8224 59th Avenue E, Puyallup, WA 98371

$584,950
1,943
SqFt

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Listing courtesy of Better Properties Real Estate.

List Price
$584,950
Status
ACTIVE
MLS#
2537943
Days on Market
46
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,943
Area Total SqFt
1943
Annual Tax Ammount
6482.49
Lot Size (sq ft)
12,762
Sewer
Septic Tank

Property Description

Prime location! Tucked away in a quiet cul-de-sac between Woodland and Canyon Road off 84th Street, this well-maintained duplex offers exceptional convenience just 2 miles from Hwy 512. A fantastic investment opportunity—add it to your portfolio or live in one unit while generating rental income from the other. Both units feature identical floor plans with spacious living rooms, large kitchens with white cabinetry, pantry storage, laminate flooring, and bright dining areas filled with natural light. Each unit offers two generously sized bedrooms, double closets in the primary bdrm, and an adjacent bathroom with a low-maintenance tiled shower. Situated on a sprawling, level lot that backs to a private, lush greenbelt, the property provides a peaceful setting with partially fenced backyards, a composite deck on the west side, and abundant off-street parking. Enjoy year-round comfort and energy efficiency with ducted forced-air heating and cooling—no wall heaters here! Each unit includes an attached one-car garage with laundry hookups. All kitchen appliances stay; washers and dryers belong to the tenants and are excluded from the sale. Conveniently located near shopping, dining, parks, walking trails, and with easy access to both Hwy 512 and I-5, this is an opportunity you won’t want to miss.

Additional Information

List Date
2026-06-11 03:13:11
Community
Puyallup
Net Operating Income
$30,825
Gross Adjusted Income
$37,050
Gross Scheduled Income
$39,000
Insurance Expenses
$903
Water/Sewer/Garbage Expenses
$790
Gross Rent Multiplier
15
Total Expenses
$8,175
Cap Rate
0.05
Total Number of Units
2
Unit Name
8224
Potential Terms
Cash, Conventional
Year Built
1974
Roof
Composition
Site Features
Deck, Fenced-Fully, Patio, RV Parking
Energy Source
Electric
School District
Franklin Pierce
Gross Scheduled Income
$39,000
Gross Adjusted Income
$37,050
Tax Year
2026
Insurance Expense
$903
W/S/G Expenses
$790
Total Expenses
$8,175
Net Operating Income
$30,825
Gross Rent Multiplier
15
Cap Rate
0.05
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.
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