Property Details
2023 -2021 14th Avenue NW
Puyallup, WA 98371
$639,950
Contingent
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Property Overview
Instant income opportunity for savvy investors, house hackers, and buyers ready to begin building long-term wealth. This well-maintained duplex offers two 2-bed/1-bath units, each with its own utility room, covered patio, and fenced yard—features that support strong tenant appeal and everyday livability. One unit also includes a fenced garden area, adding even more charm and usable outdoor space. With strong rental history and consistent occupancy, this property offers reliable income potential in a high-demand rental area. The property offers convenient access to everyday essentials, 10min to most commuter routes (167/512 interchange and I-5), and local amenities—making it especially attractive to long-term tenants. Nearby downtown shopping and dining spots, Peach Park, Clarks Creek parks, and transit options like the Sounder train — all contribute to consistent rental demand and ease of living. A practical layout paired with private outdoor areas make each unit feel comfortable and self-contained, while the duplex setup creates flexibility for a range of ownership goals. Live in one side and offset your mortgage with rental income, lease both units for dependable cash flow, or add a solid asset to your growing portfolio. Whether you are a first-time investor looking for a launching place or an seasoned buyer seeking a proven income property, this duplex checks the boxes for versatility, demand, and long-term potential. Opportunities like this don't last long.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Contingent
County
Pierce
Neighborhood
Downtown
Listed
Apr 16, 2026
Original Price
$649,950
Structure Type
Duplex
Parcel Number
0420204143
Tax & HOA
Annual Property Tax
$6,381 (2026)
Est. Monthly Tax
$532/mo
Financial Summary
Cap Rate
4.60%
Net Operating Income
$29,959
Gross Scheduled Income
$40,800
Gross Rent Multiplier
15.93
Total Expenses
$10,841
Building & Use
Building Sq Ft
1,776
Leasable Area
1,776 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
11,648 sqft
Year Built
1967
Exterior & Lot
Lot Size
0.27 sqft
Year Built
1967
Garage
2 spaces
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Dead End Street, Paved
Exterior Features
Brick, Wood
Community & Access
Directions
GPS Friendly
Location
City
Puyallup
County
Pierce
Coordinates
47.20435, -122.32193
Additional Information
Tax Year
2026
Annual Taxes
$6,381
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 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.
