Property Details

15408 74th Avenue E
Puyallup, WA 98375
$1,095,000
MLS# 2542869 courtesy of NWMLS Listing firm: Keller Williams Rty Tacoma

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15408 74th Avenue E, Puyallup, WA 98375, Puyallup

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15408 74th Avenue E, Puyallup, WA 98375, Puyallup

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Multi-Family
Property Type
4,164
Bldg Sq Ft
5
Units
5.51%
Cap Rate
1979
Year Built

Property Overview

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 propert

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Pierce
Neighborhood South Hill
Listed Jun 18, 2026
Structure Type Quadruplex
Parcel Number 0419207006

Tax & HOA

Annual Property Tax $10,260 (2026)
Est. Monthly Tax $855/mo

Financial Summary

Cap Rate 5.51%
Net Operating Income $60,358
Gross Scheduled Income $83,448
Gross Rent Multiplier 13.12
Total Expenses $18,918
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 4,164
Leasable Area 4,164 sqft
Total Units 5
Lot Size 1.08 acres
Year Built 1979

Exterior & Lot

Lot Size 1.08 sqft
Year Built 1979
Garage 4 spaces
Exterior Materials Wood
Sewer Septic Tank
Water Source Public
Exterior Features Wood, Wood Products

Community & Access

Directions GPS

Location

City Puyallup
County Pierce
Coordinates 47.11660, -122.33142

Additional Information

Tax Year 2026
Annual Taxes $10,260
Possession Array
Listed By
Derek Johnson
Keller Williams Rty Tacoma

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