$3,300,000
Est. $16,652/mo7902 27th Street W, University Place, WA 98466
• Listed 2026-05-14•6 days on market
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Based on information submitted to the MLS GRID as of June 2, 2026 at 09:28am (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.
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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.
Listed by Steve Fischer • Northmarq Multifamily, LLC
Listing updated: June 2, 2026 at 09:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524225
Open houses
No upcoming open houses scheduled for this property.
$390,000
-$2,910,000 under list price
Nearby comparable homes
RexMont uses 1 strongest recent nearby sale, priced between $390K and $390K.1 outlier sale was excluded from this snapshot.
Rental earnings
$1,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
7902 27th Street W, University Place, WA 98466
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.
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University Place is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$645,000 Sold
5 weeks ago
4 bd•3 ba•~2,410 sq ft•Single Family
3728 70th Avenue Ct W, University Place, WA 98466
7%
Under list
—
Days on market
1.0 mi
Distance
$490,000 Sold
6 weeks ago
2 bd•1 ba•~1,096 sq ft•Single Family
2520 Mtn View Avenue W, University Place, WA 98466
8%
Over list
—
Days on market
0.1 mi
Distance
$625,000 Sold
7 weeks ago
4 bd•1.5 ba•~1,500 sq ft•Single Family
2520 Locust Avenue W, University Place, WA 98466
2%
Over list
—
Days on market
0.1 mi
Distance
$506,000 Sold
2 months ago
3 bd•1 ba•~930 sq ft•Single Family
7410 22nd Street W, Tacoma, WA 98466
7%
Over list
—
Days on market
0.5 mi
Distance
$750,000 Sold
3 months ago
4 bd•2 ba•~2,316 sq ft•Single Family
8208 24th Street Court W, University Place, WA 98466
0%
Over list
—
Days on market
0.3 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 Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
