Property Details
12421 6th Avenue NW
Gig Harbor, WA 98332
$1,275,000
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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
