8115 109th Street E Unit #8117, Puyallup, WA 98373
- $695,800
- 2,696
- SqFt
Listing courtesy of NW Real Estate Inc.. Selling Office: Keller Williams Realty.
- Sold Price
- $695,800
- List Price
- $749,950
- Status
- SOLD
- MLS#
- 2514366
- Closing Date
- Jul 16, 2026
- Days on Market
- 47
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 2,696
- Area Total SqFt
- 2696
- Annual Tax Ammount
- 8045
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 24,016
- Sewer
- Septic Tank
Property Description
Turnkey duplex opportunity in a high-demand rental corridor. Each unit offers 3 bed / 2 bath layouts—an ideal configuration for maximizing tenant demand and rental income. One unit has been fully renovated within the past 12 months (new flooring, paint, doors, and bathroom updates), minimizing near-term capital expenditures. Major systems have been addressed with a newer roof and recent exterior paint, reducing maintenance risk. Located near major commuter routes, retail, and recreation—supporting strong tenant retention and consistent occupancy. This asset is well-positioned for stable cash flow with upside through rent optimization on the non-renovated unit. Ideal for investors seeking a low-maintenance, income-producing property with value-add potential.
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Additional Information
- List Date
- 2026-05-30 00:00:00
- Community
- Puyallup
- Net Operating Income
- $42,805
- Gross Adjusted Income
- $42,805
- Gross Scheduled Income
- $52,800
- Total Monthly Income
- $4,400
- Insurance Expenses
- $1,740
- Gross Rent Multiplier
- 14.2
- Total Expenses
- $9,995
- Cap Rate
- 5.7
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 8115
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1999
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings
- Other Expenses
- 210
- Energy Source
- Electric, Natural Gas
- School District
- Puyallup
- Elementary School
- Woodland Elem
- Middle School
- Ballou Jnr High
- High School
- Gov John Rogers Hs
- Total Monthly Income
- $4,400
- Gross Scheduled Income
- $52,800
- Vacancy Rate
- 3
- Gross Adjusted Income
- $42,805
- Tax Year
- 2026
- Insurance Expense
- $1,740
- Total Expenses
- $9,995
- Net Operating Income
- $42,805
- Gross Rent Multiplier
- 14.2
- Cap Rate
- 5.7
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.