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5205 S Orchard Street, University Place, WA 98467

Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: brian richardson, dan swanson
Office: kidder mathews
MLS#:2479266
Source:NWMLS
5205 S Orchard Street,University Place, WA 98467
$850,000
  • - Beds
  • - Baths
  • 3,664 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$850,000
  • Price per sq. ft.:$231.99
  • Monthly HOA dues:$350

About this home

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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Home facts

  • Year built:1981
  • Listing ID #:2479266
  • Updated:February 12, 2026 at 12:43 PM

Rooms and interior

  • Living area:3,664 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1981
  • Building area:3,664 sq. ft.
  • Lot area:0.26 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$231.99
  • Tax amount:$10,527 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of February 12, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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