606 8th Street NW, Puyallup, WA 98371

$555,750
1,488
SqFt

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Listing courtesy of Windermere RE West Campus Inc.

List Price
$555,750
Status
ACTIVE
MLS#
2555082
Days on Market
164
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,488
Area Total SqFt
1488
Annual Tax Ammount
6206
Lot Size (sq ft)
6,840
Sewer
Sewer Connected

Property Description

Fabulous location downtown Puyallup, where the City is revitalizing the downtown district for community interest. Walkability to services and restaurants means that these units are always rented! 2 bedrooms and 1 bath with one carport space for each, these units have been incredibly well cared for by the long time owners. The back unit has a huge back yard. Additional income from coin operated laundry of $1200 per year. Great opportunity to own an investment with upside potential. Also a great way to enter the market as a first time homebuyer.. live in one side and rent out the other while gaining equity! PLEASE DO NOT DISTURB TENANTS.

Additional Information

List Date
2026-02-12 22:58:14
Community
Downtown
Net Operating Income
$29,472
Gross Adjusted Income
$42,300
Gross Scheduled Income
$42,300
Total Monthly Income
$3,525
Insurance Expenses
$1,447
Water/Sewer/Garbage Expenses
$3,974
Gross Rent Multiplier
1.5
Total Expenses
$11,628
Cap Rate
4.91
Total Number of Units
2
Unit Name
606
Potential Terms
Cash, FHA, VA Loan
Year Built
1957
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Patio
Energy Source
Natural Gas
School District
Puyallup
Total Monthly Income
$3,525
Gross Scheduled Income
$42,300
Gross Adjusted Income
$42,300
Tax Year
2025
Insurance Expense
$1,447
W/S/G Expenses
$3,974
Total Expenses
$11,628
Net Operating Income
$29,472
Gross Rent Multiplier
1.5
Cap Rate
4.91
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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