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Sold
    • Listed by: Kidder Mathews • Brian Richardson
    Bought with: Kelly Right RE of Seattle LLC
    $850,000

    5205 S Orchard Street, University Place, WA 98467

    8beds
    4baths
    3,664sqft
    Multi Family
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $232/sqft
    $3,561 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,561/mo

    Zestimate® history
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    What's special

    Dedicated single-car garage
    This Grand Terrace community fourplex features oversized 894 SF 2BR/1BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,725/mo with clear mark-to-market upside supported by nearby 2BR/1BA rent comps averaging $2,115. In-place 6.95% cap and 8.41% pro forma cap.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Richardson,

    Kidder Mathews,

    Dan S. Swanson,

    Kidder Mathews

    Bought with:

    Yue Kong, 22035437

    Kelly Right RE of Seattle LLC

    Source: NWMLS as distributed by MLS GRID,MLS#: 2479266MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,664
    • Total interior livable area: 3,664 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Garage spaces: 5
    • Carport spaces: 4
    • Covered spaces: 9
    • Uncovered spaces: 4
    Lot
    • Size: 0.26 Acres
    • Features: Dead End Street, Paved, Secluded, Sidewalk, Cable TV, Deck, High Speed Internet, Patio
    Details
    • Parcel number: 6550700020
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4-Plex
    • Property subtype: Multi Family
    Materials
    • Wood Products
    • Foundation: Concrete Ribbon
    • Roof: Composition
    Condition
    • Year built: 1981
    • Major remodel year: 1995

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & HOA

    Community
    • Subdivision: University Place
    HOA
    • HOA fee: $350 monthly
    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $956,900
    • Annual tax amount: $10,527
    • Date on market: 4/9/2026
    • Cumulative days on market: 22 days
    • Listing terms: Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/31/2026Sold$850,000$232/sqft
    Source: NWMLS as distributed by MLS GRID #2479266 Report a problem
    3/4/2026Pending sale$850,000$232/sqft
    Source: NWMLS as distributed by MLS GRID #2479266 Report a problem
    2/11/2026Listed for sale$850,000+254.2%$232/sqft
    Source: NWMLS as distributed by MLS GRID #2479266 Report a problem
    7/18/2024Listing removed--
    Source: Zillow Rentals Report a problem
    7/12/2024Listed for rent$1,750
    Source: Zillow Rentals Report a problem
    7/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/5/2024Price change$1,750+4.5%
    Source: Zillow Rentals Report a problem
    2/3/2024Listed for rent$1,675+28.8%
    Source: Zillow Rentals Report a problem
    2/26/2021Listing removed--
    Source: Owner Report a problem
    7/3/2020Listing removed$1,300
    Source: Owner Report a problem
    5/29/2020Listed for rent$1,300
    Source: Owner Report a problem
    1/13/2003Sold$240,000+11.5%$66/sqft
    Source: Public Record Report a problem
    1/17/1995Sold$215,228$59/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$15,622 +57.2%$956,900 +7.1%
    2023$9,936 +13.8%$893,500 +6.2%
    2022$8,729 -1.1%$841,400 +9.3%
    2021$8,822 +46.7%$770,100 +45.2%
    2019$6,012 -4.2%$530,200 +14.5%
    2018$6,274 +11.5%$463,000 +16.5%
    2017$5,628 +22.1%$397,500 +29.2%
    2016$4,608 $307,600 +16%
    2014$4,608 +5.2%$265,200 +19.6%
    2013$4,381 $221,800 -11.2%
    2012-- $249,800 -9.9%
    2011-- $277,100 -11.8%
    2010-- $314,300 +59.5%
    2001$3,493 $197,100 -1%
    2000$3,493 $199,100
    Find assessor info on the county website

    Neighborhood: South Tacoma

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