Property Details
9605 52nd Avenue Ct E #1-8
Puyallup, WA 98373
$2,140,000
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Property Overview
Great investment opportunity! Offered are 4 Duplexes, all condominiumized into separate units. Purchase all as rentals now and sell in the future as single units or all together – the options are yours. They are mostly 2 bedroom units with 1.5 bathrooms, with a 1 one bedroom 1 bath unit. Square footages range from 1080 to 1283 +/- square feet. All sitting within a spacious lot in its own cul-de-sac. Your future self will thank you for making a great investment.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Pierce
Neighborhood
Summit
Listed
Mar 17, 2026
Original Price
$2,595,000
Structure Type
Multi Family
Parcel Number
9011090010
Tax & HOA
Annual Property Tax
$34,446 (2025)
Est. Monthly Tax
$2,871/mo
Financial Summary
Cap Rate
3.87%
Net Operating Income
$116,154
Gross Scheduled Income
$155,400
Gross Rent Multiplier
19.30
Total Expenses
$39,246
Vacancy Rate
5.0%
Building & Use
Leasable Area
9,400 sqft
Total Units
8
Year Built
1989
Exterior & Lot
Lot Size
1.00 sqft
Year Built
1989
Garage
1 spaces
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Public
Lot Features
Paved
Exterior Features
Wood Products
Community & Access
Directions
North on Canyon Road to 96th St. E, left (west) on 96th to 52nd Ave. E. Turn left into property.
Location
City
Puyallup
County
Pierce
Coordinates
47.16974, -122.35879
Additional Information
Tax Year
2025
Annual Taxes
$34,446
Possession
Array
