3801 54th Street Court NW · Gig Harbor, WA 98335
Source: NWMLS · KW Greater Seattle · Everett Talvo #NWM2509011
About this home
Live for Less, Invest for More: Turnkey Gig Harbor Duplex! Exceptional investment or house-hacking opportunity in a prime Gig Harbor location just minutes from Hwy 16, shopping, and dining. This well-maintained corner-lot duplex features two spacious townhome-style units, each offering 2 bedrooms, 1.5 bathrooms, an attached garage, and a private fenced backyard with a patio. Unit 3801 is currently rented at $2,295/month, while unit 3803 is month-to-month at $1,750/month, presenting instant upside to raise rents or occupy. Tenants pay all utilities. Generate solid cash flow with a 6.2% cap rate (scaling to 7.1%) and let rental income offset your mortgage. A smart, strategic Pacific Northwest asset!
Location
Basics
- Property type
- Multi Family
- Style
- Duplex
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 1972
- Building area
- 2,232 sq ft
- Lot size
- 14,600 sq ft (0.34 acres)
- County
- Pierce
- MLS #
- NWM2509011
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Vinyl, Carpet
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Corner Lot, Paved
- View
- Territorial
- Waterfront
- No
Parking
- Parking spaces
- 10
- Garage
- 2
- Covered spaces
- 2
Utilities
- Water
- Public
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Gig Harbor
- Property tax
- $5,015 (2025)
Transaction
- Original list price
- $749,000 (8.5% price cut)
- Listed on
- Apr 21, 2026
- Days active
- 187
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2022-07-22
- Sold$699,000
Schools
School district: Peninsula
- Elementary
- Harbor Heights Elem
- Middle
- Goodman Mid
- High
- Gig Harbor HighSchoolDigger 4 stars · Top 11% in WA
Listing provided courtesy of: KW Greater Seattle
Listing agent: Everett Talvo.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-10-13.