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  • Listed by: 

    Erick Harpole,

    Keller Williams Realty PS

    $2,125,000

    7124 Artondale Drive NW, Gig Harbor, WA 98335

    12beds
    8baths
    5,509sqft
    : 
    Multi Family
    Built in 1967
    -- sqft lot
    $2,032,200 Zestimate®
    $386/sqft
    $-- HOA

    What's special

    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!
    17 days
    on Zillow
    |
    578
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2025 at 10:14am

    Listed by:

    Erick Harpole,

    Keller Williams Realty PS

    Source: NWMLS,MLS#: 2418212MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 7124 Artondale Drive NW.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 8
    Heating
    • Baseboard, Forced Air, Wall Unit(s), Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 5,509
    • Total interior livable area: 5,509 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Open
    • Carport spaces: 1
    • Covered spaces: 2
    • Uncovered spaces: 17
    Lot
    • Size: 0.99 Acres
    Details
    • Parcel number: 0121144099
    • Zoning description: Multi-Family,Jurisdiction: County
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Good
    • Year built: 1967
    • Major remodel year: 1988

    Utilities & green energy

    • Electric: Company: Peninsula Light
    • Sewer: Septic Tank
    • Water: Shared Well

    Community & HOA

    Community
    • Subdivision: Artondale
    Location
    • Region: Gig Harbor

    Financial & listing details

    • Price per square foot: $386/sqft
    • Annual tax amount: $10,344
    • Date on market: 8/12/2025
    • Cumulative days on market: 18 days
    • Listing terms: Cash Out,Conventional
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