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7124 Artondale Drive Nw, 
Gig Harbor, WA 98335

$2,125,000


Bed


Bath


5,509

Sq Ft


Multi-Family

Active

Listed by

Erick Harpole

Keller Williams Realty Ps

Last updated:

August 13, 2025, 11:51 PM

MLS#

2418212

Source:

NWMLS

About This Home

7124 Artondale Drive Nw

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!

Home Facts

Multi-Family

Built in 1967

Price Summary

2,125,000

$385 per Sq. Ft.

MLS #:

2418212

Last Updated:

August 13, 2025, 11:51 PM


Rooms & Interior

Interior

Living Area:

5,509 Sq. Ft.


Structure

Structure

Building Area:

5,509 Sq. Ft.

Year Built:

1967


Lot

Lot Size (Sq. Ft):

43,173


Finances & Disclosures

Finances

Price:

$2,125,000

Price per Sq. Ft:

$385 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 18, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.

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