10712 64th Avenue E, Puyallup, WA 98373
- $830,000
- 3,216
- SqFt
Listing courtesy of Real Broker LLC. Selling Office: Windermere RE/Lake Tapps, Inc.
- Sold Price
- $830,000
- List Price
- $848,000
- Status
- SOLD
- MLS#
- 2488035
- Closing Date
- Apr 17, 2026
- Days on Market
- 18
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,216
- Area Total SqFt
- 3216
- Annual Tax Ammount
- 9117
- Lot Size (sq ft)
- 25,016
- Sewer
- Septic Tank
Property Description
Solid, Turn-key Fourplex on a rare .57-acre lot in a quiet, rural setting with potential to add additional units or an ADU (buyer to verify). Major systems have been updated, including newer windows, roof, exterior paint, and interior improvements, minimizing near-term capital expenses. All units are 2 bed / 1 bath; upper units feature balconies and lower units offer private patios. A shared coin-op laundry provides additional income and tenant convenience. The outbuilding/garage is currently unused and could provide additional rental income. The property is fully occupied with strong tenants (two in leases, two month-to-month). Current rents are below market, offering clear upside through future increases. 8.5% Market Cap Rate (6.5% Current), this is an attractive opportunity for investors or owner-occupants looking to house hack. Conveniently located near shopping, schools, and transit, this property benefits from consistent rental demand and long-term growth potential.
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Additional Information
- List Date
- 2026-03-30 00:00:00
- Community
- Puyallup
- Net Operating Income
- $54,554
- Gross Adjusted Income
- $72,096
- Gross Scheduled Income
- $73,560
- Total Monthly Income
- $6,130
- Insurance Expenses
- $1,700
- Water/Sewer/Garbage Expenses
- $4,473
- Gross Rent Multiplier
- 11
- Total Expenses
- $17,542
- Cap Rate
- 6.5
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 10712
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1977
- View
- Territorial
- Roof
- Composition
- Site Features
- Outbuildings, Shop
- Other Expenses
- 2252
- Energy Source
- Electric
- School District
- Puyallup
- Total Monthly Income
- $6,130
- Gross Scheduled Income
- $73,560
- Vacancy Rate
- 2
- Gross Adjusted Income
- $72,096
- Tax Year
- 2025
- Insurance Expense
- $1,700
- W/S/G Expenses
- $4,473
- Total Expenses
- $17,542
- Net Operating Income
- $54,554
- Gross Rent Multiplier
- 11
- Cap Rate
- 6.5
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.