Sewer connection is currently in progress and anticipated to be completed prior to closing. Solid, turn-key duplex offering exceptional flexibility and long-term upside. Ideal for both experienced investors and owner-occupants, this charming "dollhouse" duplex has been thoughtfully maintained and features a strong occupancy history, excellent visibility, and consistent rental demand. Both units are currently occupied and generating $2,795 per month in rental income (Unit A: $1,295/month; Unit B: $1,500/month), providing immediate cash flow and an attractive 5.5% cap rate. Please do not disturb tenants; drive-by only. Well-positioned for immediate income while offering future redevelopment potential. Commercial zoning creates compelling upside for investors seeking long-term appreciation and mixed-use opportunities. Buyer to verify all zoning, development potential, permitting requirements, sewer completion status, cap rate calculations, and intended uses to their satisfaction.
| MLS # | 2466714 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 243 |
| Listing Provided By | Keller Williams Downtown Sea | Nicholas T. Vilvandre |
| SQ Feet | 968 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Zoning | Commercial,Multi-Family |
| Acreage | 0.13 |
| Property | 3989 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Puyallup |
| Zip Code | 98372 |
| Area | 80 Puyallup |
| Community Name | Puyallup |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Puyallup) | |
Price: $439,750 low | high Med: $590,000 sqft: 968 low | high Med: 2,046 $ / sqft: $454 low | high Med: $288 On site: 243 low | high Med: 79 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Puyallup |
| Zip Code | 98372 |
| Area | 80 Puyallup |
| Community Name | Puyallup |
| School District | Buyer To Verify |
| Elementary School | Buyer To Verify |
| High School | Buyer To Verify |
| Listing VS Median (in Puyallup) | |
Price: $439,750 low | high Med: $590,000 sqft: 968 low | high Med: 2,046 $ / sqft: $454 low | high Med: $288 On site: 243 low | high Med: 79 | |