About Home value Property history Market statistics Schools Neighborhood Places of interest

216 Varner Ave SE #1 & 2, Orting, WA 98360

$600,000
Last sold 09/30/2025 after 159 Days
—
bed
—
bath
2,095
Sqft ($286/Sqft)

House not for sale

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About 216 Varner Ave SE #1 & 2

Property type House

Neighborhood

Year built 1990

HOA fee $0/month

Lot size 0.34 Acre

Movoto estimate

Property description

Townhouse-Style Duplex in Prime Downtown Orting Location. Excellent opportunity for investors or owner-occupants, with one of the units move-in ready! This well-kept duplex offers two spacious 2-bedroom, 1.5-bath units in a desirable townhouse-style layout. Each unit features durable LVP flooring on the main level, a comfortable living room, dining area, kitchen, laundry room with hookups, and a covered parking space. Located in the heart of downtown Orting, just minutes from parks, restaurants, and scenic walking trails. Bonus: The identical duplex next door is also available—purchase both to maximize rental income or enjoy flexible living options!

Listed by

Listing Agent - Jim Clifford

Listing Office - Washington Realty Group

Source: NWMLS

MLS#2360563 • last updated 9 months ago

Movoto checked NWMLS for data 18 minutes ago

Overview
Cooling/AC	None
Heating	Wall Unit(s)
Levels/Style	Duplex
MLS #	2360563
Virtual Tour	N/A
SubType	Multi Family
Type	Residential Income
SqFt	2095
Status	Sold
Lot Size (SqFt)	14648
Lot Size (Acres)	0.3363
Property Tax	4990
Buying Office	James & Associates R.E. Inc.
Year Built	1990
Buying Office Phone	206-510-4494
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
Construction	Wood
# Open Parking Spaces	4
# Carport Spaces	2
# Parking Spaces	6
# Uncovered Spaces	4

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Orting
Water	Public
Water Company	City Of Orting
Power Company	PSE
Power Production: Type	Electric

Location
County	Pierce
Subdivision	Orting
Area	114 - Orting
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Orting
High School	Buyer To Verify
APN	3670000772

Multifamily Details
Net Operating Income	38975
Capitalization Rate	5.66
Expense: Insurance	1090
Gross Scheduled Income	50280
Expense: Other	2400
Gross Adjusted Income	52020
Total Expenses	10964
Gross Rent Multiplier	13.24
Nwm_Totalmonthlyincome	4335
Vacancy Rate	4

$613K

Range: $552K-$675K

Last 30 days

Rental est.: $3,495/month

• Gross rent multiplier: 14.3

Lower your payment with the loan terms that fit you.

Sep 2025
MLS # 2360563
Sep 30, 2025 Sold
$600,000 (-8.8%)
Aug 12, 2025 Pending
—
Jun 5, 2025 Price Change
$658,000 (-4.5%)
Apr 24, 2025 Listed
$689,000

216 Varner Ave SE #1 & 2
$600K
Orting
$561K -3% y/y
98360
$533K -8% y/y
Orting
$533K -8% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
212 Varner Ave Se, Orting, WA 98360	$412,100	4/2	1,621	0.01
210 Varner Ave Se, Orting, WA 98360	$350,700	2/—	1,081	0.02
215 Varner Ave Se, Orting, WA 98360	$378,800	3/1	1,142	0.02
209 Varner Ave Se, Orting, WA 98360	$350,500	2/—	1,180	0.03
211 Varner Ave Se, Orting, WA 98360	$273,000	1/1	824	0.03
228 Varner Ave Se, Orting, WA 98360	$545,200	4/—	1,688	0.03
204 Train St Se, Orting, WA 98360	$488,200	4/2	1,904	0.04
210 Ammons Ln Se, Orting, WA 98360	$357,200	3/2	1,122	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.