About this home

Three Parcel Sale, over 50,000+ sq. ft. of land zoned residential. Investors, fix and flippers, come with you ideas to make the most out of this flat 3 parcel sale in University Place. Parcel 1 has 2 bed 1 bath 1200+ sq.ft fixer as the main home as well as a detached 6 car garage with functioning ADU apartment above that currently has renter for $1400/month. A third building with a two car garage also sits on the back of the property for all your storage needs. The additional 2 parcels are accessible through the gravel drive and are large flat lots with so much potential. Options include building spec homes, homes with multiple DADU's, multifamily, or land bank in UP as this area has so much potential.

Location

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Basics

Property type: Single Family Residence
Style: 1 Story
Stories: 1 story
Condition: Fixer
Year built: 1955 (renovated 1980)
Lot size: 50,707 sq ft (1.16 acres)
County: Pierce
MLS #: NWM2533502

Interior

Heating: Forced Air
Cooling: None
Flooring: Ceramic Tile, Vinyl Plank, Carpet
Appliances: Dishwasher, Refrigerator, Stove(s)/Range(s)
Fireplace: 1 · Wood Burning
Interior features: Fireplace, Water Heater

Exterior & lot

Exterior features: Wood, Wood Products
Roof: Composition
Foundation: Poured Concrete, Slab
Lot features: Open Space, Paved, Value In Land
Topography: Level,Partial Slope
Waterfront: No

Parking

Parking spaces: 8
Garage: Yes
Covered spaces: 8
Parking features: Driveway, Detached Garage, RV Parking

Utilities

Water: Public
Sewer: Available, Septic Tank
Power: Electric

Community & fees

Subdivision: University Place
Property tax: $5,239 (2026)

Transaction

Listed on: Jun 4, 2026
Days on market: 29
Price per sq ft: $748
Listing terms: Cash
Possession: Closing

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Schools

School district: University Place

High: Curtis Senior High
SchoolDigger 4 stars · Top 13% in WA

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Listing provided courtesy of: Keller Williams Rty Tacoma

Listing agent: Michael Putnam.

Based on information submitted to the MLS GRID as of —. 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 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-07-28.