718 10th Street SE, Puyallup, WA 98372
- $725,000
- 3,840
- SqFt
Listing courtesy of The Foundation Group LLC. Selling Office: Windermere Real Estate/PSR Inc.
- Sold Price
- $725,000
- List Price
- $900,000
- Status
- SOLD
- MLS#
- 2460255
- Closing Date
- Feb 28, 2026
- Days on Market
- 29
- Style
- 55 - 5-9 Units
- Building Condition
- Average
- Finished SqFt
- 3,840
- Area Total SqFt
- 3840
- Annual Tax Ammount
- 7608
- Lot Size (sq ft)
- 15,246
- Sewer
- Sewer Connected
- Offer Review Date
- 2026-01-12
Property Description
True value add apartment play in Puyallup. 5-unit building features all 2B/1B units at 750 SqFt, with 4 units currently vacant and ready for renovation. The 1984 structure sits on a large 15,000 SqFt lot with ample parking and fenced yard space. Each unit has a private patio or balcony with additional outdoor secure storage, units include fireplaces, and a common laundry room on-site. Advertised rents are the market rate with unit improvement. Sale subject to conservatorship court approval
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Additional Information
- List Date
- 2026-01-30 00:00:00
- Community
- Puyallup
- Net Operating Income
- $64,949
- Gross Adjusted Income
- $93,909
- Gross Scheduled Income
- $95,700
- Total Monthly Income
- $8,065
- Insurance Expenses
- $2,908
- Water/Sewer/Garbage Expenses
- $5,000
- Gross Rent Multiplier
- 9
- Total Expenses
- $28,960
- Cap Rate
- 7.22
- Vacancy Rate
- 3
- Total Number of Units
- 5
- Unit Name
- 718
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 1984
- Roof
- Tile
- Electric Expenses
- 2000
- Other Expenses
- 11444
- Energy Source
- Electric
- School District
- Puyallup
- Total Monthly Income
- $8,065
- Gross Scheduled Income
- $95,700
- Vacancy Rate
- 3
- Gross Adjusted Income
- $93,909
- Tax Year
- 2025
- Insurance Expense
- $2,908
- W/S/G Expenses
- $5,000
- Total Expenses
- $28,960
- Net Operating Income
- $64,949
- Gross Rent Multiplier
- 9
- Cap Rate
- 7.22
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.