7124 Artondale Drive NW

Gig Harbor, WA 98335

  • Bed

  • Bath

  • 5509 SqFt

  • 1 DOM

  • Built: 1967

  • Status: Active

$2,125,000

X

7124 Artondale Drive NW

Gig Harbor 98335

$2125000

  • Bed

  • Bath

  • 5509 SqFt

  • 1 DOM

  • Built: 1967

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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!

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Residence Information

  • 5509

  • Composition

  • 55 - 5-9 Units

  • 1967

Features and Utilities

  • Wood Products

  • Shared Well

  • Septic Tank

  • 0

Financial

  • 10344.22

  • Cash Out, Conventional

  • 08-13-2025

Comparable Information

  • 1

  • 1

  • Cash Out, Conventional

  • $2,125,000

  • $2,125,000

  • Aug 13, 2025 22:45

Schools

Elementary : Artondale Elem N/A Ratings
Middle : Kopachuck Mid N/A Ratings
High : Gig Harbor High N/A Ratings

Map

Listing courtesy of Keller Williams Realty PS.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Aug 14, 2025 16:07 | Listing last modified Aug 13, 2025 22:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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