12401 -12407 111th Avenue E, Puyallup, WA 98374
- $1,195,500
- 4,996
- SqFt
Listing courtesy of Windermere Prof Partners. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $1,195,500
- List Price
- $1,050,000
- Status
- SOLD
- MLS#
- 2456277
- Closing Date
- Jan 06, 2026
- Days on Market
- 8
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 4,996
- Area Total SqFt
- 4996
- Annual Tax Ammount
- 13329
- Lot Size (sq ft)
- 30,056
- Sewer
- Septic Tank
- Offer Review Date
- 2025-12-04
Property Description
Fully rented and well-maintained 4-plex in excellent location of South Hill, Puyallup, just waiting for the right investor. Each unit is 2 bedroom, 1.5 baths with 1249 sf, washer/dryer in unit, a fireplace, fenced backyard with patio and 1 car garage with additional parking. Featuring quartz countertops in kitchens and baths, as well as LVP flooring in the living areas of 3 units. Recently installed new furnaces and Hot water tanks where needed. Large lot with room for additional expansion, ie storage spaces or building? This low-maintenance value-add investment can grow or start your portfolio. Easy access to freeways, shopping, and hospitals.
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2025-12-29 00:00:00
- Community
- South Hill
- Net Operating Income
- $54,426
- Gross Scheduled Income
- $78,360
- Total Monthly Income
- $6,525
- Insurance Expenses
- $3,333
- Water/Sewer/Garbage Expenses
- $5,272
- Gross Rent Multiplier
- 13.4
- Total Expenses
- $23,934
- Cap Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 12401 -12407
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1989
- Roof
- Composition
- Site Features
- Fenced-Partially, Gas Available, Patio, RV Parking, Sprinkler System
- Other Expenses
- 2000
- Energy Source
- Natural Gas
- School District
- Puyallup
- Elementary School
- Ridgecrest Elem
- Middle School
- Ferrucci Jnr High
- High School
- Emerald Ridge High
- Total Monthly Income
- $6,525
- Gross Scheduled Income
- $78,360
- Tax Year
- 2025
- Insurance Expense
- $3,333
- W/S/G Expenses
- $5,272
- Total Expenses
- $23,934
- Net Operating Income
- $54,426
- Gross Rent Multiplier
- 13.4
- Cap Rate
- 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.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.