1314 12th Avenue NW, Puyallup, WA 98371
- $735,000
- 2,016
- SqFt
Listing courtesy of RE/MAX Realty South.
- List Price
- $735,000
- Status
- ACTIVE
- MLS#
- 2567418
- Days on Market
- 3
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 2,016
- Area Total SqFt
- 2016
- Annual Tax Ammount
- 561.75
- Lot Size (sq ft)
- 11,475
- Sewer
- Sewer Connected
Property Description
Great opportunity to own a well maintained duplex in a convenient Puyallup location with an excellent commute to Tacoma and surrounding areas. Each 3 bedroom, 1.5 bath unit offers an attached one car garage and a large, fully fenced backyard. The vacant left unit has received numerous updates, including new flooring, blinds, light fixtures, bathroom fixtures, a new water heater, and an updated kitchen with new countertops. Additional improvements include vinyl windows, updated plumbing, baseboard heaters and roof. Both units have new garage doors and exterior doors, while the gutters were replaced approximately 2 years ago. The large backyards are fully enclosed with newly installed fencing and gates, providing each unit with a private outdoor space and convenient access. The right unit offers an opportunity for future updates while currently providing rental income from a long-term tenant who has been reliable and consistently paid rent on time. The vacant left unit provides an opportunity for a new owner to establish rental income, with projected rents in the area of approximately $2,300 to $2,500 per month. Whether you're looking to expand your investment portfolio or live in one side while generating rental income from the other, this Puyallup duplex offers flexibility, recent improvements, and room to add value. Conveniently located for commuters with easy access to Tacoma and surrounding communities.
Additional Information
- List Date
- 2026-08-19 17:10:14
- Community
- Puyallup
- Net Operating Income
- $37,265
- Gross Adjusted Income
- $48,564
- Gross Scheduled Income
- $51,120
- Total Monthly Income
- $1,760
- Insurance Expenses
- $89
- Water/Sewer/Garbage Expenses
- $290
- Gross Rent Multiplier
- 14.38
- Total Expenses
- $941
- Cap Rate
- 5.07
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 1314
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1979
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Fully, Patio
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Karshner Elem
- Middle School
- Aylen Jnr High
- High School
- Puyallup High
- Total Monthly Income
- $1,760
- Gross Scheduled Income
- $51,120
- Vacancy Rate
- 5
- Gross Adjusted Income
- $48,564
- Tax Year
- 2026
- Insurance Expense
- $89
- W/S/G Expenses
- $290
- Total Expenses
- $941
- Net Operating Income
- $37,265
- Gross Rent Multiplier
- 14.38
- Cap Rate
- 5.07
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.