5902 115th Street E, Puyallup, WA 98373

$749,950
2,648
SqFt

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Listing courtesy of Washington First Properties.

List Price
$749,950
Status
ACTIVE
MLS#
2563334
Days on Market
0
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,648
Area Total SqFt
2648
Annual Tax Ammount
7761
Internet Provider
Comcast/Xfinity
Lot Size (sq ft)
10,095
Sewer
Sewer Connected

Property Description

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!

Additional Information

List Date
2026-08-03 01:43:10
Community
Puyallup
Net Operating Income
$35,783
Gross Adjusted Income
$48,360
Gross Scheduled Income
$48,360
Total Monthly Income
$4,030
Insurance Expenses
$1,496
Water/Sewer/Garbage Expenses
$1,560
Gross Rent Multiplier
15.51
Total Expenses
$12,577
Cap Rate
4.77
Total Number of Units
2
Unit Name
5902
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
2004
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Gas Available, Patio
Other Expenses
1760
Energy Source
Natural Gas
School District
Puyallup
Total Monthly Income
$4,030
Gross Scheduled Income
$48,360
Gross Adjusted Income
$48,360
Tax Year
2026
Insurance Expense
$1,496
W/S/G Expenses
$1,560
Total Expenses
$12,577
Net Operating Income
$35,783
Gross Rent Multiplier
15.51
Cap Rate
4.77
Based on information submitted to the MLS GRID as of . 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 noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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