1224 1226 12th Avenue NW, Puyallup, WA 98371
- $585,000
- 1,568
- SqFt
Listing courtesy of Windermere Real Estate/East. Selling Office: Keller Williams Rlty Bellevue.
- Sold Price
- $585,000
- List Price
- $590,000
- Status
- SOLD
- MLS#
- 2439150
- Closing Date
- Nov 04, 2025
- Days on Market
- 1
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,568
- Area Total SqFt
- 1568
- Annual Tax Ammount
- 5706.76
- Lot Size (sq ft)
- 9,360
- Sewer
- Sewer Connected
Property Description
Investor Opportunity in Puyallup! This well-maintained duplex is ideally located near the Sounder train, shopping, dining, and amenities—perfect for attracting quality tenants. Both units feature durable LVP flooring, newer carpet, fresh paint, modern kitchen cabinets, concrete countertops, and updated bath vanities. Each side includes in-unit washer/dryer and private fenced yards, offering convenience and privacy tenants appreciate. Roof is approx. 14 years old and in solid condition, reducing immediate capital expense. Strong rental demand provides excellent income potential with low vacancy. Whether expanding your portfolio or securing your first multi-family, this property checks all the boxes for long-term cash flow and appreciation.
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Additional Information
- List Date
- 2025-11-03 00:00:00
- Community
- Puyallup
- Net Operating Income
- $36,675
- Gross Adjusted Income
- $46,440
- Gross Scheduled Income
- $46,440
- Total Monthly Income
- $3,870
- Insurance Expenses
- $2,017
- Water/Sewer/Garbage Expenses
- $2,040
- Gross Rent Multiplier
- 12.7
- Total Expenses
- $9,764
- Cap Rate
- 6.2
- Total Number of Units
- 2
- Unit Name
- 1224 1226
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1978
- Roof
- Composition
- Site Features
- Fenced-Fully
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,870
- Gross Scheduled Income
- $46,440
- Gross Adjusted Income
- $46,440
- Tax Year
- 2025
- Insurance Expense
- $2,017
- W/S/G Expenses
- $2,040
- Total Expenses
- $9,764
- Net Operating Income
- $36,675
- Gross Rent Multiplier
- 12.7
- Cap Rate
- 6.2
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.