Listed by PropertiesNW of Gig Harbor Ltd
$795,000
PENDING

5503 51st Avenue Ct NW Gig Harbor, WA 98335

Estimated payment $4,614/month

Total Views 250
4 Beds
4 Baths
2,212 Sq Ft
$359 Price per Sq Ft

Highlights

  • Territorial View
  • Corner Lot
  • Gazebo
  • Harbor Heights Elementary School Rated A-
  • No HOA
  • Patio

About This Home

Fantastic duplex opportunity in a prime Gig Harbor location—close to shopping, dining, schools, and quick highway access. Unit 5503 (right) has been refreshed with new interior paint, LVP flooring, modern kitchen cabinets, quartz countertops, and island seating that opens into the light-filled main living area. Step outside to a generous stamped concrete patio perfect for outdoor dining and entertaining. Unit 5501 was updated in 2022. Live in one and rent the other, or add a desirable rental to your portfolio—versatile options in a high-demand market.

Listing Agent

Alison Paoli

PropertiesNW of Gig Harbor Ltd License #22036277 Listed on: 10/29/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2449383

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,432

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 0.43 Acre Lot
  • Street terminates at a dead end
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,212 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Gazebo

Schools

  • Harbor Heights Elementary School
  • Goodman Mid Middle School
  • Gig Harbor High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Propane
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wollochet Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4001150040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,432

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • MLS Status: Pending Inspection
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 2212
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you!
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Updated/Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PenLight
  • SewerCompany: Septic
  • CableConnected: Xfinity
  • InternetConnected: Xfinity

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula
  • High School: Gig Harbor High
  • Middle Or Junior School: Goodman Mid

Lot Info

  • Parcel Number: 4001150040
  • Lot Size Acres: 0.4319
  • Lot Size Sq Ft: 18814
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,High Speed Internet,Patio,Propane
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.8
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5432

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Harbor Heights Elem

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
2025 $5,321 $588,600 $261,900 $326,700
2024 $5,321 $569,200 $253,500 $315,700
2023 $5,321 $549,700 $253,500 $296,200
2022 $4,685 $561,800 $253,500 $308,300
2021 $4,301 $382,700 $175,700 $207,000
2019 $3,661 $358,400 $155,100 $203,300
2018 $1,820 $331,700 $138,000 $193,700
2017 $3,040 $301,200 $118,200 $183,000
2016 $2,809 $229,500 $87,400 $142,100
2014 $2,526 $224,200 $79,900 $144,300
2013 $2,526 $207,000 $73,300 $133,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Pending -- -- --
10/29/2025 10/29/25 For Sale $795,000 -- $359 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $373,719 Ticor Title
Warranty Deed $348,200 Fidelity National Title Insu
Warranty Deed $204,500 Commonwealth Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Gift Deed -- --
Warranty Deed $38,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,500 New Conventional
Previous Owner $278,560 New Conventional
Previous Owner $163,500 No Value Available
Previous Owner $152,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2449383

Northwest Multiple Listing Service (NWMLS)

APN: 400115-0040