7124 Artondale Drive Nw, Gig Harbor, WA 98335

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
#1#2#3
Listed by:erick harpole
Office:keller williams realty ps
MLS#:2418212
Source:NWMLS
7124 Artondale Drive Nw,Gig Harbor, WA 98335
$2,125,000
  • - Beds
  • - Baths
  • 5,509 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,125,000
  • Price per sq. ft.:$385.73

About this home

Once in a lifetime opportunity to own a turnkey 7-plex in the heart of Artondale, Gig Harbor. Pride of ownership is clear as it has been meticulously maintained over the years. The property could continue as a 7-plex or be an Airbnb or partially owner occupied. Current 5.3% cap rate with potential to be closer to 6% through rent optimization / short-term rental. Property has stable long-term tenants with recent improvements including updated roofs, exterior paint, and well systems. Three buildings with 2 duplexes & a triplex offer a diverse unit mix. Excellent location in an area with limited multi-family inventory. Perfect for investors seeking turnkey cash flow property or to complete a 1031 exchange. Don't miss this rare Gig Harbor gem!

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Home facts

  • Year built:1967
  • Listing Id #:2418212
  • Updated:August 13, 2025 at 11:51 PM

Rooms and interior

  • Living area:5,509 sq. ft.

Heating and cooling

  • Heating:Baseboard, Forced Air, Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1967
  • Building area:5,509 sq. ft.
  • Lot area:0.99 Acres

Schools

  • High school:Gig Harbor High
  • Middle school:Kopachuck Mid
  • Elementary school:Artondale Elem

Utilities

  • Water:Shared Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,125,000
  • Price per sq. ft.:$385.73
  • Tax amount:$10,344 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 14, 2025. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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