Property Details
5813 -5815 98th Street E
Puyallup, WA 98373
$500,000
Pending Inspection
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Property Overview
Don't miss this well-maintained one-story duplex nestled in a Puyallup neighborhood. 5813-5815 98th St E offers investors a turnkey income-producing property with strong rental demand in one of Pierce County's fastest-growing communities.This duplex delivers solid returns from day one with low operating expenses that keep net operating income healthy — making this an attractive addition to any investment portfolio.Located in the heart of Puyallup, residents enjoy convenient access to shopping, dining, schools, and major commuter routes, including Hwy 512 and SR-167. The one-story layout offers broad tenant appeal, including accessibility-conscious renters — a feature that keeps vacancies low and tenants long-term.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Pierce
Neighborhood
South Hill
Listed
May 21, 2026
Structure Type
Duplex
Parcel Number
0419062047
Tax & HOA
Annual Property Tax
$5,792 (2026)
Est. Monthly Tax
$483/mo
Financial Summary
Cap Rate
5.98%
Net Operating Income
$29,898
Gross Scheduled Income
$42,000
Gross Rent Multiplier
11.90
Total Expenses
$10,842
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
1,800
Leasable Area
1,800 sqft
Total Units
2
Lot Size
12,197 sqft
Year Built
1975
Exterior & Lot
Lot Size
0.28 sqft
Year Built
1975
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Exterior Features
Wood
Community & Access
Directions
Take WA-512 E to Canyon Rd exit. Head south on Canyon Rd E, turn left on 98th St E.
Location
City
Puyallup
County
Pierce
Coordinates
47.16858, -122.35133
Additional Information
Tax Year
2026
Annual Taxes
$5,792
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 7:00 PM. 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.
