www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34231716
34231743

1917 Willow Ln W, University Place, WA 98466

Keller Williams Tacoma
Listed by Keller Williams Tacoma
$1,000,000
4 days on market
Updated 3 days ago

1917 Willow Lane W

Details
APN 022010-2-146
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,548
Units 2
NOI $62,574
Year Built 1965
Year Renovated 1987
Stories 1
Lot Size (SqFt) 15,552
Zoning Residential

Multifamily | 2 Units

Marketing description

Beautifully Maintained, Updated duplex offering breathtaking Puget Sound and Olympic Mountain views. Family-built, well-cared for and thoughtfully managed, this property reflects true pride of ownership and stewardship throughout. Each unit features 2 levels, 3 bedrooms, 2 bathrooms, one attached garage and a 1-car detached garage, providing the feel and functionality of a single-family home with strong tenant appeal. Recent capital improvements include both units fully renovated with quality finishes and modern updates. Rents remain significantly below current market levels, presenting an outstanding opportunity for future income growth and enhanced cash flow. Large windows capture panoramic water and mountain views, creating a living experience rarely found in multifamily properties. Located in a highly desirable University Place rental market with strong demand, this duplex offers a unique combination of quality construction, exceptional views, and value-add potential. An outstanding opportunity for investors seeking stable income, future appreciation, and long-term wealth creation.
From S Jackson Ave/Bridgeport Way W, Head West on 19th St W. Turn Left on Willow Lane W. ( No street sign) Property on the Left, private Rd.



Listing Contacts

Keller Williams Tacoma
Listed by Keller Williams Tacoma

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,574.00
$5,214.50/mo

Valuation Metrics

0
DSCR
6.26%
Cap Rate
6.26%
ROI

Map

Zoning

Intelligence Badge
UP SpecialUniversity Place
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
Last updated Feb 12, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian Thayer
License
72669
Brokerage
Keller Williams Tacoma
Brokerage Phone
2534608649
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591