Property Details
15408 74th Avenue E
Puyallup, WA 98375
$1,095,000
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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
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