12214 105th Avenue Ct E, Puyallup, WA 98374

$1,220,000
6,256
SqFt

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Listing courtesy of Every Door Real Estate. Selling Office: Skyline Properties, Inc..

Sold Price
$1,220,000
List Price
$1,279,999
Status
SOLD
MLS#
2376534
Closing Date
Sep 18, 2025
Days on Market
211
Style
54 - 4-Plex
Finished SqFt
6,256
Area Total SqFt
6256
Annual Tax Ammount
12286
Lot Size (sq ft)
16,117
Sewer
Septic Tank

Property Description

This unique remodeled 4-plex in Puyallup offers incredible potential, with current rents well below market value. The expansive property includes a large 6,256 sqft building on a 16,117sqft lot. Each of the four units spans approximately 1,562 sqft, featuring 3 bedrooms, 2 bathrooms, and a private garage. Units come equipped with a range/stove, refrigerator, and dishwasher, and have been updated with new quartz countertops and vanities. Remodeled units also boast new LVP flooring and cabinets. Enjoy relaxing or grilling on the spacious balconies. The complex is in excellent condition, with additional parking available in front of the garages. A perfect house hack. Great South Hill location. Unit C available for showings.

Additional Information

List Date
2025-02-19 00:00:00
Community
South Hill
Net Operating Income
$60,047
Gross Adjusted Income
$80,940
Gross Scheduled Income
$80,940
Total Monthly Income
$6,445
Insurance Expenses
$5,403
Water/Sewer/Garbage Expenses
$204
Gross Rent Multiplier
18
Total Expenses
$17,893
Cap Rate
4
Vacancy Rate
25
Total Number of Units
3
Unit Name
12214
Potential Terms
Cash Out, Conventional, FHA
Year Built
1976
Roof
Composition
Site Features
Cable TV, High Speed Internet
Energy Source
Electric
School District
Puyallup
Total Monthly Income
$6,445
Gross Scheduled Income
$80,940
Vacancy Rate
25
Gross Adjusted Income
$80,940
Tax Year
2024
Insurance Expense
$5,403
W/S/G Expenses
$204
Total Expenses
$17,893
Net Operating Income
$60,047
Gross Rent Multiplier
18
Cap Rate
4
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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