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$1,214,000
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Property Description
A rare opportunity to own a prime 4-plex in the heart of downtown Gig Harbor! Beautiful Terrain and sweeping views of the sound. Walkable access to the waterfront, shops and restaurants. This well-maintained multi-family property sits in one of the most desirable locations where rental demand remains strong year-round. Perfect for investors seeking stable income and long-term growth, or for owner-occupiers who want to live in one unit and rent the others. Embrace the unique blend of small-town warmth and strong investment fundamentals. Properties like this rarely come to market.
Full Property Details
Full Property Details for 7409 Hill Ave
General
- Sold For: $1,214,000
- Taxes: $8,539 (2025)
- Status: Closed
- Type: Multi-Family
- Source: NWMLS
- MLS ID: 2391204
- Added to Site: 219 day(s) ago
Interior
- Flooring: Laminate, Vinyl, Carpet
Additional Information
- Amenities: Sprinkler System
Parking
- Carport Spaces: 4
- Uncovered Spaces: 4
Location
- Area: 1 - Gig Harbor
- County: Pierce
- Subdivision: Gig Harbor
- Driving Directions: From HWY 16 take Pioneer Way Exit. Right on Lewis and Left on Hill Ave.
School Information
- High School District: Peninsula
- Elementary School: Discvy Elem
- Middle School: Goodman Mid
- High School: Gig Harbor High
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Exterior Const.: Brick, Wood Products
- Roof: Flat
- Stories in Building: 2
- Square Feet: 3,300
- Year Built: 1968
Unit Information
- Units in Building: 4
Lot Features
- Property View: Sound
- Lot Size (Acres): 0.2296
- Lot Size (Sq. Ft.): 10,000
- Lot Size Source: Realist
- Lot Dimensions: 10000
- Lot Features: Paved
Financial Considerations
- Tax Amount: $8,539
- Tax Year: 2025
- Terms: Cash Out, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 5240000111
Listed by Taelor Taurman | Windermere Prof Partners | (253) 851-9134
Sold by James Petramalo | Targa Real Estate Services Inc
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Schools
Schools serving 7409 Hill Ave
School District:Peninsula School District
| Name | Grades | Distance |
|---|---|---|
Goodman Middle School 3701 38th Avenue Northwest, Gig Harbor, WA 98335 | 6-8 | 2.3 mi |
Gig Harbor High School 5101 Rosedale Street Northwest, Gig Harbor, WA 98335 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7409 Hill Ave
Date
Details
Price
Change
Source
12/15/2025
Sold
$1,214,000
-2.88%
MLS
9/29/2025
Price Reduced
$1,249,999
-1.96%
MLS
9/06/2025
Price Reduced
$1,274,999
-1.92%
MLS
6/12/2025
Listed
$1,299,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7409 Hill Avenue, Gig Harbor, WA 98335 (MLS# 2391204) is a Multi-Family property that was sold at $1,214,000 on December 15, 2025. Want to learn more about 7409 Hill Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gig Harbor? You can browse all Gig Harbor real estate or contact a Coldwell Banker agent to request more information.

