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$850,000
20 Days On Site
5205 S Orchard StreetUniversity Place, WA98467
For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,664
SqFt
$232
/SqFt
1981
Built
Cumulative Days On Market:
21
Subdivision:
University Place
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Brian Richardson of Kidder Mathews
Listing courtesy of Brian Richardson of Kidder Mathews
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Call Now: 253-268-1714
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253-268-1714



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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.
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Listing Snapshot
Price
$850,000
Days On Site
20 Days
Bedrooms
N/A
Inside Area (SqFt)
3,664 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2612 Acres
Year Built
1981
MLS® Number
2479266
Status
Active
Property Tax
$10,527
HOA/Condo/Coop Fees
$350 monthly
Sq Ft Source
N/A
Friends & Family
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Recent Activity
| yesterday | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
0.2612
Carport
4
Garage
Yes
Garage Spaces
5
Number Of Stories
3
Parking Spaces
9
Property Sub Type
Multi Family
SqFt Total
3664
Utilities
Cable AvailableSewer Connected
Interior Features
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Wood Siding
Lot Features
PavedSecluded
Patio And Porch
DeckPatio
Roof
Composition
Community Features
Association Amenities
Storage
Association Dues
350
Financing Terms Available
CashConventionalFHAVA Loan
HOA Fee Frequency
Monthly
MLS Area
33 - University Place
School District
Tacoma
Schools
School District
Tacoma
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Brian Richardson of Kidder Mathews

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-03-04 02:04 AM PST
Listing courtesy of Brian Richardson of Kidder Mathews

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-03-04 02:04 AM PST
Neighborhood & Commute
Source: Walkscore
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