8520 32nd Street W, University Place, Washington 98466

WA, University Place
$849,950
  • 3,180 Sqft
  • Residential Income Property Type
  • 1955 Year Built
  • Canceled Status
Property Description

$50K Price Improvement! First time on the market, this one-owner property in desirable University Place is a prime investment opportunity. Set on a spacious .70-acre lot, the main home offers excellent potential for updates that boost long-term value. Inside, a versatile floorplan allows you to reimagine, expand, or refresh to fit your vision. A rare find in the area features a detached dwelling unit creates options for rental income, multi-generational living, or a private office. Investors will value the mix of land, location, and income-producing potential. Enjoy a well-established neighborhood with lasting appeal while maximizing upside through growth, multiple uses, and strong demand. Close to UP schools, parks, and shopping.

Source: NWMLS
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 2424165
  • Price: $849,950
  • Square Footage: 3,180 Sqft
  • Year Built: 1955
  • Lot Area: 0.70 Acre
  • Status: Canceled
  • Office Name: Best Choice Realty LLC
  • Agent Name: Candice Frazier
  • Property Sub Type: Multi Family
  • Roof: Composition
Features
  • Heating System Forced Air, Baseboard
  • Cooling System Forced Air
  • Parking RV Parking
  • Exterior Features Wood, Wood Products
  • Flooring Ceramic Tile, Hardwood, Carpet, Vinyl Plank, Concrete
  • Sewer Sewer Connected
Address Map
  • Country US
  • State WA
  • County Pierce
  • City University Place
  • Zipcode 98466
  • Street: 32nd
  • Street Number: 8520
  • Street Suffix: Street
  • Longitude: W123° 26' 55.1''
  • Latitude: N47° 13' 49.8''
  • Directions: From I-5:Take Exit 133 to WA-16 W toward Gig Harbor. Exit at Grandview Dr W (Exit 3), turn left. Turn right on 32nd St W.Home is ahead at dead end on the right "Pottery Wheel"
  • Mls Area Major: 32 - University Place
  • Street Dir Suffix: W
Neighborhood
  • Elementary School: University Pl Primar
  • High School: Curtis Snr High
  • High School District: University Place
  • Middle School: Narrows View Interme
Additional Information
  • Water Source: Public
  • Virtual Tour: Virtual Tour
  • Stories Total: 1
  • Possible Use: Multi-Family,Residential
  • On Market Date: 2025-08-07
  • Number Of Units Total: 2
  • Lot Features: Dead End Street, Paved
  • Foundation Details: Poured Concrete
  • Construction Materials: Wood
Financial
  • Tax Annual Amount: 2687
Listing Information
  • Co List Agent Full Name: Kristina Loper
  • Co List Agent Mls Id: 102494
  • Co List Office Mls Id: 7293
  • Co List Office Name: Best Choice Realty LLC
  • List Agent Mls Id: 106489
  • List Office Mls Id: 2735
  • Listing Term: Cash Out,Conventional,FHA,State Bond,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2025-10-09T14:49:12Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-10-02T00:49:51Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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