Off Market2898d on market
507 Grinnell Avenue SW
Orting, WA, 98360 • 98360 • Pierce County
$616,600
$237/sqft
2,600Sqft
0.33 acLot
1969Built
Property DNA
In Town
98360
Outdoor Living
Forced Air
Market activity
Demand and pricing signals for this listing
2898 days on market
Established listing
$237/sqft
Price per square foot
About this home
Multi Family · Built 1969
Golden Opportunity!4-PLEX,Fully-occupied with long-term tenants.Rent is below market value creating lots of potential.8%Cap Rate Means Positive Cash Flow Money In Your Pocket Every Monthl!Unit count consists of (2)2bed/1bath units and (2)1bed/1bath;Newer windows,Siding,Paint,Brand New Roof and coin-op laundry for additional income.Detached storage units;sits on.33 Acre lot with potential to build ADDITIONAL BUILDING(s)PLEASE DO NOT DISTURB THE TENANTS!Inspections can be done with accepted offer!
Estimated monthly payment
Based on current rates
$3,837/month
Principal & Interest$3,015
Property Tax$617
Insurance$206
Down payment20% ($123,320)
3%50%
Est. 6.18% rate · 30yr fixed · $493,280 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1969
HeatingElectric
Parking14 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionVery Good
Year built1969
Systems
HeatingElectric
RoofComposition
ConstructionBrick, Wood Siding, Wood Products
Water / SewerPublic, Company: City Of Orting / Sewer Connected, Company: City Of Orting
Parking & Outdoor
ParkingRV Parking
Lot0.33 Acres
Location & Tax
Neighborhood98360
Annual tax$3,619
Parcel391300051
Features & details
8 categories of property features
Interior Features
Heating
Electric
Windows
Thermal Windows
Green/Energy
Thermal Windows
Exterior Features
Parking
RV Parking
Construction
Brick
Wood Siding
Wood Products
Patio & Porch
Forced Air
Lot Features
Paved
Cable TV
Fenced-Partially
Outbuildings
Patio
RV Parking
Utilities
Cable Connected
Sewer Connected
Electric
Listing insights
Market data and value estimates
StatusOff Market
Days on market2898
Est. value$616,600
Est. rent$2,080/mo
Tax rate0.88%
Price/sqft$237
On marketDec 21, 2023
PostedSep 3, 2021
Last sold$395,950
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
How are the schools in Orting?
3 schools rated nearby
Location
Orting, WA, 98360
Price history
1 event
DateEventPrice$/sqftSource
Apr 30, 2018Sold$395,950$152NWMLS as distributed by MLS GRID
Sold$395,950
Apr 30, 2018•$152/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Orting, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98360
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Based on information submitted to the MLS GRID as of 2026-04-07 04:28:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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