15909 58th Avenue Ct E, Puyallup, WA 98371

$860,000
2,964
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Reger Homes LLC. Selling Office: Best Choice Realty LLC.

Sold Price
$860,000
List Price
$895,000
Status
SOLD
MLS#
2328295
Closing Date
Jun 13, 2025
Days on Market
30
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,964
Area Total SqFt
2964
Annual Tax Ammount
7498.06
Lot Size (sq ft)
14,005
Sewer
Sewer Connected

Property Description

Don’t miss this incredible opportunity to own two rental homes in one! This high-income duplex features 3 beds, 2.5 baths per unit, spacious walk-in closets, and finished double garages. Both units are wired for security and occupied by reliable tenants. Located on 0.32 acres in a peaceful cul-de-sac, it’s minutes from Meridian’s shops, dining, and major highways (512, 167, I-5). The fully fenced backyard faces protected wetlands for ultimate privacy. Modern upgrades include HVAC, heat pump, and a recent switch from septic to sewer. Low-interest $20K sewer loan details in supplements. VA 2.25% assumable loan can be assumed by ANYONE, buyer DOES NOT need to be VA. Saves you hundreds of thousands! $$$

Additional Information

List Date
2025-05-14 00:00:00
Community
South Hill
Net Operating Income
$47,837
Gross Scheduled Income
$60,060
Total Monthly Income
$5,005
Insurance Expenses
$1,319
Water/Sewer/Garbage Expenses
$1,316
Gross Rent Multiplier
14.9
Total Expenses
$12,223
Cap Rate
5.3
Total Number of Units
2
Unit Name
15909
Potential Terms
Assumable, Cash Out, Conventional, FHA, VA Loan
Year Built
2009
Roof
Composition
Site Features
Fenced-Fully, Patio, Sprinkler System
Other Expenses
2090
Energy Source
Electric
School District
Bethel
Elementary School
Naches Trail Elem
Middle School
Spanaway Jnr High
High School
Spanaway Lake High
Total Monthly Income
$5,005
Gross Scheduled Income
$60,060
Tax Year
2024
Insurance Expense
$1,319
W/S/G Expenses
$1,316
Total Expenses
$12,223
Net Operating Income
$47,837
Gross Rent Multiplier
14.9
Cap Rate
5.3
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks