12003 12117 112th Avenue E, Puyallup, WA 98374

$2,335,000
9,732
SqFt

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

Sold Price
$2,335,000
List Price
$2,370,000
Status
SOLD
MLS#
2356486
Closing Date
Dec 29, 2025
Days on Market
196
Style
55 - 5-9 Units
Building Condition
Average
Finished SqFt
9,732
Area Total SqFt
9732
Annual Tax Ammount
26395
Internet Provider
Xfinity
Lot Size (sq ft)
91,040
Sewer
Septic Tank

Property Description

Sitting on 2.09 acres of land in the South Hill of Puyallup, Sutton Place offers investors four 1991 built duplexes with long term tenants and recent capital improvements. Three of the 8 units are 3 bedroom, 1.75 baths and the remaining 5 units are 2 bedroom, 1.75 baths with each having the potential to add an additional bedroom at minimal cost. Six of the 8 units are approximately 1,195 square feet in size and the remaining two are 1,281 square feet. Power and garbage are paid direct by the tenants and water paid by the owner. All units come with a range oven, refrigerator, dishwasher and washer/dryer. No inspections until Mutual Acceptance please. Seller is a licensed real estate broker.

Additional Information

List Date
2025-06-16 00:00:00
Community
South Hill
Net Operating Income
$153,920
Gross Adjusted Income
$214,957
Gross Scheduled Income
$220,368
Total Monthly Income
$18,462
Insurance Expenses
$4,469
Water/Sewer/Garbage Expenses
$4,928
Gross Rent Multiplier
10.76
Total Expenses
$61,037
Cap Rate
6.5
Vacancy Rate
3
Total Number of Units
8
Unit Name
12003 12117
Potential Terms
Cash Out, Conventional
Year Built
1991
Roof
Composition
Site Features
Cable TV, High Speed Internet
Other Expenses
25245
Energy Source
Electric
School District
Puyallup
Elementary School
Sunrise Elem
Middle School
Ferrucci Jnr High
High School
Buyer To Verify
Total Monthly Income
$18,462
Gross Scheduled Income
$220,368
Vacancy Rate
3
Gross Adjusted Income
$214,957
Tax Year
2025
Insurance Expense
$4,469
W/S/G Expenses
$4,928
Total Expenses
$61,037
Net Operating Income
$153,920
Gross Rent Multiplier
10.76
Cap Rate
6.5
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.
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