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$510,000

  • Sold
  • Closed
  • Multi-Family

Listed by Anikah Khan | Theory Real Estate | (253) 537-4663
Sold by Rizwan Awan | Theory Real Estate

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Opportunity knocks here in the heart of University Place. One level Duplex, Rent both units or live in one unit and rent the other. 2bed/ 1.5 bath W/D hookup, 1 car garage and lots of extra parking on each side. Quiet dead end street with easy access to JBLM, Tacoma, I-5, Hwy 16, the Sounder Train, golf course, Puget Sound beaches, Tacoma Community College, and lots of shopping and services. Landlord pays water, electricity, and garbage.

Full Property Details for 5116 54th St W

General

  • Sold For: $510,000
  • Taxes: $575 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2385226
  • Added to Site: 226 day(s) ago

Additional Information

  • Amenities: Fenced-Partially, Patio
  • Security/Safety: Partially Fenced

Parking

  • Covered Spaces: 2
  • Uncovered Spaces: 6

Location

  • Area: 34 - University Place
  • County: Pierce
  • Subdivision: University Place
  • Driving Directions: Use GPS for most accurate directions - The home is at the end of 54th street next door to Puget Sound Title Center

School Information

  • High School District: Tacoma

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Insert, None
  • Heating Type: Baseboard

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 1,939
  • Year Built: 1976

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.54
  • Lot Size (Sq. Ft.): 23,522
  • Lot Size Source: Realist
  • Lot Features: Corner Lot, Open Space, Paved, Secluded

Financial Considerations

  • Tax Amount: $575
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 220235002

Listed by Anikah Khan | Theory Real Estate | (253) 537-4663
Sold by Rizwan Awan | Theory Real Estate

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5116 54th St W

School District:Tacoma Public Schools
NameGradesDistance
Whittier Elementary School, Fircrest, WA
777 Elm Tree Lane, Fircrest, WA 98466
PK-31.5 mi
Wainwright Intermediate School
130 Alameda Avenue, Fircrest, WA 98466
6-82.4 mi
Foss High School
2112 South Tyler Street, Tacoma, WA 98405
9-122.3 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 5116 54th St W

Date
Details
Price
Change
Source
10/02/2025
Sold
$510,000
-17.74%
MLS
7/21/2025
Price Reduced
$620,000
-6.06%
MLS
6/06/2025
Listed
$660,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Anikah Khan | Theory Real Estate | (253) 537-4663
Sold by Rizwan Awan | Theory Real Estate

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5116 54th Street W, University Place, WA 98467 (MLS# 2385226) is a Multi-Family property that was sold at $510,000 on October 02, 2025. Want to learn more about 5116 54th Street W? Do you have questions about finding other Multi-Family real estate for sale in University Place? You can browse all University Place real estate or contact a Coldwell Banker agent to request more information.