Listing Courtesy of: Hawkins Poe
Listing Agent: Mitchell Baldridge
253-970-9711; mitchb@hawkinspoe.com
3023 Bridgeport Way W, #B
University Place, WA 98466
$835,050
A unique opportunity in the heart of University Place, offering flexibility for an owner-occupant, multigenerational living or investment. This well-maintained duplex features two spacious units, each with 2 bedrooms, 1.75 bathrooms, private laundry, attached garage and its own outdoor space. Inside, vaulted ceilings, large windows and generous living areas create a bright, open feel, while thoughtful floor plans provide comfortable separation between living and bedroom spaces. Recent improvements include exterior paint, interior updates and key mechanical upgrades. One unit is currently occupied by a long-term tenant, offering established rental income from day one. Conveniently located near University Place Town Center, Cirque Park, Chambers Bay, shopping, dining and everyday amenities. Whether you're looking to offset your housing costs, accommodate multiple generations or add a duplex to your portfolio, this property offers versatility in an excellent University Place location.
Listing Courtesy of: Hawkins Poe
Listing Agent: Mitchell Baldridge
253-970-9711; mitchb@hawkinspoe.com
| MLS #: | 2591312 |
|---|---|
| List Price: | $835,050 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Status: | Active |
| Living Area: | 3,500 |
| Association Fee: | $0 |
| Tax Annual Amount: | $9,578 |
| Lot Size Square Feet: | 25,604 |
| Lot Size Acres: | 0.5878 |
| City: | University Place |
| County Or Parish: | Pierce |
| Subdivision Name: | University Place |
| Postal Code: | 98466 |
| Year Built: | 1975 |
| Number Of Units Total: | 2 |
| Basement: | false |
| Building Area Total: | 3,500 |
| Building Area Units: | Square Feet |
| Covered Spaces: | 3 |
| Directions: | GPS Friendly. Exit Bridgeport onto 31st St W. Property is all the way down and on the left. Please allow parking for tenant on unit A. |
| Elevation Units: | Feet |
| Exterior Features: | Wood, Wood Products |
| Fireplaces Total: | 0 |
| Foundation Details: | Poured Concrete |
| Garage Spaces: | 3 |
| Gross Scheduled Income: | $46,176 |
| Heating?: | Yes |
| High School District: | University Place |
| Insurance Expense: | $6,625 |
| Leasable Area: | 3,500 |
| Listing Terms: | Cash, Conventional, FHA, VA Loan |
| Lot Size Units: | Square Feet |
| Main Level Bathrooms: | 0 |
| MLS Area Major: | 34 - University Place |
| Net Operating Income: | $22,765 |
| Calculated Square Footage: | 3,500 |
| Energy Source: | Electric |
| Gross Adjusted Income: | 43867 |
| Gross Rent Multiplier: | 18.08 |
| Leased Items: | None |
| MLSLot Size Source: | Realist |
| MLSSquare Footage Source: | Matrix |
| Offers: | Seller intends to review offers upon receipt |
| Parking Uncovered Total: | 1 |
| Preliminary Title Ordered: | Yes |
| Seller Disclosure: | Provided |
| Site Features: | Fenced-Partially, Patio |
| Style Code: | 52 - Duplex |
| Total Expenses: | 21102 |
| Total Monthly Income: | 3351 |
| Units Below Grade: | false |
| Vacancy Rate: | 0 |
| Water Sewer Garbage: | 2605 |
| Original List Price: | $835,050 |
| Other Expense: | $2,294 |
| Parcel Number: | 9435000164 |
| Parking Total: | 4 |
| Possession: | Closing, See Remarks |
| Power Production Type: | Electric |
| Roof: | Composition |
| Security Features: | Partially Fenced |
| Sewer: | Sewer Connected |
| Special Listing Conditions: | None |
| State Or Province: | WA |
| Stories Total: | 2 |
| Structure Type: | Duplex |
| Tax Year: | 2025 |
| Cooling: | None |
| Heating: | Forced Air |
| Status: | Active |
| Construction Materials: | Wood |
| Common Interest Community Yn: | false |
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Northwest Multiple Listing Service data last updated on October 08, 2026 02:58 PM - PT
Based on information submitted to the MLS GRID as of October 08, 2026 02:58 PM - PT. 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. Properties displayed may be listed or sold by various participants in the MLS. Some listings have been excluded from this website.
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Property Last Updated: October 08, 2026 02:58 PM - PT
