5503 51st Avenue Ct NW

Pending Inspection

<!--detailsPlatinumModern--><div id="IDX-detailsCourtesy" style="clear:both!important;display:block!important;padding:0.5rem 0!important;"><div id="IDX-detailsCourtesyLogo" style="display:inline-block!important;padding-right:0.5rem!important;vertical-align:middle!important;"><img src="https://s3.amazonaws.com/staticos.idxbroker.com/mls-logos/b045-logoURL2" alt="" /> The three tree logo represents a listing courtesy of NWMLS.</div>Pending Inspection Listing courtesy of PropertiesNW of Gig Harbor Ltd</div><div style="clear:both!important;"></div>

Fantastic duplex opportunity in a prime Gig Harbor location—close to shopping, dining, schools, and quick highway access. Unit 5503 (right) has been refreshed with new interior paint, LVP flooring, modern kitchen cabinets, quartz countertops, and island seating that opens into the light-filled main living area. Step outside to a generous stamped concrete patio perfect for outdoor dining and entertaining. Unit 5501 was updated in 2022. Live in one and rent the other, or add a desirable rental to your portfolio—versatile options in a high-demand market.

Based on information submitted to the MLS GRID as of Friday, October 31st, 2025 03:07:34 AM. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The mortgage calculator tool does not include real-market mortgage information, and is provided by Elm Street Technology for consumer convenience to approximate possible costs.

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Price:795,000
Address:5503 51st Avenue Ct NW
City:Gig Harbor
County:Pierce
State:Washington
Zip Code:98335
Subdivision:Wollochet
MLS:2449383
Year Built:1997
Square Feet:2,212
Acres:0.432
Lot Square Feet:0.432 acres
roof:Composition
view:Territorial
sewer:Septic Tank
offers:Seller intends to review offers upon receipt
capRate:6.36
cooling:None
country:US
heating:Wall Unit(s)
taxYear:2025
flooring:Laminate, Carpet
saleType:MLS
styleCode:52 - Duplex
highSchool:Gig Harbor High
possession:Closing, See Remarks, Subject to Tenant Rights
leasedItems:None
lotFeatures:Corner Lot, Dead End Street, Paved
possibleUse:Residential
socComments:Thank you!
waterSource:Public
leasableArea:2212
lotSizeUnits:Square Feet
mlsAreaMajor:6 - Gig Harbor South
onMarketDate:2025-10-29T00:00:00+00:00
parkingTotal:3
powerCompany:PenLight
sewerCompany:Septic
siteFeatures:Cabana/Gazebo, Cable TV, High Speed Internet, Patio, Propane
storiesTotal:2
titleCompany:Rainier Title
waterfrontYN:no
coveredSpaces:2
structureType:Duplex
totalExpenses:7232
cableConnected:Xfinity
elevationUnits:Feet
standardStatus:Pending
taxAnnualAmount:5432
unitsBelowGrade:false
bedroomsPossible:4
elementarySchool:Harbor Heights Elem
exteriorFeatures:Wood, Wood Products
insuranceExpense:1800
mlsLotSizeSource:Realist
sellerDisclosure:Provided
buildingAreaTotal:2212
buildingAreaUnits:Square Feet
foundationDetails:Poured Concrete
internetConnected:Xfinity
lotSizeSquareFeet:18814
openParkingSpaces:1
propertyCondition:Updated/Remodeled
highSchoolDistrict:Peninsula
netOperatingIncome:50365
numberOfUnitsTotal:2
totalMonthlyIncome:2400
yearBuiltEffective:2003
firstRightOfRefusal:no
grossAdjustedIncome:50365
grossRentMultiplier:13.8
powerProductionType:Electric
allowedUseCaseGroups:IDX
grossScheduledIncome:57600
middleOrJuniorSchool:Goodman Mid
unitsInBuildingTotal:2
parkingUncoveredSpaces:1
preliminaryTitleOrdered:yes
effectiveYearBuiltSource:Public Records
specialListingConditions:None
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