7124 Artondale Drive Nw, Gig Harbor, WA 98335

Local realty services provided by:Tucker Realty ERA Powered
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Listed by:erick harpole
Office:keller williams realty ps
MLS#:2418212
Source:NWMLS
7124 Artondale Drive Nw,Gig Harbor, WA 98335
$2,125,000
  • - Beds
  • - Baths
  • 5,509 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,125,000
  • Price per sq. ft.:$385.73

About this home

Once in a lifetime opportunity to own a turnkey 7-plex in the heart of Artondale, Gig Harbor. Pride of ownership is clear as it has been meticulously maintained over the years. The property could continue as a 7-plex or be an Airbnb or partially owner occupied. Current 5.3% cap rate with potential to be closer to 6% through rent optimization / short-term rental. Property has stable long-term tenants with recent improvements including updated roofs, exterior paint, and well systems. Three buildings with 2 duplexes & a triplex offer a diverse unit mix. Excellent location in an area with limited multi-family inventory. Perfect for investors seeking turnkey cash flow property or to complete a 1031 exchange. Don't miss this rare Gig Harbor gem!

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Home facts

  • Year built:1967
  • Listing Id #:2418212
  • Updated:August 13, 2025 at 11:51 PM

Rooms and interior

  • Living area:5,509 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1967
  • Building area:5,509 sq. ft.
  • Lot area:0.99 Acres

Schools

  • High school:Gig Harbor High
  • Middle school:Kopachuck Mid
  • Elementary school:Artondale Elem

Utilities

  • Water:Shared Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,125,000
  • Price per sq. ft.:$385.73
  • Tax amount:$10,344 (2025)
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