Property Details

7720 Artondale Drive NW
Gig Harbor, WA 98335
$1,075,000
MLS# 2523786 courtesy of NWMLS Listing firm: Coldwell Banker Bain

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7720 Artondale Drive NW, Gig Harbor, WA 98335, Gig Harbor

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7720 Artondale Drive NW, Gig Harbor, WA 98335, Gig Harbor

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Multi-Family
Property Type
4,200
Bldg Sq Ft
3
Units
5.80%
Cap Rate
2019
Year Built

Property Overview

Set among the trees and creeks on nearly half an acre, this uniquely versatile Gig Harbor property is comprised of three distinct living spaces, offering a variety of possibilities. Whether you are looking for true multi-generational living, supplemental rental income, or a long-term investment, the options afforded by this property are hard to find. The main floor of the home encompasses approximately 2,200 square feet & includes 3 bedrooms, 2.5 baths, a dedicated office space, generous living and dining areas, & a well-appointed kitchen. Above, there is an 800 sqft, 1 bed, 1 bath apartment w/full kitchen. On the ground level, there is a separate 1,200 square foot, 1-bedroom, 1 bath ADU with "no stairs" access, full kitchen, living room & office/storage. Each of these spaces reflects quality craftsmanship and thoughtful design with cherry cabinetry, granite tile countertops, stainless appliances, and laundry hookups. For covered parking, there are attached 2-car and 1-car garages. There is also extensive off-street parking. Located close to the Gig Harbor Golf Club and just minutes from Highway 16 and Uptown Gig Harbor shopping, dining, and services — this is a rare opportunity. Photos are virtually staged.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood Artondale
Listed May 14, 2026

Financial Summary

Cap Rate 5.80%
Net Operating Income $61,955
Gross Scheduled Income $72,540
Gross Rent Multiplier 14.80
Total Expenses $10,585
Vacancy Rate 100.0%

Building & Use

Building Sq Ft 4,200
Leasable Area 4,200 sqft
Total Units 3
Zoning Residential
Possible Use Residential
Lot Size 19,820 sqft
Year Built 2019

Exterior & Lot

Lot Size 0.46 sqft
Year Built 2019
Garage 3 spaces
Exterior Materials Cement Plank
Parking RV Parking
Sewer Septic Tank
Water Source Community
Lot Features Adjacent to Public Land, Dead End Street, Open Space, Paved
Exterior Features Cement Planked

Location

City Gig Harbor
County Pierce
Coordinates 47.30202, -122.64212

Additional Information

Tax Year 2026
Annual Taxes $8,716
Possession Array
Listed By
Marc Kemp
Coldwell Banker Bain

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