Property Details

4111 Wollochet Drive NW
Gig Harbor, WA 98335
$1,095,000
MLS# 2503727 courtesy of NWMLS Listing firm: RE/MAX Exclusive

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4111 Wollochet Drive NW, Gig Harbor, WA 98335, Gig Harbor

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4111 Wollochet Drive NW, Gig Harbor, WA 98335, Gig Harbor

1 / 40
Multi-Family
Property Type
4,052
Bldg Sq Ft
2
Units
5.00%
Cap Rate
1983
Year Built

Property Overview

Exceptional opportunity in the desirable Artondale area of Gig Harbor with seasonal views of Wollochet Bay, offering versatility, space, and thoughtful updates on nearly 2.5 acres. This refreshed duplex features new carpet, fresh interior paint, laminate flooring, quartz countertops, and new appliances-creating a clean, move-in ready feel throughout both units. Each side offers a functional layout with main floor living, kitchen, and dining, upstairs bedrooms, and a lower-level basement with washer and dryer plus abundant storage-an uncommon and valuable feature for duplex living. What truly sets this property apart is the impressive 48×60 detached metal shop/garage, privately situated with its own access off a separate road. Ideal for hobbies, storage, workspace, or potential additional income use, this is a rare find that adds significant flexibility and appeal. Positioned in one of Gig Harbor’s most sought-after locations, you’re perfectly centered between Uptown and Gig Harbor famous fishing village downtown, with easy access to shopping, dining, waterfront activities, top-rated schools and for commuters HWY 16 is just minutes away. Whether you’re looking to invest, occupy one side and lease the other, or simply secure a property with long-term upside and usable land, this is a compelling opportunity in a premier setting. Live inspired in Gig Harbor-where lifestyle, location, and potential come together.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Pending
County Pierce
Neighborhood Wollochet
Listed Apr 8, 2026

Financial Summary

Cap Rate 5.00%
Net Operating Income $11,500
Gross Scheduled Income $44,900
Gross Rent Multiplier 4.00
Total Expenses $11,679

Building & Use

Building Sq Ft 4,052
Leasable Area 3,389 sqft
Total Units 2
Zoning Residential
Possible Use Residential
Lot Size 2.52 acres
Year Built 1983

Exterior & Lot

Lot Size 2.52 sqft
Year Built 1983
Exterior Materials Wood
Sewer Septic Tank
Water Source Individual Well
Lot Features Paved
Exterior Features Wood

Location

City Gig Harbor
County Pierce
Coordinates 47.29502, -122.61522

Additional Information

Tax Year 2025
Annual Taxes $8,929
Possession Array
Listed By
Julia Runyan
RE/MAX Exclusive

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