Property Details
3111 Greenwood Avenue W, University Place, WA 98466-3312
University Place, WA 98466
$475,000
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About This Home
Prime University Place location! One-owner 1-story home with a huge unfinished basement, packed with potential and ready for its next chapter. This 3-bedroom, 1-bath time capsule is full of charm, featuring hardwood floors and a sweet, vintage kitchen with classic character. The cozy living room offers a wood-burning fireplace with gas insert (propane tank removed), and vinyl windows are installed throughout. Laundry hook-ups are available in one of the bedrooms and also in the unfinished basement, which includes both interior access and separate exterior entry—offering flexibility for storage, future expansion, or potential additional living space. The fully fenced yard spans four lots and includes an oversized detached one-car garage. Per the City of University Place, potential development options may include one single-family residence + two ADUs, or one duplex + one ADU (buyer to verify all development possibilities). An exceptional opportunity for investors, builders, or buyers looking for versatility, upside, and long-term value in a highly desirable location. Walking distance to Whole Foods and amenities.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
University Place
Listed
Mar 6, 2026
Interior Features
Bedrooms
3
Bathrooms
1.0
Living Area
1,069 sq ft
Basement
Unfinished
Entry Level
Main
Interior Features
Dbl Pane/Storm Window, Dining Room, Fireplace
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1949
Exterior Materials
Wood
Parking
Detached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved
Exterior Features
Wood
Location
City
University Place
County
Pierce
Coordinates
47.23122, -122.54120
Schools
School District
University Place
Elementary School
Evergreen Primary
Middle School
Narrows View Interme
High School
Curtis Snr High
Additional Information
Tax Year
2026
Annual Taxes
$6,030
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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