Listed by TS Property Management
$750,000

3119 Bridgeport Way W University Place, WA 98466

Estimated payment $4,704/month

Total Views 4,101
4 Beds
3 Baths
2,330 Sq Ft
$322 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Territorial View
  • Open Space
  • Evergreen Primary School Rated A
  • No HOA
  • Vinyl Plank Flooring

About This Home

Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an excellent opportunity to grow your portfolio. Act now and secure your foothold in this thriving market!

Listing Agent

Dan Yoo

TS Property Management License #83287

Co-Listing Agent

Oudi Kumendong

TS Property Management License #24001617

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2356232

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,294

Year Built

  • Built in 1945

Lot Details

  • 0.26 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2,330 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • University Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0220108025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,294

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1945
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 2330
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Open Space
  • View: Yes
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Wood
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 3467

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: University Place
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 0220108025
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.67
  • LeasedItems: None
  • TotalMonthlyIncome: 4570

Multi Family

  • Gross Scheduled Income: 54840
  • Net Operating Income: 43833
  • Number Of Units Total: 3
  • Insurance Expense: 1246
  • Leasable Area: 2330
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6294

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,071 $498,300 $289,000 $209,300
2023 $6,071 $488,200 $261,800 $226,400
2022 $5,149 $466,900 $261,800 $205,100
2021 $4,772 $326,100 $179,200 $146,900
2019 $3,705 $293,400 $152,200 $141,200
2018 $3,958 $265,700 $127,400 $138,300
2017 $3,567 $235,800 $105,600 $130,200
2016 $3,486 $194,800 $80,400 $114,400
2014 $3,048 $185,300 $74,900 $110,400
2013 $3,048 $166,200 $68,100 $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Sale $750,000 -- $322 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Chicago Title
Warranty Deed $419,719 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $511,000 New Conventional
Previous Owner $100,000 Seller Take Back
Previous Owner $290,000 Credit Line Revolving
Previous Owner $290,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $294,000 Commercial
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2356232

Northwest Multiple Listing Service (NWMLS)

APN: 022010-8025