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Mike Thomson

mike@1realty.com +1(360) 739-8211

Listed by:Keller Williams Realty PS • Denise Christofferson

$775,000

Est. payment - /mo

6 Beds

6 Baths

2,692 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,692 sqft

Price per Sqft $287

Subdivision Milton

MLS Listing ID 2569940

Style 52 - Duplex

Bedrooms 6

Year Built 2005

Annual Tax Amount $7,732

Lot Size 0.375 Acres

Property Sub-Type Multi Family

Property Description

Tucked away on a private road in a residential neighborhood, this townhouse-style duplex offers something you don't always find with an investment property; space, privacy and flexibility. Each spacious unit features 3 bedrooms, 3 bathrooms and plenty of parking, creating options for an investor, owner-occupant or multigenerational living. Side A was updated in 2025, while Side B was updated approximately 7 years ago, providing strong rental income today with additional opportunity to add value over time. A new roof and gutters were installed in 2025, taking care of two important big-ticket items. Both tenants are currently month-to-month, giving the next owner added flexibility. (Photos have been edited to remove tenants personal items). For investors, the numbers are worth a look with a current 7.09% cap rate and potential for future upside. The seller also previously explored adding a DADU and completed some preliminary legwork, giving a future owner a head start should they choose to investigate that possibility further. Located within the Fife School District and close to Triangle Park, the Milton Interurban Trail, shopping, dining and major commuter routes, this property combines a residential setting with convenient access to everything you need.

Location

State WA

County Pierce

Area 71 - Milton

Interior

Flooring Ceramic Tile, Laminate, Slate, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked, Wood, Wood Products

Garage Spaces 2.0

Amenities Available Patio, RV Parking

View Y/N No

Roof Type Composition

Building

Lot Description Dead End Street

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Surprise Lake Mid

High Schools Fife High

School District Fife

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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Mike Thomson

+1(360) 739-8211

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116 19th AVE Milton, WA 98354

Mike Thomson

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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