12813 109th Avenue Ct E, Puyallup, WA 98374
- $1,115,000
- 4,440
- SqFt
Listing courtesy of COMPASS. Selling Office: Terry Wise & Associates.
- Sold Price
- $1,115,000
- List Price
- $1,141,000
- Status
- SOLD
- MLS#
- 2534259
- Closing Date
- Jul 15, 2026
- Days on Market
- 4
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,440
- Area Total SqFt
- 4440
- Annual Tax Ammount
- 11046
- Lot Size (sq ft)
- 21,684
- Sewer
- Septic Tank
Property Description
Winsome Terrace 4 unit | 6.25% CAP: This well-maintained 4-unit multifamily property features four spacious two-bedroom, 1.5-bath townhouse-style units, each offering approximately 1,110 square feet, private back patios, second-floor decks, and wood-burning fireplaces. The property benefits from recent major capital improvements, including a new roof and chimney stacks completed in 2024, along with copper and ABS plumbing, updated electrical panels, and 8 on-site parking spaces. With one unit currently vacant, the property is well-positioned for an owner-occupied buyer seeking potential residential financing options, while investors can immediately place a tenant at market rent and continue stabilizing rents over time. Built in 1983 and located near shopping, dining, schools, employment centers, and major commuter routes, this South Hill asset offers a compelling combination of in-place income, value-add upside, and long-term investment stability in one of Pierce County’s growing rental markets.
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Additional Information
- List Date
- 2026-07-11 00:00:00
- Community
- South Hill
- Net Operating Income
- $71,337
- Gross Adjusted Income
- $89,082
- Gross Scheduled Income
- $90,900
- Total Monthly Income
- $7,575
- Insurance Expenses
- $2,580
- Water/Sewer/Garbage Expenses
- $4,119
- Gross Rent Multiplier
- 12.56
- Total Expenses
- $17,745
- Cap Rate
- 6.25
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 12813
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1983
- View
- See Remarks
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Puyallup
- Total Monthly Income
- $7,575
- Gross Scheduled Income
- $90,900
- Vacancy Rate
- 2
- Gross Adjusted Income
- $89,082
- Tax Year
- 2026
- Insurance Expense
- $2,580
- W/S/G Expenses
- $4,119
- Total Expenses
- $17,745
- Net Operating Income
- $71,337
- Gross Rent Multiplier
- 12.56
- Cap Rate
- 6.25
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.