Property Details

12421 6th Avenue NW
Gig Harbor, WA 98332
$1,275,000
MLS# 2500941 courtesy of NWMLS Listing firm: Windermere Prof Partners

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12421 6th Avenue NW, Gig Harbor, WA 98332, Gig Harbor

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12421 6th Avenue NW, Gig Harbor, WA 98332, Gig Harbor

1 / 40
Multi-Family
Property Type
3,172
Bldg Sq Ft
2
Units
5.00%
Cap Rate
1999
Year Built

Property Overview

Enjoy Sweeping Views of Colvos Passage from this fabulous one story home with a completely finished daylight basement. This home is zoned as a Duplex offering amazing opportunity for either Multi-Generational Living, or great Rental Income! The main level offers a sophisticated living area w/ gas fireplace and a wall of windows over looking the sound. A true chef's kitchen including , a breakfast bar & dining room make entertaining a breeze. Step out onto the huge deck and watch whales & boats float by. The primary suite also has access to the deck, a large walk in closet & full bath with soaking tub with a view! Downstairs you will find 2 additional bedrooms, 2 baths, a large living room and a beautiful kitchen with eating area. Right outside is a covered patio and a sundeck. And right down the street are stairs to the PRIVATE COMMUNITY BEACH! Both floors have their own separate entrance, washer & dryer, and designated parking. The top unit has an attached 2 car garage. Stop by to see how you can best utilize this exceptional property in beautiful Gig Harbor!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Colvos Passage
Listed Mar 12, 2026

Financial Summary

Cap Rate 5.00%
Net Operating Income $63,764
Gross Scheduled Income $78,000
Gross Rent Multiplier 16.35
Total Expenses $14,236

Building & Use

Building Sq Ft 3,172
Leasable Area 3,172 sqft
Total Units 2
Lot Size 18,295 sqft
Year Built 1999

Exterior & Lot

Lot Size 0.42 sqft
Year Built 1999
Garage 2 spaces
Exterior Materials Wood
Sewer Septic Tank
Water Source Public
Lot Features Dead End Street, Paved
Exterior Features Wood, Wood Products

Location

City Gig Harbor
County Pierce
Coordinates 47.37090, -122.54531

Additional Information

Tax Year 2025
Annual Taxes $7,736
Possession Array
Listed By
Erin Goodwill
Windermere Prof Partners

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