A rare opportunity to own a prime 4-plex in the heart of downtown Gig Harbor! Beautiful Terrain and sweeping views of the sound. Walkable access to the waterfront, shops and restaurants. This well-maintained multi-family property sits in one of the most desirable locations where rental demand remains strong year-round. Perfect for investors seeking stable income and long-term growth, or for owner-occupiers who want to live in one unit and rent the others. Embrace the unique blend of small-town warmth and strong investment fundamentals. Properties like this rarely come to market.
Sold
Listed by: Windermere Prof Partners • Taelor Taurman
Bought with: Targa Real Estate Services Inc
$1,214,000
7409 Hill Avenue, Gig Harbor, WA 98335
7beds
4baths
3,300sqft
Quadruplex, Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$368/sqft
$4,252 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,252/mo
Zestimate® history
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$7,534/mo
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Zillow last checked:
Listing updated:
Listed by:
Taelor Taurman,
Windermere Prof Partners
Bought with:
James Petramalo, 91198
Targa Real Estate Services Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2391204
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Carport spaces: 4
- Uncovered spaces: 4
Features
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 10,001 Square Feet
- Dimensions: 10000
- Features: Paved, Sprinkler System
Details
- Parcel number: 5240000111
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Brick, Wood Products
- Roof: Flat
Condition
- Year built: 1968
Utilities & green energy
- Electric: Company: Peninsula Light
- Sewer: Sewer Connected, Company: City of Gig Harbor
- Water: Public, Company: City of Gig Harbor
Community & HOA
Community
- Subdivision: Gig Harbor
Location
- Region: Gig Harbor
Financial & listing details
- Price per square foot: $368/sqft
- Tax assessed value: $1,016,600
- Annual tax amount: $8,539
- Date on market: 9/25/2025
- Cumulative days on market: 300 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Sold | $1,214,000-2.9%$368/sqft |
Source:  NWMLS as distributed by MLS GRID #2391204 Report a problem | ||
| 10/1/2025 | Pending sale | $1,249,999$379/sqft |
Source: NWMLS as distributed by MLS GRID #2391204 Report a problem | ||
| 9/29/2025 | Price change | $1,249,999-2%$379/sqft |
Source: NWMLS as distributed by MLS GRID #2391204 Report a problem | ||
| 9/6/2025 | Price change | $1,274,999-1.9%$386/sqft |
Source: NWMLS as distributed by MLS GRID #2391204 Report a problem | ||
| 6/12/2025 | Listed for sale | $1,299,999+18.2%$394/sqft |
Source: NWMLS as distributed by MLS GRID #2391204 Report a problem | ||
| 12/21/2021 | Sold | $1,100,000+4.8%$333/sqft |
Source: NWMLS as distributed by MLS GRID #1865935 Report a problem | ||
| 11/21/2021 | Pending sale | $1,050,000$318/sqft |
Source: NWMLS as distributed by MLS GRID #1865935 Report a problem | ||
| 11/19/2021 | Listed for sale | $1,050,000+253.9%$318/sqft |
Source: NWMLS as distributed by MLS GRID #1865935 Report a problem | ||
| 8/23/2012 | Listing removed | $775 |
Source: Aspen NW Report a problem | ||
| 5/10/2012 | Price change | $775-3.1% |
Source: Aspen NW Report a problem | ||
| 5/4/2012 | Listed for rent | $800 |
Source: Aspen NW Report a problem | ||
| 12/1/1999 | Sold | $296,666$90/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,539 +7.2% | $1,016,600 +8.2% |
| 2023 | $7,968 +9.1% | $939,400 +3.1% |
| 2022 | $7,303 +12.4% | $910,800 +24.9% |
| 2021 | $6,499 +35% | $729,500 +32.6% |
| 2019 | $4,814 +2.5% | $550,000 +7.5% |
| 2018 | $4,697 +15% | $511,400 +12.1% |
| 2017 | $4,083 -0.9% | $456,100 +16.9% |
| 2016 | $4,121 | $390,000 +2.7% |
| 2014 | $4,121 +0.7% | $379,800 +7.8% |
| 2013 | $4,093 | $352,200 -2.5% |
| 2012 | -- | $361,300 -11.1% |
| 2011 | -- | $406,300 -6.9% |
| 2010 | -- | $436,400 -5.2% |
| 2009 | -- | $460,300 -8.8% |
| 2008 | $4,660 | $504,700 -7.2% |
| 2007 | $4,660 +38.9% | $543,600 +111.2% |
| 2002 | $3,356 +2.7% | $257,400 -8.7% |
| 2001 | $3,268 | $281,900 +7.2% |
| 2000 | $3,268 | $262,900 |
Find assessor info on the county website
Neighborhood: View Basin
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Nearby schools
GreatSchools rating
- 9/10Discovery Elementary SchoolGrades: K-5Distance: 1.1 mi
- 7/10Goodman Middle SchoolGrades: 6-8Distance: 2.4 mi
- 9/10Gig Harbor High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Discvy Elem
- Middle: Goodman Mid
- High: Gig Harbor High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Pierce County
- Gig Harbor
- 98335
- View Basin
- 7409 Hill Avenue
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