$700,000
Est. $3,794/moPrice reduced $35,000 from the original $735,000 asking price
500 sq ft
4117 Key Peninsula Highway SW, Longbranch, WA 98351
• Listed May 14, 2026•185 days active · 185 cumulative
Listing Broker: HomeSmart Real Estate Assoc; Karen Call; 253-514-6023; karcall@gmail.com
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Listing Broker: HomeSmart Real Estate Assoc; Karen Call; 253-514-6023; karcall@gmail.com
About this home
Established Longbranch self-storage facility and business on fully fenced 1/2 acre looking for new owners. Included is an approximately 3924 square foot mini warehouse storage builiding with 25 rental units of eleven 5 x 10's, seven 5x12, two 4 x 10, two 5 x 16, two 5 x 5 and one 6 x 10, 10 garages and 4 double garages. There are also 12 cargo containers and a 2 bed, 3/4 bath 750 sf cottage with double paned windows, tile entry, vinyl planked flooring, full kitchen, laundry area with washer and dryer, covered porch and fenced yard with apple and pear trees, ideal for live-on-site caretaker or rent out separately for additional income. There are 6 parking spots that also can be rented. Security system with 7 cameras and 2 monitors included in the transfer. Facilitate smooth tenant consultations in the new hickory shed outbuilding, added in 2024 with propane heating and a durable metal roof. Improvements to cabin include a new composition roof installed April 2026, new drainfield, fixtures, poured foundation and back patio. Roll out torch roof installed on storage building 2023. Fresh gravel just laid and leveled. Storage building is unheated. Serviced by an onsite septic system and a private well. Many storage unit customers are long term.
Listed by Karen Call • HomeSmart Real Estate Assoc
Listing updated: October 16, 2026 at 09:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2520549
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
4117 Key Peninsula Highway SW, Longbranch, WA 98351
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Comm Bldg Und 10K
Accessory dwelling unit
- 1 accessory dwelling unit (detached dwelling)
- 500 sq ft
Flooring
- Ceramic Tile
- Concrete
Heating & cooling
- Wall Furnace heating
Schools
Ratings via SchoolDigger- Evergreen ElementaryPublic · Grades PK-5 · 1.6 mi · State rank 308 of 1,1388/10
- Key Peninsula Middle SchoolPublic · Grades 6-8 · 6.1 mi · State rank 230 of 5146/10
- Steilacoom HighPublic · Grades 9-12 · 9.0 mi · State rank 49 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Building square feet
- 1,920 sq ft
- Office square feet
- 100 sq ft
- Warehouse / manufacturing square feet
- 3,924 sq ft
- Ceiling height
- 10
- Loading
- 4-6 Bays
- Expansion area
- false
- Year built
- 1930
- Environmental survey
- No
Parking & site
- Parking spaces
- 6
- Uncovered parking
- 6
- Acres
- 0.51 acres
- Lot square feet
- 22,100 sq ft
- Zoning jurisdiction
- County
Income & lease
- Gross scheduled income
- $60,000
- Net operating income
- $47,038
- Cap rate
- 6%
- Total expenses
- $12,962
Taxes & terms
- Annual taxes
- $3,718
- Tax year
- 2025
- Financing
- Cash, Conventional, Owner Will Carry
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 4117 Key Peninsula Highway SW
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 17, 2026Price reducedNWMLS via MLS Grid · #2520549$700,000$1,400/sq ft
- May 8, 2026ListedNWMLS via MLS Grid · #2520549$735,000$1,470/sq ft
- Jul 11, 2007SoldNWMLS via MLS Grid · #27040857$310,000$620/sq ft
- Apr 10, 2007PendingNWMLS via MLS Grid · #27040857$319,000$638/sq ft
- Mar 13, 2007ListedNWMLS via MLS Grid · #27040857$319,000$638/sq ft
- Jun 2, 2005SoldNWMLS via MLS Grid · #25038157$295,000$590/sq ft
Down payment assistance
6 programs may be available to provide you with up to $35,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$4,279 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: HomeSmart Real Estate Assoc; Karen Call; 253-514-6023; karcall@gmail.com
Market pulse
Longbranch is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 184 days.
Recent sales nearby
Within 1 mile · last 6 months$349,950 Sold
3 months ago
1 bd•1 ba•~756 sq ft•Single Family
4803 165th Avenue SW, Longbranch, WA 98351
0%
Over list
168
Days on market
0.4 mi
Distance
$270,000 Sold
4 months ago
3 bd•2 ba•~3,100 sq ft•Single Family
3917 Key Peninsula Highway SW, Longbranch, WA 98351
0%
Over list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 11:29 AM PT (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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