Listing Provided Courtesy Of:
Keller Williams Seattle Metro

$325,000 507 Grinnell Ave Sw Orting, WA

MLS: 918541   Type: Multi-Family   County: Pierce   City: Orting   Neighborhood: Orting   Zip: 98360   Style: 4-Plex     Stories: 1   Taxes: $3,381

Mortgage $1,526 /mo



Half Baths

Sqr Footage









4-PLEX: Rare opportunity; very well maintained and fully-occupied with long-term tenants. Currently at a 7% Cap Rate. Rents are currently below market, creating lots of value-add potential. Unit count consists of (2) 2bed/1bath units and (2) 1bed/1bath; two have been recently remodeled. Newer windows, siding and roof; coin-op laundry. Detached storage units; sits on .33 Acre lot with potential to build additional structure(s).

Elementary School

Middle School

High School

Orting Primary Sch
Distance: N/A Miles
Orting Mid
Distance: 1.05 Miles
Orting High
Distance: 0.81 Miles

Price History

4/8/2016 Listed $360,000
4/28/2016 3% - $350,000
6/16/2016 2% - $345,000
7/19/2016 2% - $339,000
10/5/2016 3% - $330,000
10/27/2016 2% - $325,000

Community Name Orting
Energy Source Electric
Heating and Cooling Baseboard
Home Owner Dues 0
School District ORT
Site Features Cable TV, Outbuildings
Water / Sewer / Garbage 3600
Year Built 1969

Interior Features

3/4 Bathroom(s) 0
Bathrooms 0.0
Bedrooms 0.0
Full Baths Total 0
Half Baths Total 0

Exterior Features

Exterior Features Brick
Foundation Poured Concrete
Number of Garage Spaces 0
Number of Uncovered Spaces 0
Roof Composition
Style 4-Plex
Total Number of Parking Spaces 8

Property Schools

Direct Link:

Gallery (9 photos)

Listing Provided Courtesy Of:
Keller Williams Seattle Metro

Ask Your Agent a Question

Property vs Zip Code Avg (98360)

Price 325K Avg 291K

Sqr Feet 2,600 Avg 2,093

Cost / Sqr Ft $125 Avg $139

Taxes $3,381 Avg $3,023

Acres 0.33 Avg 0.31

Visits 243 Avg 111

Days on Site 246 Avg 143

Walkscore® 47 Avg 48

Ask How to Finance this Property

Download Our Mobile App

Download Millions Mapped

Listing Provided Courtesy Of: Keller Williams Seattle Metro

Back to Search

Find Your Home's Value Instantly

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Burger Professionals
2607 Martin Way E.
Olympia, WA