Property Details
12612 153rd Street E
Puyallup, WA 98374
$770,000
Active
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Property Overview
Well-maintained duplex on a rare 1.25-ACRE wooded lot in a quiet, private setting. Built in 2003, this property features two spacious townhome-style units, each offering 3 bedrooms, 2.5 baths, and oversized 2-car garages. Major recent upgrades include a new roof, new siding, fresh exterior paint, and updated flooring, appliances, and interior paint in the vacant unit. One unit has been intentionally left vacant to allow for easy showings and to create an excellent opportunity for an owner-occupant buyer to offset their mortgage with rental income. The combination of large unit sizes, extensive recent improvements, garage space, and the secluded woodsy setting makes this a rare offering with strong appeal for both investors and owner-occupants.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
South Hill
Listed
May 15, 2026
Structure Type
Duplex
Parcel Number
0419238041
Tax & HOA
Annual Property Tax
$9,850 (2026)
Est. Monthly Tax
$821/mo
Financial Summary
Cap Rate
6.50%
Net Operating Income
$49,830
Gross Scheduled Income
$63,600
Gross Rent Multiplier
12.00
Total Expenses
$11,862
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
2,650
Leasable Area
3,622 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
1.25 acres
Year Built
2003
Exterior & Lot
Lot Size
1.25 sqft
Year Built
2003
Garage
4 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Community
Exterior Features
Wood Products
Community & Access
Directions
Google Maps Works – 129th Ave E to 154th St E to 127th Ave E to 153rd St E, end of road
Location
City
Puyallup
County
Pierce
Coordinates
47.11780, -122.26110
Additional Information
Tax Year
2026
Annual Taxes
$9,850
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:09 AM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
