Property Details

219 7TH Street NE
Puyallup, WA 98372
$799,000
MLS# 2542334 courtesy of NWMLS Listing firm: Pellego, Inc.

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219 7TH Street NE, Puyallup, WA 98372, Puyallup

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219 7TH Street NE, Puyallup, WA 98372, Puyallup

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Multi-Family
Property Type
2,872
Bldg Sq Ft
2
Units
5.30%
Cap Rate
1994
Year Built

Property Overview

Rare opportunity to own a spacious duplex on a large, flat lot with every type of parking imaginable for each unit—attached garages, abundant off-street parking, dedicated RV parking, and more! Whether you're an investor or owner-occupant, this property offers the perfect blend of comfort, flexibility, and income potential. Unlike many duplexes, each unit lives more like a single-family home, featuring a functional layout with a bedroom, bathroom, living room, and kitchen on the main floor, plus a large, massive primary suite upstairs. Each unit has its own separately metered water and electricity. Well-maintained with attractive landscaping and plenty of outdoor space, this property is designed for long-term tenant appeal and ease of ownership. Ideally located near downtown Puyallup shopping, dining, parks, transit, and major commuter routes. A rare investment opportunity with strong rental demand, stable income potential, and long-term upside in a highly desirable location.

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 0420272081

Tax & HOA

Annual Property Tax $8,193 (2026)
Est. Monthly Tax $683/mo

Financial Summary

Cap Rate 5.30%
Net Operating Income $42,380
Gross Scheduled Income $52,200
Gross Rent Multiplier 15.31
Total Expenses $9,820

Building & Use

Building Sq Ft 2,872
Leasable Area 2,872 sqft
Total Units 2
Lot Size 9,958 sqft
Year Built 1994

Exterior & Lot

Lot Size 0.23 sqft
Year Built 1994
Garage 2 spaces
Exterior Materials Cement, Wood
Sewer Sewer Connected
Exterior Features Cement/Concrete, Wood

Community & Access

Directions E Main Ave to 7th St NE, north to property at 219 7th St NE in downtown Puyallup.

Location

City Puyallup
County Pierce
Coordinates 47.19329, -122.28544

Additional Information

Tax Year 2026
Annual Taxes $8,193
Possession Array
Listed By
Ly Le
Pellego, Inc.

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