3801 124th Street NW, Gig Harbor, WA 98332

$749,000
2,632
SqFt

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Listing courtesy of Keller Williams Rlty Bellevue.

List Price
$749,000
Status
ACTIVE
MLS#
2572790
Days on Market
0
Style
52 - Duplex
Finished SqFt
2,632
Area Total SqFt
2632
Annual Tax Ammount
7084
Lot Size (sq ft)
18,527
Sewer
Septic Tank

Property Description

Peaceful Peacock Hill duplex offering the perfect blend of quiet retreat and city convenience. Located just minutes from Gig Harbor North and downtown Gig Harbor. Incredible flexibility for your real estate portfolio: rent both units for maximum cash flow, owner-occupy one side to live affordably, or use for multi-generational living. Each spacious unit features a functional layout with 2 bedrooms, 2 bathrooms, a flex room, and bright living and dining spaces with vaulted ceilings. Step outside to private patios perfect for morning coffee or relaxing evenings. Both sides are currently occupied on month-to-month leases, offering immediate income and flexibility.

Additional Information

List Date
2026-08-22 16:13:11
Community
Peacock Hill
Net Operating Income
$18,016
Gross Adjusted Income
$28,800
Gross Scheduled Income
$28,800
Insurance Expenses
$3,700
Gross Rent Multiplier
26
Total Expenses
$10,784
Cap Rate
2.4
Total Number of Units
2
Unit Name
3801
Potential Terms
Cash, Conventional, FHA
Year Built
1994
Roof
Composition
Site Features
Gas Available, Patio
Energy Source
Electric, Natural Gas
School District
Peninsula
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Peninsula High
Gross Scheduled Income
$28,800
Gross Adjusted Income
$28,800
Tax Year
2026
Insurance Expense
$3,700
Total Expenses
$10,784
Net Operating Income
$18,016
Gross Rent Multiplier
26
Cap Rate
2.4
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.
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