Property Details
5902 115th Street E
Puyallup, WA 98373
$749,950
Active
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Property Overview
This amazing investment opportunity is located in a small community of similar duplexes right off of Canyon Road and very close to Hwy 512. Maximize your portfolio returns with this premium, one-level, low-maintenance duplex nestled in a quiet cul-de-sac community. The HOA takes care of most of the landscaping for ultimate ease of ownership. Perfect for seasoned investors or owner-occupants looking to house-hack, this turnkey property features an efficient floor plan with 1,324 SF each side—each boasting a highly rentable 3-bedroom, 2-bathroom layout, individual fully finished and painted 2-car garages, wide driveway, and newer appliances are included. This duplex backs to nature and has woods on the west side for premium privacy that renters will appreciate. Enjoy immediate, predictable cash flow from established, long-term tenants, alongside massive upside potential to capture full market value upon lease renewals. This is an investment opportunity that you cannot afford to miss. Make an appointment to see it today!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Puyallup
Listed
Aug 2, 2026
Structure Type
Duplex
Parcel Number
6024560100
Tax & HOA
Annual Property Tax
$7,761 (2026)
Est. Monthly Tax
$647/mo
HOA Fee
$440/quarterly
Financial Summary
Cap Rate
4.77%
Net Operating Income
$35,783
Gross Scheduled Income
$48,360
Gross Rent Multiplier
15.51
Total Expenses
$12,577
Building & Use
Building Sq Ft
2,648
Leasable Area
2,648 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
10,093 sqft
Year Built
2004
Exterior & Lot
Lot Size
0.23 sqft
Year Built
2004
Garage
4 spaces
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Paved, Sidewalk
Exterior Features
Brick, Wood Products
Community & Access
Directions
From Canyon Road E heading South, turn Left on 112th Street E. Right on 58th Ave E, and then Left on 115th St E. The property will be the first one on the right as you enter the neighborhood.
Location
City
Puyallup
County
Pierce
Coordinates
47.15144, -122.35068
Additional Information
Tax Year
2026
Annual Taxes
$7,761
Possession
Array
Based on information submitted to the MLS GRID as of August 5, 2026 8:15 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.
