3119 Bridgeport Way W, University Place, WA 98466
- $750,000
- 2,330
- SqFt
Listing courtesy of TS Property Management.
- List Price
- $750,000
- Status
- ACTIVE
- MLS#
- 2502777
- Days on Market
- 107
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,330
- Area Total SqFt
- 2330
- Annual Tax Ammount
- 7176
- Lot Size (sq ft)
- 11,325
- Sewer
- Sewer Connected
Property Description
Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an excellent opportunity to grow your portfolio. Act now and secure your foothold in this thriving market!
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Additional Information
- List Date
- 2026-04-10 16:24:11
- Community
- University Place
- Net Operating Income
- $43,851
- Gross Adjusted Income
- $55,740
- Gross Scheduled Income
- $55,740
- Total Monthly Income
- $4,645
- Insurance Expenses
- $1,246
- Water/Sewer/Garbage Expenses
- $3,467
- Gross Rent Multiplier
- 13.45
- Total Expenses
- $11,889
- Cap Rate
- 5.84
- Total Number of Units
- 3
- Unit Name
- 3119
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1945
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, RV Parking
- Energy Source
- Electric
- School District
- University Place
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,645
- Gross Scheduled Income
- $55,740
- Gross Adjusted Income
- $55,740
- Tax Year
- 2026
- Insurance Expense
- $1,246
- W/S/G Expenses
- $3,467
- Total Expenses
- $11,889
- Net Operating Income
- $43,851
- Gross Rent Multiplier
- 13.45
- Cap Rate
- 5.84
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.