8520 32nd Street W, University Place, WA 98466 (MLS # 2418558)
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First time on the market! This one-owner property in desirable University Place presents a prime investment opportunity. Situated on a spacious .70-acre lot, the main home holds strong potential for updates that can boost long-term value. Inside, a versatile floorplan offers room to reimagine, expand, or refresh to suit your needs. The rare detached dwelling unit provides excellent options for rental income, multi-generational living, or a private workspace. Investors will appreciate the combination of land, location, and income-producing potential. Enjoy a well-established neighborhood with lasting appeal, while maximizing upside through future growth, multiple uses, and strong demand. Located near top-rated UP schools, parks and shopping.
| LAST UPDATED | 8/7/2025 | TRACT | University Place |
|---|---|---|---|
| YEAR BUILT | 1955 | COMMUNITY | University Place |
| GARAGE SPACES | 2.0 | COUNTY | Pierce |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| Elementary School | University Pl Primar |
|---|---|
| Jr. High School | Narrows View Interme |
| High School | Curtis Snr High |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| APPLIANCES | Dryer, Refrigerator, Washer |
| AREA | 32 - University Place |
| BASEMENT | Partially Finished, Yes |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Garden |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Forced Air, Oil |
| INTERIOR | Dining Room, Fireplace |
| LOT | 0.7 acre(s) |
| LOT DESCRIPTION | Dead End Street, Paved |
| MLS STATUS | Active |
| PARKING | Detached, RV Access/Parking |
| STORIES | 1 |
| STYLE | 16 - 1 Story w/Bsmnt. |
| SUBDIVISION | University Place |
| TAXES | 2687 |
| UTILITIES | Sewer Connected |
| WATER | Public |
TOTAL MONTHLY PAYMENT
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/13/25 2:11 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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