8306 94th Street NW Unit #A & B, Gig Harbor, WA 98332

$725,000
1,728
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of PropertiesNW of Gig Harbor Ltd.

List Price
$725,000
Status
ACTIVE
MLS#
2576337
Days on Market
0
Style
52 - Duplex
Finished SqFt
1,728
Area Total SqFt
1728
Annual Tax Ammount
5771.35
Lot Size (sq ft)
43,560
Sewer
Septic Tank

Property Description

Two homes, one acre and endless flexibility. This fully remodeled, single-level duplex offers the rare opportunity to live in one side and rent the other, create a multigenerational setup or add a turnkey property to your investment portfolio. Each 2-bedroom, 1-bath unit is bright and beautifully finished, with dramatic floor-to-ceiling windows that bring the outdoors in, white shaker cabinetry, stone countertops, stainless steel appliances, LVP flooring, LED recessed lighting and large decks for outdoor living. Unit A features A/C and a walk-in primary bedroom closet. Unit B includes custom closet built-ins and a gorgeous remodeled bathroom with heated floors and an oversized shower. Thoughtfully designed and completely dialed in, these units make exceptional use of their footprint—and the quality shows in the rental potential, with one unit commanding $2,500/month. Live in one and let the other help offset your housing costs, or keep both as a turnkey investment. Outside, the usable one-acre property offers the kind of space that's increasingly hard to find. A circular driveway provides easy access and plenty of parking for an RV, boat and other toys. The two-car carport includes storage and an EV charger, while a 21' x 11' concrete pad out back is ready for a shed, workshop or future outbuilding. All of this just minutes to Gig Harbor amenities, Highway 16 and beautiful Sehmel Park. Turnkey living, income potential and an acre of breathing room—all in one property.

Additional Information

List Date
2026-09-02 00:28:11
Community
Rosedale
Net Operating Income
$47,588
Gross Adjusted Income
$55,860
Gross Scheduled Income
$58,800
Total Monthly Income
$4,900
Insurance Expenses
$2,500
Gross Rent Multiplier
12.3
Total Expenses
$8,271
Cap Rate
6.5600000000000005
Vacancy Rate
5
Total Number of Units
2
Unit Name
8306
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Outbuildings, RV Parking
Energy Source
Electric
School District
Peninsula
Elementary School
Voyager Elem
Middle School
Kopachuck Mid
High School
Gig Harbor High
Total Monthly Income
$4,900
Gross Scheduled Income
$58,800
Vacancy Rate
5
Gross Adjusted Income
$55,860
Tax Year
2026
Insurance Expense
$2,500
Total Expenses
$8,271
Net Operating Income
$47,588
Gross Rent Multiplier
12.3
Cap Rate
6.5600000000000005
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 is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks