University Place Homes with 56 - 10+ Units Style

Welcome to University Place, Washington—a vibrant community nestled in the heart of Pierce County, just a stone’s throw from the stunning shores of Puget Sound. This charming city is known for its picturesque landscapes, excellent schools, and a strong sense of community, making it an ideal place to call home.

University Place boasts a diverse range of housing options, particularly for those interested in larger properties. The area features homes with 56 to 10+ units, perfect for investors or those seeking multi-family living arrangements. These properties provide an excellent opportunity for rental income while allowing residents to enjoy the benefits of a thriving neighborhood. Imagine waking up to serene views, with parks and recreational facilities just a short walk away!

The city is home to several top-rated schools, making it a popular choice for families. With a strong emphasis on education, University Place offers various extracurricular activities and community events, fostering a close-knit atmosphere. The local parks, including the renowned Chambers Bay Park, provide ample opportunities for outdoor activities, from hiking and biking to picnicking and enjoying the breathtaking views of the Olympic Mountains.

In addition to its natural beauty, University Place is conveniently located near shopping centers, restaurants, and cultural attractions, ensuring that residents have everything they need within reach. Whether you’re looking to invest in a multi-family property or find a spacious home for your family, University Place offers an appealing blend of community spirit, convenience, and opportunity. Discover your perfect home in this delightful city today!

Newest University Place Homes with 56 - 10+ Units Style

$3,300,000

2524225 MLS ⋅ ACTIVE Status

Prestige Center is a well-located 19-unit mixed-use building with 10 apartments and 9 ground-floor commercial suites totaling ~15,400 SF on a 27,600 SF lot. The building sits on a corner lot just off Bridgeport Way — University Place's primary retail corridor — offering strong visibility, prominent storefront exposure, and 38 surface parking stalls at a 2.0/unit ratio. The residential component features five one-bedrooms averaging 700 SF and five two-bedrooms averaging 900 SF — generously sized for vintage product in the submarket. The commercial component consists of 9 suites ranging from 800 to 1,000 SF, 100% leased to established local operators.

7902 27th Street W, University Place

Listing courtesy of Northmarq Multifamily, LLC.

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