7902 27th Street W University Place, WA 98466
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Northmarq Multifamily, LLC

  7902 27th Street W University Place, WA 98466

Active (60 Days)
$3,300,000 (USD)
15,400
SQFT

Description

Prestige Center is a well-located 19-unit mixed-use building with 10 apartments and 9 ground-floor commercial suites totaling ~15,400 SF on a 27,600 SF lot. The building sits on a corner lot just off Bridgeport Way — University Place's primary retail corridor — offering strong visibility, prominent storefront exposure, and 38 surface parking stalls at a 2.0/unit ratio. The residential component features five one-bedrooms averaging 700 SF and five two-bedrooms averaging 900 SF — generously sized for vintage product in the submarket. The commercial component consists of 9 suites ranging from 800 to 1,000 SF, 100% leased to established local operators.

MLS #:
2524225
Taxes
$35,148(2026)
Lot Size
0.63 acres
Type
Multifamily
Year Built
1961
Style
10+ Units
School District
University Place
County
Pierce County
Community
University Place

Listed By

Steve Fischer, Northmarq Multifamily, LLC
Source
Northwest MLS
Last checked Jul 13 2026 at 12:42 PM GMT+0000
Bathroom Details
Subdivision
  • University Place
Lot Information
  • Corner Lot
  • Sidewalk
  • Paved
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
  • Foundation: Slab
Heating and Cooling
  • Forced Air
Flooring
  • Carpet
  • Vinyl Plank
Exterior Features
  • Brick
  • Stucco
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 7/13/2026 12:42. 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.