Property Details
7426 7428 63rd Street Ct W
University Place, WA 98467
$699,500
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Property Overview
SOLD AS-IS. No exceptions. Bring your vision and unlock the potential of this spacious University Place duplex! This property offers an excellent opportunity for investors, owner-occupants, or do-it-yourself buyers. Build sweat equity if you update/repair deck, siding, some new flooring, one of the kitchen countertops, and fresh interior and exterior paint (or more). Both units are mirrored in layout, each featuring a vaulted living room with wood-burning fireplace, eat-in kitchen with dining space, main-level primary suite with private bath and walk-in closet, guest half bath with full-size washer and dryer area, plus direct access to a two-car garage and large backyard. Upstairs offers two additional rooms with closets, a den, and a full bath. The partially fenced backyard adds even more potential with a powered shop plus an additional one-car garage for each unit, both with street access and fenced off from the street. Long-term ownership and tenancy, one side had been owner occupied for 32 years, while tenant on the other side called it home for more than 30 years. Kitchens are pretty okay with updated appliances. Live in one side while renting the other, renovate and reposition for increased income potential, or hold as a long-term investment. Tucked at the end of a cul-de-sac for added privacy while remaining close to University Place shopping, dining, Chambers Bay, award-winning schools, and more. A rare opportunity to create value in a highly desirable location.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
University Place
Listed
Aug 12, 2026
Structure Type
Duplex
Parcel Number
7189000180
Tax & HOA
Annual Property Tax
$9,127 (2029)
Est. Monthly Tax
$761/mo
Financial Summary
Net Operating Income
$49,373
Gross Scheduled Income
$60,000
Total Expenses
$10,627
Building & Use
Building Sq Ft
3,126
Leasable Area
3,126 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
13,268 sqft
Year Built
1988
Exterior & Lot
Lot Size
0.30 sqft
Year Built
1988
Garage
6 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Lot Features
Cul-De-Sac, Dead End Street, Paved
Exterior Features
Wood Products
Community & Access
Directions
Head South on Bridgeport Way, turn Right onto Chambers Ln W, Left onto Chambers Creek Rd, Right on 73rd Ct W, Right on 63rd St Ct W, duplex is located at the end of cul-de-sac
Location
City
University Place
County
Pierce
Coordinates
47.20012, -122.53661
Additional Information
Tax Year
2029
Annual Taxes
$9,127
Possession
Array
Based on information submitted to the MLS GRID as of August 12, 2026 7:00 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
