10221 -10223 146th Street E Unit #10221, Puyallup, WA 98374
- $523,500
- 1,804
- SqFt
Listing courtesy of COMPASS. Selling Office: COMPASS.
- Sold Price
- $523,500
- List Price
- $499,900
- Status
- SOLD
- MLS#
- 2485615
- Closing Date
- Apr 10, 2026
- Days on Market
- 4
- Style
- 52 - Duplex
- Finished SqFt
- 1,804
- Area Total SqFt
- 1804
- Annual Tax Ammount
- 6461
- Lot Size (sq ft)
- 25,265
- Sewer
- Septic Tank
- Offer Review Date
- 2026-03-16
Property Description
Welcome into this Puyallup duplex prime and ready for a new investor! One unit is occupied and fully renovated with an awesome, long-term tenant. The left unit is vacant and ready for some TLC that has room for the new owner's taste! This property would be perfect for either a new investor looking to house hack or seasoned investor willing to conduct a BRRRR to add to their portfolio. Either way, enjoy a large jump in equity when this unit is renovated and stabilized with a new tenant! This property sits on over half an acre and there's potential for future development in the future. Although this sits close to Meridian, there's plenty of privacy while being in such a convenient location. Located in the highly sought after Puyallup School District, this one won't last long. Call for your tour today!
/u.realgeeks.media/homes77/logo-full.png){kind=logo}
Additional Information
- List Date
- 2026-04-06 00:00:00
- Community
- South Hill
- Net Operating Income
- $39,959
- Gross Adjusted Income
- $50,220
- Gross Scheduled Income
- $54,000
- Total Monthly Income
- $4,500
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 9.24
- Total Expenses
- $10,261
- Cap Rate
- 8
- Vacancy Rate
- 7
- Total Number of Units
- 2
- Unit Name
- 10221 -10223
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1979
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Pope Elem
- Middle School
- Glacier View Jr High
- High School
- Emerald Ridge High
- Total Monthly Income
- $4,500
- Gross Scheduled Income
- $54,000
- Vacancy Rate
- 7
- Gross Adjusted Income
- $50,220
- Tax Year
- 2025
- Insurance Expense
- $2,000
- W/S/G Expenses
- $1,800
- Total Expenses
- $10,261
- Net Operating Income
- $39,959
- Gross Rent Multiplier
- 9.24
- Cap Rate
- 8
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.