James & Angie Smith

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Listing provided courtesy of TS Property ManagementNWMLSas Distributed by MLSGrid- MLS# NWM2502777MLS Provider

3119 Bridgeport Way WUniversity Place, WA 98466

Multi-Family · 4 Beds · 2,330 Sq. ft. | 0.26 Acres
$750,000 Active

3119 Bridgeport Way W Overview

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Great investment opportunity in University Place. This property comprises three units, designed to cater to a range of tenants—from cozy studios to a spacious 4-bedroom home. The interiors have been recently upgraded with LVP flooring, appliances, and in-unit washer/dryers. Below market rents offer room for growth. Whether you’re a seasoned investor or just starting out, this property presents an excellent opportunity to grow your portfolio. Act now and secure your foothold in this thriving market!

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3119 Bridgeport Way W Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,330
  • Price/Sq.ft. $322
  • Lot 0.26 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: University Place
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 55740
  • Insurance Expense: 1246
  • Net Operating Income: 43851
  • Total Expenses: 11889
  • Total Monthly Income: 4645
  • Water/Sewer/Garbage: 3467

Building Information

  • New Construction: No
  • Year Built: 1945

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 33 - University Place
  • Subdivision Name: University Place

Tax Information

  • Tax Annual Amount: $7,176.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA
  • Parcel Number: 0220108025
  • Property Condition: Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2330
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2330
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2330
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 10
  • Parking Uncovered Total: 10

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Open Space
  • Lot Size Acres: 0.26
  • Lot Size Square Feet: 11325
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially, High Speed Internet, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Triplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Metal/Vinyl, Wood Products
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1095
  • Beds Total: 0
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1100
  • Beds Total: 0
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2450
  • Beds Total: 4
  • Baths Total: 1

3119 Bridgeport Way W Neighborhood

Community

98466 (Fircrest) Demographics

37
Median Age
4,327
Population Density (per sq. mile)
50%
College Educated
$74,179
Estimated Median Income
6,338
Estimated Total Home Owners
5,586
Estimated Total Renters
53% / 47%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3119 Bridgeport Way W Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3119 Bridgeport Way W Market Data

Based on the last 30 days in this zip code

$698,341
Average List Price
$332
Average Price per Square Foot
24
Properties Sold
60
Average Days on Market
90
Properties for Sale
Calculations provided by Reliance Network

3119 Bridgeport Way W History

Date Event Value Agent
4/6/2026Source: NWMLS Added to Database
April 06, 2026