8005 21st Avenue W, University Place, WA 98466

Active

Multifamily

Virtual Tour

Listing courtesy of RE/MAX Advantage

$1,100,000

Rare University Place multifamily investment with immediate income, strong upside. This 3-unit view property offers cash flow, flexibility, and long-term appreciation in a desirable South Sound location. The north 2-BR unit is the premium residence, with vaulted ceilings, a new stainless kitchen, and a full-width deck… Read MoreRead Less

Listing courtesy of RE/MAX Advantage

Listing Snapshot

Cumulative Days On Market

Days on Website

Last Updated

May 15, 202607:26 am EDT

Property Type

Triplex

Square Ft.

2,754

Lot Size

0.33 Acres

Year Built

1999

Property Tax

$8,400

MLS Number

2518373

30 Days Snapshot Of 98466

$712k

(avg) sold price

+31%

homes sold

+4%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Building Area Total: 2754, Building Area Units: Square Feet, Calculated Square Footage: 2754, Elevation Units: Feet, Leasable Area: 2754, Living Area: 0, Number Of Units Total: 3, Stories Total: 2, Structure Type: "Triplex", Units In Building Total: 3, Year Built: 1999

Expenses

Other Expense: 720

Exterior Features

Exterior Features: "Wood"

Fireplaces

Fireplaces Total: 0

Floors

Flooring: "Ceramic Tile", "Hardwood", "See Remarks"

Foundation

Foundation Details: "Poured Concrete"

Garage

Garage Spaces: 2

Home Owner's Association

Association Fee: $0

Income

Net Operating Income: 65439

Lot

Features: "Dead End Street", 0 acres, 14472 square feet, View: "Islands", "Mountains", "Partial", "Sound"

Energy Saving

Green Energy Efficient: "Thermal Windows"

Parking

Carport Spaces: 0, Covered Spaces: 2, Parking Features: "RV Parking", Parking Total: 7, Parking Uncovered Total: 5

Property

Property Condition: "Very Good", Site Features: Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking, Sprinkler System

Roof

Roof: "Metal"

Sewer

Sewer: "Sewer Connected", Sewer Company: Pierce County Sewer

Utilities

Electric Expense: 1912, Fuel Expense: 1018, Power Company: Tacoma Public Utilities, Power Production Type: "Electric", "Natural Gas", Water Company: Tacoma Public Utilities, Water Source: "Public"

Listing Last Updated May 15, 2026, 07:26 am EDT.

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Mortgage Calculator (Source: AgentFire)

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Based on information submitted to the MLS GRID as of May 15, 20261:04 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listings last updated on May 14, 2026, 01:11 pm EDT

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8005 21st Avenue W, University Place, WA 98466

University Place, WA 98466

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