11101 124th Street E, Puyallup, WA 98374
- $829,000
- 2,880
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Keller Williams North Seattle.
- Sold Price
- $829,000
- List Price
- $829,000
- Status
- SOLD
- MLS#
- 2460986
- Closing Date
- Mar 31, 2026
- Days on Market
- 54
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,880
- Area Total SqFt
- 2880
- Annual Tax Ammount
- 8218
- Lot Size (sq ft)
- 16,555
- Sewer
- Septic Tank
Property Description
Excellent opportunity to own a well-located, single-level 4-plex in the desirable South Hill/Puyallup area. The property has two 2bd/1ba units and two 1bd/1ba units, offering an easy rental mix. A central coin-operated laundry room includes dedicated storage units for added tenant convenience for more income and convenience for the tenants. The roof was replaced seven years ago, and all units feature updated vinyl thermal-pane windows. The 2bd units have been improved with durable LVP flooring and full interior repainting. Tenants are responsible for electricity, owner covers water, garbage, and laundry room power. Convenient access to shopping, dining, public transportation, schools, and nearby parks.
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Additional Information
- List Date
- 2026-02-05 00:00:00
- Community
- South Hill
- Net Operating Income
- $53,859
- Gross Adjusted Income
- $68,040
- Gross Scheduled Income
- $68,040
- Total Monthly Income
- $5,670
- Insurance Expenses
- $2,040
- Water/Sewer/Garbage Expenses
- $3,492
- Gross Rent Multiplier
- 12.18
- Total Expenses
- $14,181
- Cap Rate
- 6.49
- Vacancy Rate
- 1
- Total Number of Units
- 4
- Unit Name
- 11101
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1974
- View
- Territorial
- Roof
- Composition
- Site Features
- High Speed Internet, Patio
- Other Expenses
- 431
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,670
- Gross Scheduled Income
- $68,040
- Vacancy Rate
- 1
- Gross Adjusted Income
- $68,040
- Tax Year
- 2025
- Insurance Expense
- $2,040
- W/S/G Expenses
- $3,492
- Total Expenses
- $14,181
- Net Operating Income
- $53,859
- Gross Rent Multiplier
- 12.18
- Cap Rate
- 6.49
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.