12421 6th Avenue NW, Gig Harbor, WA 98332

$1,225,000
3,172
SqFt

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Listing courtesy of Windermere Prof Partners.

List Price
$1,225,000
Status
ACTIVE
MLS#
2500941
Price Change
▼ $50,000 1781985921
Days on Market
136
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,172
Area Total SqFt
3172
Annual Tax Ammount
7736
Lot Size (sq ft)
18,295
Sewer
Septic Tank

Property Description

Hot summer days are made for strolling along your private community beach, just a short walk from your front door. Launch a kayak, cool off with a refreshing dip, beachcomb the shoreline, or relax as boats, harbor seals, bald eagles, and the ever-changing marine wildlife of Colvos Passage become part of everyday life. Return home to peaceful water views framed by a wall of windows that fills the home with natural light and over 3,100 SF of thoughtfully updated flexible living space. Zoned as a Duplex, the home is designed to maximize functionality, featuring a walk-out lower level with its own separate entrance, dedicated parking, private outdoor living space, and a floor plan that adapts to a variety of lifestyle needs. The open-concept main level showcases a gas fireplace surrounded by lit built-in shelving, a chef's kitchen remodeled in 2022, and breakfast nook dining area. Retreat to your spacious primary suite with water view and private deck access, a walk-in closet, and ensuite bath with soaking tub. Remodeled in 2023, the lower level includes a beautifully updated full kitchen, comfortable living spaces, bedrooms, baths, covered patio, and separate thermostat for independent climate control. Both levels include its own washer and dryer. An attached 2-car garage, generous storage, and a quiet Gig Harbor setting just 10 minutes from Highway 16 complete this quintessential North Gig Harbor home.

Additional Information

List Date
2026-03-12 17:28:12
Community
Colvos Passage
Net Operating Income
$63,764
Gross Adjusted Income
$78,000
Gross Scheduled Income
$78,000
Total Monthly Income
$6,500
Insurance Expenses
$6,500
Gross Rent Multiplier
16.35
Total Expenses
$14,236
Cap Rate
5
Total Number of Units
2
Unit Name
12421
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1999
View
Bay, Islands, Sound, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings, Patio
Energy Source
Electric, Natural Gas
School District
Peninsula
High School
Peninsula High
Total Monthly Income
$6,500
Gross Scheduled Income
$78,000
Gross Adjusted Income
$78,000
Tax Year
2025
Insurance Expense
$6,500
Total Expenses
$14,236
Net Operating Income
$63,764
Gross Rent Multiplier
16.35
Cap Rate
5
Based on information submitted to the MLS GRID as of . 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.
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