12311 to 12315 112th Avenue Ct E, Puyallup, WA 98374
- $1,670,000
- 5,120
- SqFt
Listing courtesy of Keller Williams Realty PS. Selling Office: John L. Scott, Inc..
- Sold Price
- $1,670,000
- List Price
- $1,750,000
- Status
- SOLD
- MLS#
- 2421349
- Closing Date
- Nov 26, 2025
- Days on Market
- 75
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,120
- Area Total SqFt
- 5120
- Annual Tax Ammount
- 15812
- Lot Size (sq ft)
- 34,027
- Sewer
- Available, Septic Tank
Property Description
Improved ROI! This fully rented 8-unit complex in desired Puyallup School District is an amazing investment opportunity! Includes two 4-plexes w/ mix of 1BR/BA & 2BR/1BA units on 0.78 acres. Each unit has private patio & updated appliances (most stainless), incl fridge, range, dishwasher & built-in microwave. Tenants pay own electric & cable. Coin-op laundry brings in extra income. Large lot on a dead-end street offers ample parking. Owner storage room on-site. Recent upgrades include newer roof, windows, LVP flooring, carpet, countertops, vanities, light fixtures & int/ext paint. On septic w/ sewer available at SE corner. Zero percent vacancy w/ immediate rental turnover. Great location close to South Hill amenities & YMCA!
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Additional Information
- List Date
- 2025-09-12 00:00:00
- Community
- South Hill
- Net Operating Income
- $118,298
- Gross Adjusted Income
- $155,100
- Gross Scheduled Income
- $155,100
- Total Monthly Income
- $12,815
- Insurance Expenses
- $3,791
- Water/Sewer/Garbage Expenses
- $5,244
- Gross Rent Multiplier
- 11.3
- Total Expenses
- $36,712
- Cap Rate
- 6.76
- Total Number of Units
- 8
- Unit Name
- 12311
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio
- Electric Expenses
- 1200
- Other Expenses
- 10665
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $12,815
- Gross Scheduled Income
- $155,100
- Gross Adjusted Income
- $155,100
- Tax Year
- 2025
- Insurance Expense
- $3,791
- W/S/G Expenses
- $5,244
- Total Expenses
- $36,712
- Net Operating Income
- $118,298
- Gross Rent Multiplier
- 11.3
- Cap Rate
- 6.76
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.