16216 and 16218 72nd Avenue Ct E, Puyallup, WA 98375

$725,000
2,860
SqFt

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Listing courtesy of Epique Realty. Selling Office: Windermere RE South Sound, Inc.

Sold Price
$725,000
List Price
$725,000
Status
SOLD
MLS#
2459649
Closing Date
Feb 19, 2026
Days on Market
10
Style
52 - Duplex
Finished SqFt
2,860
Area Total SqFt
2860
Annual Tax Ammount
6618.57
Lot Size (sq ft)
9,537
Sewer
Sewer Connected

Property Description

Calling all investors!! Beautifully maintained 3 bedroom, 2.5 bath duplex in desirable area close to shops, schools, parks and commuter routes. Each unit offers a spacious layout with an open main floor, large bedrooms, and private primary suite. Well-kept grounds, ample parking and strong rental history make this an ideal investment, or owner occupant opportunity. One unit currently rented by the same tenant for 10+ years. The other unit just completely remodeled with new flooring and appliances, paint, and more, available now for new owner or tenant, and could easily rent for $2,480/mo. Rare chance to own a turn-key multi-family property in a great community.

Additional Information

List Date
2026-02-09 00:00:00
Community
Puyallup
Net Operating Income
$16,745
Gross Adjusted Income
$28,980
Gross Scheduled Income
$57,960
Total Monthly Income
$4,860
Insurance Expenses
$1,152
Water/Sewer/Garbage Expenses
$2,544
Gross Rent Multiplier
12.51
Total Expenses
$12,234
Cap Rate
6.57
Vacancy Rate
50
Total Number of Units
2
Unit Name
16216
Potential Terms
Cash, Conventional
Year Built
1999
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck
Electric Expenses
720
Energy Source
Natural Gas
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,860
Gross Scheduled Income
$57,960
Vacancy Rate
50
Gross Adjusted Income
$28,980
Tax Year
2025
Insurance Expense
$1,152
W/S/G Expenses
$2,544
Total Expenses
$12,234
Net Operating Income
$16,745
Gross Rent Multiplier
12.51
Cap Rate
6.57
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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