214 Varner Ave SE, Unit 1 & 2

Orting, WA 98360

$689,000
Price
4
Beds
3
Baths
2,095 Sq. Ft.
$329 / Sq. Ft.
2,095
Sq. Ft.
$329
per Sq. Ft.

Description

Turnkey Investment Opportunity – Tenant-Occupied Duplex in Downtown Orting Investor alert! This well-maintained, tenant-occupied duplex in the heart of downtown Orting offers immediate rental income with long-term tenants already in place. Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, a living room, dining area, kitchen, laundry hookups, and covered parking. Situated close to parks, restaurants, and walking trails, this property is ideally located for consistent tenant demand. Bonus:...Turnkey Investment Opportunity – Tenant-Occupied Duplex in Downtown Orting Investor alert! This well-maintained, tenant-occupied duplex in the heart of downtown Orting offers immediate rental income with long-term tenants already in place. Each townhouse-style unit features 2 bedrooms, 1.5 bathrooms, a living room, dining area, kitchen, laundry hookups, and covered parking. Situated close to parks, restaurants, and walking trails, this property is ideally located for consistent tenant demand. Bonus: The identical duplex next door is also for sale and perfect for an owner-occupant or additional investment potential—buy one or both for a rare portfolio opportunity!
  1. Listed by Jim Clifford • Washington Realty Group
  2. Listed by Jason R. Clifford • SJC Management Group

Property Details for 214 Varner Avenue Southeast, Unit 1 & 2

Community Name
Orting
School District
Orting
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
04-24-2025
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Washington Realty Group; SJC Management Group
Add your commute
LISTING UPDATED: 04/29/2025 10:43 AM

Property Details for 214 Varner Avenue Southeast, Unit 1 & 2

StatusActive
MLS #2360564
Days on Market42
Cumulative Days on Market42
Taxes$4,990 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.34 AC / 15,000 SF
CountyPierce County

Building Information for 214 Varner Avenue Southeast, Unit 1 & 2

Stories2Residences2Year Built1990Building Size-Lot Size0.34 AC / 15,000 SF

Payment Calculator

$4,026 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,610

Property Taxes

$416

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 214 Varner Avenue Southeast, Unit 1 & 2

Summary
Location and General Information
  • Style: 52 - Duplex
  • Area: 114 - Orting
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: from 410, turn on 162 E / Orting Hwy E/ Valley Ave Towards Orting- Continue on 162 E, L on Bridge, L on Varner Ave SE
  • Leased Items: None
  • Property Sub Type: Multi Family
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2484
  • Power Company: PSE
  • Sewer Company: City of Orting
  • Water Company: City of Orting
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1999
  • Photos Count: 5
Lot Information
  • Lot Details: Alley
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 3670000773
  • Building Condition: Good
  • Calculated Square Footage: 2095
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2095.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Unit Number: 1 & 2
  • Vacancy Rate: 4
  • Number Of Units Total: 2
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10964
  • Gross Adjusted Income: 49708
  • Gross Rent Multiplier: 13.3
  • Gross Scheduled Income: $51,780
  • Insurance Expense: $1,090
  • Net Operating Income: $38,745
  • Other Expenses: $2,400
  • Total Monthly Income: 4315
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1050
  • Rent Unit 1: $2,180.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1050
  • Rent Unit 2: $2,135.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2095.0
  • Leasable Area Units: Square Feet

Property History for 214 Varner Avenue Southeast, Unit 1 & 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 214 Varner Avenue Southeast, Unit 1 & 2

This home is within Orting School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Orting Elementary School
PublicPK to 3

Ptarmigan Ridge Elementary School
PublicK to 5

Orting Middle School
Public6 to 8

Orting High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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214 Varner Avenue Southeast, Unit 1 & 2 is a multi-family home for sale in Orting, WA 98360. This property was listed for sale on April 24, 2025 by Washington Realty Group, it's currently listed at $689,000. This listing's school district is Orting School District. Nearby schools include Orting Elementary School, Ptarmigan Ridge Elementary School and Orting Middle School. 214 Varner Avenue Southeast, Unit 1 & 2 is a 4-bed, 3-bath, 2,095 sqft multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Washington Realty Group; SJC Management Group

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/05/2025 03:12 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.