<!--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 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.
The three tree logo represents a listing courtesy of NWMLS.Data services provided by IDX Broker
View full listing details | Price: | 795,000 |
| Address: | 5503 51st Avenue Ct NW |
| City: | Gig Harbor |
| County: | Pierce |
| State: | Washington |
| Subdivision: | Wollochet |
| MLS: | 2449383 |
| Square Feet: | 2,212 |
| Acres: | 0.432 |
| Lot Square Feet: | 0.432 acres |
| offers: | Seller intends to review offers upon receipt |
| capRate: | 6.36 |
| taxYear: | 2025 |
| saleType: | MLS |
| styleCode: | 52 - Duplex |
| highSchool: | Gig Harbor High |
| possession: | Closing, See Remarks, Subject to Tenant Rights |
| leasedItems: | None |
| possibleUse: | Residential |
| showMapLink: | yes |
| socComments: | Thank you! |
| leasableArea: | 2212 |
| lotSizeUnits: | Square Feet |
| onMarketDate: | 2025-10-29T00:00:00+00:00 |
| powerCompany: | PenLight |
| sewerCompany: | Septic |
| siteFeatures: | Cabana/Gazebo, Cable TV, High Speed Internet, Patio, Propane |
| titleCompany: | Rainier Title |
| coveredSpaces: | 2 |
| structureType: | Duplex |
| totalExpenses: | 7232 |
| cableConnected: | Xfinity |
| elevationUnits: | Feet |
| taxAnnualAmount: | 5432 |
| unitsBelowGrade: | false |
| bedroomsPossible: | 4 |
| elementarySchool: | Harbor Heights Elem |
| insuranceExpense: | 1800 |
| mlsLotSizeSource: | Realist |
| sellerDisclosure: | Provided |
| buildingAreaTotal: | 2212 |
| buildingAreaUnits: | Square Feet |
| internetConnected: | Xfinity |
| openParkingSpaces: | 1 |
| propertyCondition: | Updated/Remodeled |
| netOperatingIncome: | 50365 |
| 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 |
