University Place, WA Multifamily Homes & Duplexes for Sale

/38
$1,195,000
- 6 Beds
- 6 Baths
- 3,058 Sq Ft
3326 Oas Dr W, University Place, WA 98466

Seller to gift Buyer a 2/1 Interest Rate Buy-down to dramatically lower monthly payment. Rare investment opportunity in highly sought-after University Place! This like-new duplex, built in 2017, sits on a spacious 1/3-acre lot and offers two well-maintained 3 bed, 1.75 bath units—each with vaulted ceilings, skylights, and modern finishes. Both units feature stainless steel appliances, heat pumps

Jesse Nelson

Terrafin

(253) 237-7836

3326 Oas Dr W, University Place, WA 98466
Explore University Place
/39
$795,000
- 6 Beds
- 4 Baths
- 2,492 Sq Ft
8214 42nd Street Ct W, University Place, WA 98466

Wonderful opportunity to own this fabulous duplex in a great area. Each unit has 3 bedrooms and a nice deck and back yard. Nice high ceilings and a living room fireplace too! Plenty of parking with a 1 car garage and 2 spaces in the driveway. This is on a dead end street too, so more privacy and less traffic. Each is in really good condition and has a heat pump.

Greg Pubols

Century 21 Blue Chip

(253) 523-2945

8214 42nd Street Ct W, University Place, WA 98466
/12
$699,950
- 4 Beds
- 4 Baths
- 2,080 Sq Ft
5201 66th St W, University Place, WA 98467

Fantastic Investment Opportunity in University Place! Don’t miss your chance to own this well-maintained 4-unit property in a highly desirable location. Each unit offers comfortable living space with solid rental history. Located minutes from schools, parks, shopping, and freeway access, this multi-family property is perfectly positioned for strong tenant demand. Tons of upside potential—whether

KENNETH PATTON COMPASS

5201 66th St W, University Place, WA 98467
/29
$620,000
- 4 Beds
- 4 Baths
- 1,939 Sq Ft
5116 54th St W Unit 5118, University Place, WA 98467

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.

Anikah Awan Theory Real Estate

5116 54th St W Unit 5118, University Place, WA 98467
/40
$1,295,000
- 5 Beds
- 4 Baths
- 3,607 Sq Ft
6912 53rd St W, University Place, WA 98467

EXTRAORDINARY mid-century modern design by original owner/Tacoma architect, Robert Lynch! Rare 5-bd, 3-ba, 3600+ sf duplex rambler (3-bd/2-ba & 2-bd/1-ba unit) in a gated sanctuary of waterfalls, lush foliage & cobblestone paths! The new ADU/DADU bill allows add’l dwellings on the same parcel w/no short plat! On 1.8+/- acres of easily-managed & well thought-out landscaping, this oasis includes

John Siridakis Windermere RE West Campus Inc

6912 53rd St W, University Place, WA 98467
/11
$850,000
- 6 Beds
- 6 Baths
- 3,068 Sq Ft
8015 8013 Sunset Terrace W, University Place, WA 98466

This is a great opportunity to purchase a duplex in University Place, just off Sunset Drive. Both units have 3 bedrooms, 1.75 bathrooms, 1,534 sq.ft, and an attached 1-car garage. The lower-level bedroom would also make a great home office or recreational room. You'll love the large backyard and its privacy. Newer laminate flooring in living/dining/kitchen, hallway; neutral wall colors, painted

Juli Anne Gibson BCR LLC

8015 8013 Sunset Terrace W, University Place, WA 98466
/40
$1,100,000
- 6 Beds
- 4 Baths
- 3,952 Sq Ft
8106 -8108 41st Street Ct W, University Place, WA 98466

Beautifully maintained duplex tucked at the end of a quiet street in desirable University Place! Both units feature bright, open layouts with cozy fireplaces, spacious kitchens with all appliances, dining rooms, deck access perfect for relaxing and attached garages. Detached 4-car tandem garage (832 sq ft) can be used for extra storage, rental income, or personal use. Unit 8106 offers 2 beds, 1

Shelly Crane Keller Williams Rty Tacoma

8106 -8108 41st Street Ct W, University Place, WA 98466

Washington Pierce County University Place

Why Live in University Place

University Place, WA, is a city that offers a suburban feel with abundant outdoor recreation and highly rated schools. The University Place School District ranks among the top 10 in the state, with Sunset Primary School, Narrow View Intermediate School, Curtis Junior High, and Curtis Senior High all receiving high ratings. Chambers Creek Regional Park is a major attraction, featuring the Chambers Bay Golf Course, a two-mile walking trail, a dog park, and access to the waterfront for swimming and sunset views. The park is a hub for outdoor activities, including walking, golfing, and dining at the clubhouse. University Place also has several neighborhood parks with playgrounds, athletic fields, and courts for tennis and pickleball. Housing in University Place includes a mix of single-family homes, apartments, and condos, with many properties offering views of the Olympia Mountains or Puget Sound. The local dining scene is centered around Bridgeport Way and 27th Street, with popular spots like Happy Duo Café, Lefty’s Burger Stand, and Bliss Small Batch Creamery. The city hosts several seasonal events, including the beloved Duck Daze and Community Harvest Day at Curran Apple Orchard. Located six miles from Tacoma, University Place is car-dependent, with Route 16 and Interstate 5 providing access to Seattle, which is 38 miles away. SeaTac International Airport is the nearest major airport, 30 miles from the city.

Learn more about living in University Place

Home Trends in University Place, WA

On average, homes in University Place, WA sell after 25 days on the market compared to the national average of 70 days. The median sale price for homes in University Place, WA over the last 12 months is $685,000, down 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$685,000

Median Single Family Sale Price

$749,000

Median Townhouse Sale Price

$618,000

Median 2 Bedroom Sale Price

$355,000

Average Price Per Sq Ft

$374

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.90

Median List Price

$749,950

Median Change From 1st List Price

Median Home Sale Price YoY Change

-11%

How to Buy a Home How to Finance a Home How to Sell a Home

In University Place, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $620,000 to $1,295,000, there's a range to accomodate every budget. As of July, 2025 the median home price in University Place is $749,950, while the average sale price is $708,576, offering insights into the local housing market. On average, multi-family homes spend 25 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in University Place, WA.

University Place Types of Homes for Sale

More About Living in University Place

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Homes in Nearby Counties

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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 by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID