1014 to 1016 11th Avenue NW, Puyallup, WA 98371

$632,000
2,218
SqFt

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Listing courtesy of eXp Realty. Selling Office: Better Properties Kent LLC.

Sold Price
$632,000
List Price
$645,000
Status
SOLD
MLS#
2391698
Closing Date
Aug 01, 2025
Days on Market
10
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,218
Area Total SqFt
2218
Annual Tax Ammount
6995
Lot Size (sq ft)
10,640
Sewer
Sewer Connected

Property Description

Perfect for investors or house hackers! Strong demand & packed w/potential for increased returns! This rare side-by-side well-cared for duplex in prime DT Puyallup has a history of no vacancies over the last 20 years. Tucked at the end of a long driveway in a cul-de-sac just 2 minutes to Fred Meyers, Starbucks, Restaurants, Freeway access & 5 mins to the Fairgrounds. Each unit features mirroring floor plans w/a single car garage w/washer/dryer plus 3 uncovered parking spaces & fully equipped kitchen w/appliances. Recent updates include a NEW ROOF, new ext. & int. paint, gutters, energy-efficient windows, new hot water heaters & spacious shed. Renters love the fully fenced backyard w/covered patios & Mt. Rainier views from the bedrooms!

Additional Information

List Date
2025-07-22 00:00:00
Community
Puyallup
Net Operating Income
$24,232
Gross Adjusted Income
$34,800
Gross Scheduled Income
$34,800
Total Monthly Income
$2,900
Insurance Expenses
$943
Water/Sewer/Garbage Expenses
$2,630
Gross Rent Multiplier
18.53
Total Expenses
$10,568
Cap Rate
3.8
Total Number of Units
2
Unit Name
1014 to 1016
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1980
View
Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio
Energy Source
Electric
School District
Puyallup
Total Monthly Income
$2,900
Gross Scheduled Income
$34,800
Gross Adjusted Income
$34,800
Tax Year
2025
Insurance Expense
$943
W/S/G Expenses
$2,630
Total Expenses
$10,568
Net Operating Income
$24,232
Gross Rent Multiplier
18.53
Cap Rate
3.8
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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