Sold868d on market
7406 31st Street Ct W
University Place, WA, 98466 • 98466 • Pierce County
$1,290,000
$285/sqft
4,528Sqft
0.21 acLot
1981Built
Property DNA
University Place
98466
Outdoor Living
Wall to Wall Carpet
This home is getting attention
Listed 868 days ago
Market activity
Demand and pricing signals for this listing
868 days on market
Established listing
$285/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 43% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
Want the full market analysis?
Get the detailed selling prediction score, comparable sales data, and price trend forecast for this property.
Free · Delivered to your inbox in minutes
About this home
Multi Family · Built 1981
UPDATED PRICING! Great income property that is turn-key & ready for new investor/owner! Impeccably refurbished townhouse style units that include fresh interior & exterior paint, LVP flooring, updated millwork + doors, LED lighting throughout, granite counters in kitchen & baths, new vinyl windows, updated plumbing fixtures, copper piping, stainless steel appliances, & more! Same floorplan for each unit. 100% occupied & rental amounts noted are current. Convenience is key here! Located just a stone's throw away from all amenities, including the ever-popular Whole Foods & the renowned Chambers Bay Golf Course. A rare opportunity to own a low-hassle investment property in one of Pierce Counties most sought-after cities! Offering 6.3% cap rate
Estimated monthly payment
Based on current rates
$8,028/month
Principal & Interest$6,308
Property Tax$1,290
Insurance$430
Down payment20% ($258,000)
3%50%
Est. 6.18% rate · 30yr fixed · $1,032,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1981
HeatingBaseboard, Electric
CoolingNone
Parking8 Open Parking spaces
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1981
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerPublic, Company: Tacoma Public Utilities / Sewer Connected, Company: Pierce County
Parking & Outdoor
ParkingOpen
Lot9,147 sqft
Location & Tax
Neighborhood98466
Annual tax$11,526
Parcel0220108027
Features & details
7 categories of property features
Interior Features
Flooring
Vinyl Plank
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Parking
Open
Construction
Wood Siding
Wood Products
Patio & Porch
Wall to Wall Carpet
Lot Features
Curbs
Dead End Street
Paved
Cable TV
Deck
Fenced-Partially
High Speed Internet
Patio
Listing insights
Market data and value estimates
StatusSold
Days on market868
Est. rent$2,013/mo
Tax rate0.88%
Price/sqft$285
On marketOct 16, 2023
PostedSep 19, 2023
Last sold$1,290,000
MLS statusSold
MLS updatedSep 5, 2024
Tour days6
How are the schools in University Place?
3 schools rated nearby
Location
University Place, WA, 98466
Price history
19 events
DateEventPrice$/sqftSource
Sep 13, 2024Listing Removed$1,950—Zillow Rentals
Aug 9, 2024Listed For Rent$1,950—Zillow Rentals
Nov 20, 2023Sold$1,290,000$285NWMLS as distributed by MLS GRID
Oct 25, 2023Pending Sale$1,370,000$303NWMLS as distributed by MLS GRID
Oct 12, 2023Price Change$1,370,000$303NWMLS as distributed by MLS GRID
Sep 19, 2023Listed For Sale$1,450,000$320NWMLS as distributed by MLS GRID
May 12, 2023Listing Removed——Zillow Rentals
May 1, 2023Price Change$1,995—Zillow Rentals
Mar 14, 2023Price Change$2,095—Zillow Rentals
Feb 13, 2023Listed For Rent$2,195—Zillow Rentals
Jun 17, 2022Listing Removed——Zillow Rental Manager
May 19, 2022Price Change$2,095—Zillow Rental Manager
May 13, 2022Price Change$2,295$1Zillow Rental Manager
Apr 3, 2022Listed For Rent$2,350$1Zillow Rental Manager
Jun 10, 2019Listing Removed$1,650—Zillow Rental Manager
Jun 3, 2019Listed For Rent$1,650—Zillow Rental Manager
Apr 29, 2016Sold$469,719$104Public Record
Dec 8, 2006Sold$573,500$127Public Record
Jan 10, 2002Sold$298,993$66Public Record
Listing Removed$1,950
Sep 13, 20240•Zillow Rentals
Listed For Rent$1,950
Aug 9, 20240•Zillow Rentals
Sold$1,290,000
Nov 20, 2023•$285/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,370,000
Oct 25, 2023•$303/sqft•NWMLS as distributed by MLS GRID
Price Change$1,370,000
Oct 12, 2023•$303/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,450,000
Sep 19, 2023•$320/sqft•NWMLS as distributed by MLS GRID
Listing Removed—
May 12, 2023•Zillow Rentals
Price Change$1,995
May 1, 20230•Zillow Rentals
Price Change$2,095
Mar 14, 20230•Zillow Rentals
Listed For Rent$2,195
Feb 13, 20230•Zillow Rentals
Listing Removed—
Jun 17, 2022•Zillow Rental Manager
Price Change$2,095
May 19, 20220•Zillow Rental Manager
Price Change$2,295
May 13, 2022•$1/sqft•Zillow Rental Manager
Listed For Rent$2,350
Apr 3, 2022•$1/sqft•Zillow Rental Manager
Listing Removed$1,650
Jun 10, 20190•Zillow Rental Manager
Listed For Rent$1,650
Jun 3, 20190•Zillow Rental Manager
Sold$469,719
Apr 29, 2016•$104/sqft•Public Record
Sold$573,500
Dec 8, 2006•$127/sqft•Public Record
Sold$298,993
Jan 10, 2002•$66/sqft•Public Record
Tax history
13 years of records
YearTax paidAssessed value
Apr 7, 2024$13,744$1,148,700
Apr 7, 2023$11,992$1,022,400
Apr 7, 2022$11,526$1,033,000
Apr 7, 2021$10,707$854,500
Apr 7, 2019$6,265$523,300
Apr 7, 2018$15,173$482,900
Apr 7, 2017$5,848$444,600
Apr 7, 2016$5,054$314,600
Apr 7, 2014$5,054$287,600
Apr 7, 2013$4,739$270,500
Apr 7, 2012—$258,600
Apr 7, 2011—$316,200
Apr 7, 2010—$327,000
Nearby homes
Neighborhood details
Local context around this listing
University Place, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
984649846698467
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 04:23:27 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)
No obligation · Same-day response