2023 -2021 14th Avenue NW, Puyallup, WA 98371

$639,950
1,776
SqFt

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Listing courtesy of COMPASS.

List Price
$639,950
Status
PENDING
MLS#
2508462
Price Change
▼ $10,000 1778286257
Days on Market
98
Style
52 - Duplex
Finished SqFt
1,776
Area Total SqFt
1776
Annual Tax Ammount
6381
Internet Provider
Xfinity
Lot Size (sq ft)
11,648
Sewer
Sewer Connected

Property Description

Instant income opportunity for savvy investors, house hackers, and buyers ready to begin building long-term wealth. This well-maintained duplex offers two 2-bed/1-bath units, each with its own utility room, covered patio, and fenced yard—features that support strong tenant appeal and everyday livability. One unit also includes a fenced garden area, adding even more charm and usable outdoor space. With strong rental history and consistent occupancy, this property offers reliable income potential in a high-demand rental area. The property offers convenient access to everyday essentials, 10min to most commuter routes (167/512 interchange and I-5), and local amenities—making it especially attractive to long-term tenants. Nearby downtown shopping and dining spots, Peach Park, Clarks Creek parks, and transit options like the Sounder train — all contribute to consistent rental demand and ease of living. A practical layout paired with private outdoor areas make each unit feel comfortable and self-contained, while the duplex setup creates flexibility for a range of ownership goals. Live in one side and offset your mortgage with rental income, lease both units for dependable cash flow, or add a solid asset to your growing portfolio. Whether you are a first-time investor looking for a launching place or an seasoned buyer seeking a proven income property, this duplex checks the boxes for versatility, demand, and long-term potential. Opportunities like this don't last long.

Additional Information

List Date
2026-04-19 17:44:12
Community
Downtown
Net Operating Income
$29,959
Gross Adjusted Income
$40,800
Gross Scheduled Income
$40,800
Total Monthly Income
$3,400
Insurance Expenses
$2,306
Water/Sewer/Garbage Expenses
$2,154
Gross Rent Multiplier
15.93
Total Expenses
$10,841
Cap Rate
4.6
Total Number of Units
2
Unit Name
2023 -2021
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1967
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio
Energy Source
Electric
School District
Puyallup
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$3,400
Gross Scheduled Income
$40,800
Gross Adjusted Income
$40,800
Tax Year
2026
Insurance Expense
$2,306
W/S/G Expenses
$2,154
Total Expenses
$10,841
Net Operating Income
$29,959
Gross Rent Multiplier
15.93
Cap Rate
4.6
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.
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