

Listed by Keller Williams Tacoma
$1,000,000
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.
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Listed by Keller Williams Tacoma
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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
UP SpecialUniversity Place
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Last updated Feb 12, 2026 For deeper zoning details, reports are available at Zoneomics
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