5205 S Orchard Street, University Place, WA 98467

University Place
Local realty services provided by:Imagine Realty ERA Powered
Listed by: brian richardson, dan swanson
Office: kidder mathews
MLS#:2479266
Source:NWMLS
5205 S Orchard Street,University Place, WA 98467
$850,000
  • - Beds
  • - Baths
  • 3,664 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$850,000
  • Price per sq. ft.:$231.99
  • Monthly HOA dues:$350

About this home

This Grand Terrace community fourplex features oversized 894 SF 2BR/1BA units with the kind of unit profile renters fight over. Each apartment includes in-unit washer/dryer, a dedicated single-car garage, and a storage locker. Location is a win being minutes to Hwy 16 & I-5, Tacoma Mall, and Village at Chambers Bay, plus walkable access to a major bus route and daily-need amenities. In-place rents average $1,725/mo with clear mark-to-market upside supported by nearby 2BR/1BA rent comps averaging $2,115. In-place 6.95% cap and 8.41% pro forma cap.

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Home facts

  • Year built:1981
  • Listing ID #:2479266
  • Updated:March 26, 2026 at 07:43 PM

Rooms and interior

  • Living area:3,664 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1981
  • Building area:3,664 sq. ft.
  • Lot area:0.26 Acres
  • Lot Features:Dead-end Street, Paved, Secluded, Sidewalk
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Deck, Patio

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$231.99
  • Tax amount:$10,527 (2025)

Features and amenities

  • Amenities:Cable TV, High Speed Internet

Parking

  • Garage:Yes
  • Garage spaces:5
  • Carport spaces:4
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