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Listing Firm: Kidder Mathews: David A. Kelley

Bought With: Kidder Mathews : David A. Kelley

SOLD On March 1, 2021
NWMLS # 1698121

$5,100,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

3444 Erickson Road , Gig Harbor, WA 98335

Listings with the three tree icon are courtesy of NWMLS

About This Property

CALLL FOR OFFERS: 12/17/2020 Laurelwood is a two-story, wood framed 28-unit complex located just off Highway 16 and Erickson St in the heart of Gig Harbor. Consisting of both one and two-bedroom units, the Laurelwood complex has secured entry, elevator access, community room, and an on-site leasing office. Laurelwood sits on over 1.5 acres of Class A real estate in the most sought-after Pierce County submarket, Gig Harbor. With the recent dissolution of Laurelwood’s affordable requirements, this trophy project is now a market rate complex. Laurelwood offers tremendous rental upside, interior renovations potential, approved permits for two additional units, prime location, and nearly nonexistent vacancy.

Buyer's Agent: David A. Kelley • Kidder Mathews

Listed by: David A. Kelley • Kidder Mathews

Aris360 Last Checked: 1 Minute Ago (Jun 19, 2025 03:18 AM)

  • Source: NWMLS as Distributed by MLS Grid #1698121

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Erickson
  • Zip/Postal Code: 98335
  • City: Gig Harbor

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$3,847 per month
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Property Features

  • County
    • Gig Harbor
  • Community
    • 1 - Gig Harbor
  • MLS Area
    • 1 - Gig Harbor
  • Longitude
    • -122.585488
  • Latitude
    • 47.320224
  • Directions
    • Take WA-16 W to Pioneer Way in Gig Harbor. Take the Wollochet Dr NW exit from WA-16 W // Take Kimball Dr and Erickson St to your destination

  • Interior
    • Forced Air
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 39
  • Foundation
    • Slab,
  • Elevation
    • Feet
  • Exterior
    • Cement Planked
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Lot Size in Acres
    • 1

  • Condition
    • Very Good,
  • Building Total Area (Sq. Ft.)
    • 33901
  • Utilities
    • Sewer Connected,
    • Electric,

  • High School District
    • Peninsula

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $17553
  • Year Built
    • 1989
  • Effective Year Built
    • 1989
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Thu Jun 19 2025 . 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.

Jun 19, 2025 03:18 AM