5116 54th St W Unit 5118 University Place, WA 98467
Estimated payment $3,351/month
Highlights
- 0.54 Acre Lot
- Territorial View
- Patio
- Secluded Lot
- No HOA
- Open Space
About This Home
Opportunity knocks here in the heart of University Place. One level Duplex, Rent both units or live in one unit and rent the other. 2bed/ 1.5 bath W/D hookup, 1 car garage and lots of extra parking on each side. Quiet dead end street with easy access to JBLM, Tacoma, I-5, Hwy 16, the Sounder Train, golf course, Puget Sound beaches, Tacoma Community College, and lots of shopping and services. Landlord pays water, electricity, and garbage.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2385226
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $575
Year Built
- Built in 1976
Lot Details
- 0.54 Acre Lot
- Open Space
- Partially Fenced Property
- Secluded Lot
- Corner Lot
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 1,939 Sq Ft Home
- 1-Story Property
- Self Contained Fireplace Unit Or Insert
- Territorial Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 8 Parking Spaces
- 2 Covered Spaces
- Open Parking
Outdoor Features
- Patio
Utilities
- Baseboard Heating
- Septic Tank
Community Details
- No Home Owners Association
- University Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 0220235002
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $7,086 | $605,300 | $306,400 | $298,900 |
| 2024 | $7,086 | $578,900 | $298,600 | $280,300 |
| 2023 | $7,086 | $579,700 | $313,800 | $265,900 |
| 2022 | $3,465 | $575,100 | $322,600 | $252,500 |
| 2021 | $3,350 | $418,600 | $215,100 | $203,500 |
| 2019 | $4,624 | $369,900 | $183,400 | $186,500 |
| 2018 | $4,756 | $337,600 | $169,200 | $168,400 |
| 2017 | $4,477 | $289,200 | $135,000 | $154,200 |
| 2016 | $3,949 | $226,700 | $97,100 | $129,600 |
| 2014 | $4,042 | $215,100 | $92,500 | $122,600 |
| 2013 | $4,042 | $204,500 | $92,500 | $112,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2025 09/03/25 | Pending | -- | -- | -- |
| 07/21/2025 07/21/25 | Price Changed | $620,000 | -6.1% | $320 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $660,000 | +10.0% | $340 / Sq Ft |
| 02/28/2023 02/28/23 | Sold | $600,000 | 0.0% | $309 / Sq Ft |
| 01/27/2023 01/27/23 | Pending | -- | -- | -- |
| 01/27/2023 01/27/23 | For Sale | $599,950 | -- | $309 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $449,250 | New Conventional | |
| Previous Owner | $13,000 | Unknown |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2385226
APN: 022023-5002
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Based on information submitted to the MLS GRID
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