Sold

Listed by: Theory Real Estate • Anikah Khan

Bought with: Theory Real Estate

$510,000

5116 54th Street W, University Place, WA 98467

4beds

4baths

1,939sqft

Multi Family

Built in 1976

-- sqft lot

$507,700 Zestimate^®

$263/sqft

$2,326 Estimated rent

Home value

$507,700

Estimated sales range

Not available

$2,326/mo

Zestimate^® history

Owner options

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$2,326/mo

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$2,326/mo

Rent Zestimate^®

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$3,117/mo

Est. payment

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$3,117/mo

Est. payment

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What's special

Extra parkingQuiet dead end street

Opportunity knocks here in the heart of University Place. One level Duplex, Rent both units or live in one unit and rent the other. 2bed/ 1.5 bath W/D hookup, 1 car garage and lots of extra parking on each side. Quiet dead end street with easy access to JBLM, Tacoma, I-5, Hwy 16, the Sounder Train, golf course, Puget Sound beaches, Tacoma Community College, and lots of shopping and services. Landlord pays water, electricity, and garbage.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Baseboard, Electric

Cooling

Insert, None

Features

Has fireplace: No

Interior area

Total structure area: 1,939
Total interior livable area: 1,939 sqft

Property

Parking

Total spaces: 8
Parking features: Open
Covered spaces: 2
Uncovered spaces: 6

Features

Has view: Yes
View description: Territorial

Lot

Size: 0.54 Acres
Features: Corner Lot, Open Lot, Paved, Secluded, Fenced-Partially, Patio

Details

Parcel number: 0220235002
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Siding
Foundation: Poured Concrete
Roof: Composition

Condition

Year built: 1976
Major remodel year: 1986

Utilities & green energy

Electric: Company: Tacoma Public Utilities
Sewer: Septic Tank, Company: Septic
Water: Public, Company: Tacoma Public Utilities

Community & HOA

Community

Subdivision: University Place

Location

Region: University Place

Financial & listing details

Price per square foot: $263/sqft
Annual tax amount: $575
Date on market: 8/5/2025
Cumulative days on market: 235 days
Listing terms: Conventional,FHA,VA Loan

Price history

Date	Event	Price
10/2/2025	Sold	$510,000-17.7%$263/sqft
Source: NWMLS as distributed by MLS GRID #2385226 Report a problem
9/3/2025	Pending sale	$620,000$320/sqft
Source: NWMLS as distributed by MLS GRID #2385226 Report a problem
7/21/2025	Price change	$620,000-6.1%$320/sqft
Source: NWMLS as distributed by MLS GRID #2385226 Report a problem
6/6/2025	Listed for sale	$660,000+10%$340/sqft
Source: NWMLS as distributed by MLS GRID #2385226 Report a problem
2/28/2023	Sold	$600,000+0%$309/sqft
Source: NWMLS as distributed by MLS GRID #2030429 Report a problem
2/1/2023	Pending sale	$599,950$309/sqft
Source: NWMLS as distributed by MLS GRID #2032227 Report a problem
2/1/2023	Listed for sale	$599,950$309/sqft
Source: NWMLS as distributed by MLS GRID #2032227 Report a problem
1/28/2023	Pending sale	$599,950$309/sqft
Source: NWMLS as distributed by MLS GRID #2030429 Report a problem
1/27/2023	Listed for sale	$599,950$309/sqft
Source: NWMLS as distributed by MLS GRID #2030429 Report a problem