Sold367d on market
5720 62nd Street W
University Place, WA, 98467 • 98467 • Pierce County
$653,000
$306/sqft
5Beds
3Baths
2,132Sqft
0.47 acLot
1962Built
Property DNA
University Place
98467
Market activity
Demand and pricing signals for this listing
6 views
People checking out this listing
367 days on market
Established listing
$306/sqft
Price per square foot
About this home
Multi Family · Built 1962
Here’s a unique opportunity to own a versatile investment property in the heart of University Place, set on a generous 1/2-acre lot! Perfect for a modern-day house hack or traditional rental investment, this property features both a duplex and a single-family home. Each unit in the duplex offers 2 bedrooms, 1 bath, and approximately 768 sq. ft. of living space, while the single-family home includes 1 bedroom, 1 bath, and approximately 596 sq. ft. Enjoy a prime location near recreation areas, parks, freeways, schools, and shopping, making this property highly attractive to potential renters.
Estimated monthly payment
Based on current rates
$4,049/month
Principal & Interest$3,179
Property Tax$653
Insurance$218
Down payment20% ($130,600)
3%50%
Est. 6.14% rate · 30yr fixed · $522,400 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1962
HeatingBaseboard, Electric
CoolingNone
Parking3 Covered Parking spaces
Offer Review Date2024-11-14
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1962
Systems
HeatingBaseboard, Electric
CoolingNone
RoofComposition
ConstructionMetal/Vinyl, Wood Products
Water / SewerPublic, Company: TPU / Septic Tank, Company: Septic
Parking & Outdoor
Lot0.47 Acres
Location & Tax
Neighborhood98467
Annual tax$6,944
Parcel0220234079
Features & details
5 categories of property features
Interior Features
Flooring
Vinyl
Carpet
Heating
Baseboard
Electric
Cooling
None
Exterior Features
Construction
Metal/Vinyl
Wood Products
Lot Features
Paved
Listing insights
Market data and value estimates
StatusSold
Days on market367
Est. value$723,800
Est. rent$2,426/mo
Tax rate0.88%
Price/sqft$306
On marketMay 2, 2025
PostedNov 12, 2024
Last sold$653,000
MLS statusSold
MLS updatedMay 5, 2025
Tour days6
Views6
How are the schools in University Place?
3 schools rated nearby
Location
University Place, WA, 98467
Price history
5 events
DateEventPrice$/sqftSource
Apr 4, 2025Sold$653,000$306NWMLS as distributed by MLS GRID
Nov 15, 2024Pending Sale$525,000$246NWMLS as distributed by MLS GRID
Nov 12, 2024Listed For Sale$525,000$246NWMLS as distributed by MLS GRID
Jul 14, 2017Listing Removed$800—Zillow Rental Network
Jul 12, 2017Listed For Rent$800—Zillow Rental Network
Sold$653,000
Apr 4, 2025•$306/sqft•NWMLS as distributed by MLS GRID
Pending Sale$525,000
Nov 15, 2024•$246/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$525,000
Nov 12, 2024•$246/sqft•NWMLS as distributed by MLS GRID
Listing Removed$800
Jul 14, 20170•Zillow Rental Network
Listed For Rent$800
Jul 12, 20170•Zillow Rental Network
Tax history
13 years of records
YearTax paidAssessed value
Apr 7, 2024$7,071$553,400
Apr 7, 2023$6,944$547,400
Apr 7, 2022$6,389$551,400
Apr 7, 2021$6,087$459,300
Apr 7, 2019$4,854$355,400
Apr 7, 2018$4,967$339,700
Apr 7, 2017$4,659$289,700
Apr 7, 2016$4,182$227,000
Apr 7, 2014$4,182$216,900
Apr 7, 2013$4,052$209,200
Apr 7, 2012—$202,500
Apr 7, 2011—$247,200
Apr 7, 2010—$247,500
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 11:53:37 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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