Property Details

7903 115th Street E
Puyallup, WA 98373
$750,000
MLS# 2544598 courtesy of NWMLS Listing firm: Windermere RE South Sound, Inc

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7903 115th Street E, Puyallup, WA 98373, Puyallup

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7903 115th Street E, Puyallup, WA 98373, Puyallup

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Multi-Family
Property Type
2,400
Bldg Sq Ft
2
Units
5.00%
Cap Rate
2002
Year Built

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
Listed By
Kathy Callahan
Windermere RE South Sound, Inc

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