4706 124th Avenue Ct E, Edgewood, WA 98372
- $745,000
- 1,936
- SqFt
Listing courtesy of Red Moon Realty.
- List Price
- $745,000
- Status
- ACTIVE
- MLS#
- 2571018
- Days on Market
- 4
- Style
- 52 - Duplex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 1,936
- Area Total SqFt
- 1936
- Annual Tax Ammount
- 6742
- Lot Size (sq ft)
- 14,000
- Sewer
- Septic Tank
Property Description
Discover a fantastic opportunity in the highly desirable Edgewood area, offering a peaceful setting while remaining just minutes from freeway access, shopping, dining, and everyday amenities.This well-maintained duplex provides flexibility for both owner-occupants and investors. The left-side unit has been completely updated, making it an ideal option for a buyer looking to move in and enjoy modern finishes while continuing to rent the neighboring unit for additional income. The right-side unit has been well cared for and offers an established rental opportunity.Investors will appreciate the strong rental demand in the Edgewood market and the potential for a competitive cap rate. Each unit offers its own garage, dedicated utility room, and a spacious private yard, providing tenants with the space and conveniences that are difficult to find in many multifamily properties. An additional storage shed adds even more functionality.Whether you're looking to offset your mortgage by living in one unit and renting the other, expand your investment portfolio, or secure a versatile property in a sought-after location, this Edgewood duplex offers an exceptional combination of location, condition, space, and income potential.
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Additional Information
- List Date
- 2026-08-20 01:37:10
- Community
- Edgewood
- Net Operating Income
- $37,660
- Gross Adjusted Income
- $46,200
- Gross Scheduled Income
- $46,200
- Total Monthly Income
- $3,850
- Insurance Expenses
- $1,198
- Water/Sewer/Garbage Expenses
- $600
- Gross Rent Multiplier
- 16.12
- Total Expenses
- $8,540
- Cap Rate
- 5.05
- Total Number of Units
- 2
- Unit Name
- 4706
- Potential Terms
- Cash, Conventional, FHA, State Bond, VA Loan
- Year Built
- 1975
- View
- Territorial
- Roof
- Composition, Flat
- Site Features
- Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Northwood Elem
- Middle School
- Edgemont Jnr High
- High School
- Puyallup High
- Total Monthly Income
- $3,850
- Gross Scheduled Income
- $46,200
- Gross Adjusted Income
- $46,200
- Tax Year
- 2026
- Insurance Expense
- $1,198
- W/S/G Expenses
- $600
- Total Expenses
- $8,540
- Net Operating Income
- $37,660
- Gross Rent Multiplier
- 16.12
- Cap Rate
- 5.05
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.