Listed by Jay Karlin • RE/MAX Northwest. Bought with Better Homes&Gardens McKenzie.
Off market feb 2025 for $1.1M
$1,296,658
Est. refi paymentEst. refi$6,933/mo
—
bd
•
— ba
•
3,000
sq ft
4402 4408 4416 Rosedale St NW, Gig Harbor, WA 98335
About this home
Great Gig Harbor 4-Plex & vacant lot w/ approved building plans ready to bolster your portfolio! Current units aregenerating at a 6.0% cap rate, while the vacant parcels have been merged into one lot & approved for a 6 unit project to bebuilt. This four-plex includes four 2-bed / 1 bath units, complete with private decks & parking! Building plans for thevacant lot include a duplex & four townhomes, set up to be condominiums - the choice to hold or sell when complete isyours. Central location provides ample access to all that Downtown Gig Harbor has to offer, along with simple access toWA-16, waterfront shopping & dining, and great local schools!
Multi-familyProperty Type
1979Year Built
1.89 acresLot Size
$432Est. Price/Sq.Ft.
8 spacesParking
Listed by Jay Karlin• RE/MAX Northwest
Bought with Cindi Johnston• Better Homes&Gardens McKenzie
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
1
Lot width
—
Lot depth
—
Lot size
0.67 Acres
Year renovated
2003
Sq. Ft.
3,000
Year built
1979
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
0221071134
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
R-2
Medium-Density Residential District
An R-2 district is intended to allow for a moderate density of land use that is greater than is permitted in an R-1 district but less than is permitted in an R-3 district, where suitable facilities such as streets, water, sewer and storm drainage are available. An R-2 district provides a transition between a higher density residential district in order to preserve the primarily residential character of existing lower density residential areas.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 8
Open Parking Spaces: 8
Has Open Parking
Interior
Virtual Tour
Heating & Cooling
Has Heating
Heating Information: Baseboard
Cooling Information: None
Interior Features
Interior Features: Laminate Tile, Wall to Wall Carpet
Flooring: Laminate, Vinyl, Carpet
Multi-Family Financial Information
Insurance Expense: $2,715
Other Expense: $13,575
Net Operating Income: $54,930
Gross Adjusted Income: 81600
Gross Scheduled Income: $81,600
Total Monthly Income: 6800
Gross Rent Multiplier: 12.25
Total Expenses: 26670
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 4
# of Units (Total): 4
Unit Type 1 Information
Unit Name: 1
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 750
Actual Rent: $1,700
Unit Type 2 Information
Unit Name: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 750
Actual Rent: $1,700
Unit Type 3 Information
Unit Name: 3
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 750
Actual Rent: $1,700
Unit Type 4 Information
Unit Name: 4
Fireplaces: 0
Range/Oven: true
Washer/Dryer: true
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 750
Actual Rent: $1,700
Exterior
Building Information
Construction Materials: Cement Plank
Roof: Composition
Exterior Features
Exterior Features: Cement Planked
Property Information
Energy Source: Electric
Style Code: 54 - 4-Plex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Good
Has View
Land Information
Possible Use: Residential
Lot Information
MLS Lot Size Source: Assessor
Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet
Zoning Jurisdiction: City
Lot Features: Value In Land
Lot Size Units: Square Feet
Lot Size Acres: 1.8859
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $6,881
Tax Year: 2023
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: City of Gig Harbor
Power Company: Peninsula Light Company
Sewer: Sewer Connected
Sewer Company: City of Gig Harbor
Water Sewer Garbage: 3499
Location
School Information
High School District: Peninsula
Location Information
Directions: GPS Friendly; From WA-16 - exit to Pioneer Way toward Downtown Gig Harbor; cont. Straight through light onto Stinson; turn Left on Rosedale St NW; property on the Left;
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,000
Stories: 1.0
Lot Size: 0.67 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1979
Year Renovated: 2003
County: Pierce County
APN: 0221071134
Home facts updated by county records on Sep 21, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2.5%
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Tuesday, December 10, 2024
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 3000
MLS Square Footage Source: Assessor
Building Area Total: 3000
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 2003
Effective Year Built Source: Public Records
Structure Type: Quadruplex
Stories Total: 1
Security Features: Fully Fenced
Around this home
Schools
Discovery Elementary School
Public K-5 • Assigned • 0.4mi
9/10
Goodman Middle School
Public 6-8 • Assigned • 2.7mi
7/10
Gig Harbor High School
Public 9-12 • Assigned • 0.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 87° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
18 unhealthy days expected this year, 28 days in 30 years
Provided by First Street
Historical weather
Gig Harbor, WA • 98335
Average low and high temperatures (°F)
48
39
48
39
54
42
62
44
67
49
73
54
78
56
78
59
73
55
61
49
52
45
49
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.23M – $1.49M
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