Property Details
11002 11004 72nd Avenue E
Puyallup, WA 98373
$774,000
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Property Overview
Exceptional Duplex Investment Opportunity on Over ½ Acre – No HOA! Welcome to this fully fenced rambler-style duplex situated on a quiet cul-de-sac in a desirable rural setting. Each spacious 1,300-square-foot unit offers a functional floor plan featuring 2 bedrooms, a flexible bonus room (office? gym? dining room, other?), 2 full bathrooms, full kitchen, dining area, family room, primary suite, gas fireplace, utility room with sink and cupboards, private patio, large front porch, and oversized attached 2-car garage with room for storage. Both units have recently updated luxury vinyl plank (LVP) flooring!Ideal for investors seeking immediate cash flow, this income-producing property includes an established tenant, making it a turnkey rental opportunity. Also perfect for owner-occupants looking to offset their mortgage by living in one unit while generating rental income from the other.Enjoy the best of both worlds—peaceful country living with no HOA restrictions and convenient access to Hwy 512, JBLM, shopping, dining, schools, and everyday amenities. With strong rental potential, a generous ½+ acre lot, ample parking, flexible living options, and no HOA, this South Hill duplex is an opportunity you won't want to miss!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Puyallup
Listed
Jun 18, 2026
Structure Type
Duplex
Parcel Number
7560015122
Tax & HOA
Annual Property Tax
$8,225 (2026)
Est. Monthly Tax
$685/mo
Financial Summary
Cap Rate
6.30%
Net Operating Income
$48,685
Gross Scheduled Income
$60,180
Gross Rent Multiplier
12.90
Total Expenses
$12,345
Building & Use
Building Sq Ft
2,596
Leasable Area
2,596 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
26,018 sqft
Year Built
1994
Exterior & Lot
Lot Size
0.60 sqft
Year Built
1994
Garage
4 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Cul-De-Sac, Dead End Street, Paved
Exterior Features
Wood Products
Community & Access
Directions
From I-5 exit 127, Canyon Rd toward Summit. Canyon Rd E, left onto 112th St E, left onto 72nd Ave E, keep right & duplex is second from the left across cul-de-sac, #11002 & #11004
Location
City
Puyallup
County
Pierce
Coordinates
47.15650, -122.33279
Additional Information
Tax Year
2026
Annual Taxes
$8,225
Possession
Array
