fully occupied, income-producing property to your investment portfolio!

Location

State WA

County Pierce

Area 34 - University Place

Interior

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Deck, Fenced-Fully, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Paved

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District University Place

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://my.matterport.com/show/?m=PEcimu57CBv

Northwest MLS (NWMLS)
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Nearby Locations

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3118 Morrison RD W #A-D