1209 -1211 4th Avenue NW, Puyallup, WA 98371
- $850,000
- 3,500
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: John L. Scott, Inc..
- Sold Price
- $850,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2338962
- Closing Date
- Jul 01, 2025
- Days on Market
- 42
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,500
- Area Total SqFt
- 3500
- Annual Tax Ammount
- 9563
- Lot Size (sq ft)
- 21,474
- Sewer
- Sewer Connected
- Offer Review Date
- 2025-05-15
Property Description
For investors seeking a reliable income! Highly desirable Puyallup Valley large lot property sporting 2 duplexes and a land lease with Verizon for 5 INCOMES IN ONE PLACE! Duplexes freshly painted and roofed with warranty. Each unit has two bedrooms, one bath. 875 sq ft, carport and additional parking. Unit 1211 remodel in 2022 with new kitchen cabinets, granite countertops, and flooring. Low-maintenance property, sewer connected, with long-term Tenants. Located near Aylen Jr High, shopping, dining, public transport, Sounder Station, and freeway. Recently installed new furnaces and Hot water tanks where needed. Seller offering a one-year home warranty for each unit with America's Preferred Home Warranty!
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Additional Information
- List Date
- 2025-05-20 00:00:00
- Community
- Puyallup Valley
- Net Operating Income
- $51,174
- Gross Adjusted Income
- $74,633
- Gross Scheduled Income
- $74,633
- Total Monthly Income
- $6,019
- Insurance Expenses
- $3,106
- Water/Sewer/Garbage Expenses
- $9,250
- Gross Rent Multiplier
- 12
- Total Expenses
- $23,459
- Cap Rate
- 5.7
- Total Number of Units
- 4
- Unit Name
- 1209 -1211
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1972
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 1540
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Karshner Elem
- Middle School
- Aylen Jnr High
- High School
- Puyallup High
- Total Monthly Income
- $6,019
- Gross Scheduled Income
- $74,633
- Gross Adjusted Income
- $74,633
- Tax Year
- 2025
- Insurance Expense
- $3,106
- W/S/G Expenses
- $9,250
- Total Expenses
- $23,459
- Net Operating Income
- $51,174
- Gross Rent Multiplier
- 12
- Cap Rate
- 5.7
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.