15408 74th Avenue E, Puyallup, WA 98375

$999,000
4,164
SqFt

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Listing courtesy of Keller Williams Rty Tacoma.

List Price
$999,000
Status
ACTIVE
MLS#
2542869
Price Change
▼ $96,000 1784848136
Days on Market
38
Style
54 - 4-Plex
Finished SqFt
4,164
Area Total SqFt
4164
Annual Tax Ammount
10260.27
Lot Size (sq ft)
47,044
Sewer
Septic Tank

Property Description

Four Units!! Exceptional investment opportunity featuring a well-maintained fourplex situated on a spacious corner lot. Each thoughtfully designed unit offers 2 bedrooms and 2 bathrooms, including a private ensuite in the primary bedroom. Inviting living rooms feature cozy fireplaces, while bright kitchens with dining areas overlook the backyard. Sliding glass doors provide seamless access to private patios, creating an appealing indoor-outdoor living experience. Each unit also includes a dedicated laundry room and an attached one-car garage. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this property offers strong rental appeal in a highly desirable location. Functional floor plans, spacious living areas, and a sought-after location make this an excellent opportunity for investors seeking a quality income-producing property.

Additional Information

List Date
2026-06-18 18:13:12
Community
South Hill
Net Operating Income
$60,358
Gross Adjusted Income
$79,276
Gross Scheduled Income
$83,448
Total Monthly Income
$6,954
Insurance Expenses
$4,355
Water/Sewer/Garbage Expenses
$4,303
Gross Rent Multiplier
13.12
Total Expenses
$18,918
Cap Rate
5.51
Vacancy Rate
5
Total Number of Units
5
Unit Name
15408
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1979
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
Energy Source
Electric
School District
Puyallup
Elementary School
Frank Brouillet Elem
Middle School
Doris Stahl Jnr High
High School
Gov John Rogers Hs
Total Monthly Income
$6,954
Gross Scheduled Income
$83,448
Vacancy Rate
5
Gross Adjusted Income
$79,276
Tax Year
2026
Insurance Expense
$4,355
W/S/G Expenses
$4,303
Total Expenses
$18,918
Net Operating Income
$60,358
Gross Rent Multiplier
13.12
Cap Rate
5.51
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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