12926 78th Avenue E, Puyallup, WA 98373
- $950,000
- 2,210
- SqFt
Listing courtesy of John L. Scott, Inc..
- List Price
- $950,000
- Status
- ACTIVE
- MLS#
- 2515196
- Days on Market
- 88
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,210
- Area Total SqFt
- 2210
- Annual Tax Ammount
- 7610.71
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 25,200
- Sewer
- Septic Tank
Property Description
Meticulously maintained duplex in Puyallup offering a rare investment opportunity with an estimated 5.5% cap rate. Ideal for owner-occupants or investors—live in one unit and generate income from the other, or lease both and expand your portfolio. Built in 2019, this rambler-style duplex sits on over ½ acre at the end of a quiet dead-end street, providing privacy with minimal traffic. Each unit features 2 bedrooms, 2 bathrooms, and just over 1,100 sq ft, along with attached 2-car garages. Thoughtfully designed with modern finishes, including LVP flooring, quartz countertops, stainless steel appliances, ductless mini-split systems, and in-unit washer/dryer. The primary suites include walk-in closets and double vanity sinks, offering both comfort and functionality. A detached shop/garage adds flexibility for additional income, storage, or workspace. Strong rental appeal—one unit already leased (secured within 24 hours)—making this a turnkey opportunity. Additional highlights include ample parking, RV parking with power hookup, and optional rental income from the detached garage. Bonus opportunity: The property is equipped with an additional 200-amp power service, originally planned for an ADU—offering future development potential for added value or income. Conveniently located just minutes from Costco, major freeways, shopping, and dining, this property combines seclusion, modern living, and income potential in one exceptional package.
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Additional Information
- List Date
- 2026-04-29 19:11:12
- Community
- Puyallup
- Net Operating Income
- $54,594
- Gross Adjusted Income
- $66,000
- Gross Scheduled Income
- $5,500
- Total Monthly Income
- $63,600
- Insurance Expenses
- $1,665
- Water/Sewer/Garbage Expenses
- $1,607
- Gross Rent Multiplier
- 14.39
- Total Expenses
- $11,405
- Cap Rate
- 5.7
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 12926
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 2019
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
- Electric Expenses
- 495
- Other Expenses
- 25
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $63,600
- Gross Scheduled Income
- $5,500
- Vacancy Rate
- 5
- Gross Adjusted Income
- $66,000
- Tax Year
- 2026
- Insurance Expense
- $1,665
- W/S/G Expenses
- $1,607
- Total Expenses
- $11,405
- Net Operating Income
- $54,594
- Gross Rent Multiplier
- 14.39
- 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.