Property Details
7903 115th Street E
Puyallup, WA 98373
$750,000
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Property Overview
Excellent investment opportunity! This fully fenced townhome-style duplex is tucked away on a quiet dead-end street, offering privacy, convenience, and strong income potential. Each spacious 1,200 SF unit features 3 bedrooms, 1.5 baths, a full-size kitchen, comfortable living room with a cozy fireplace, attached 1-car garage, and a primary suite with a large walk-in closet. Enjoy outdoor living with a nice deck and large fully fenced yard—perfect for entertaining, pets, or play. A new septic system provides added peace of mind and minimal maintenance. Generate immediate income with current tenants already in place or take advantage of the ideal owner-occupied investment opportunity. Enjoy the tranquility of a peaceful rural setting while remaining just minutes from Highway 512, JBLM, schools, shopping, and restaurants.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Puyallup
Listed
Jun 23, 2026
Structure Type
Duplex
Parcel Number
5325000453
Tax & HOA
Annual Property Tax
$6,736 (2026)
Est. Monthly Tax
$561/mo
Financial Summary
Cap Rate
5.00%
Net Operating Income
$39,024
Gross Scheduled Income
$47,160
Gross Rent Multiplier
15.90
Total Expenses
$8,136
Building & Use
Building Sq Ft
2,400
Leasable Area
2,400 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
19,293 sqft
Year Built
2002
Exterior & Lot
Lot Size
0.44 sqft
Year Built
2002
Garage
2 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Cul-De-Sac, Dead End Street, Paved
Exterior Features
Wood
Community & Access
Directions
Downtown Puyallup, 512 to South Hill Mall exit, turn right on 31st Ave SW, left onto Fruitland, left onto 112th St E, right onto 80th Ave E, right onto 115th St E.
Location
City
Puyallup
County
Pierce
Coordinates
47.15222, -122.32398
Additional Information
Tax Year
2026
Annual Taxes
$6,736
Possession
Array
