12902 147th Street E, Puyallup, WA 98374
- $599,900
- 2,610
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $599,900
- Status
- ACTIVE
- MLS#
- 2565261
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Building Condition
- Fixer
- Finished SqFt
- 2,610
- Area Total SqFt
- 2610
- Annual Tax Ammount
- 7562
- Lot Size (sq ft)
- 34,920
- Sewer
- Septic Tank
Property Description
Investor opportunity with upside in a convenient South Hill location. This triplex features three 2-bedroom, 1-bath units, including two units of approximately 870 sq ft & one larger unit of approximately 1,000 sq ft. Property includes a common laundry room, three covered parking spaces & six additional uncovered parking spaces on a large lot with room to improve parking, storage, exterior use & curb appeal. Each unit offers a practical layout with strong rental potential after updates, including flooring, paint, appliances & general cleanup. Existing 6-bedroom septic supports the current bedroom configuration. Excellent opportunity to renovate, stabilize operations & build long-term cash flow. Cash or seller-financing offers preferred.
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Additional Information
- List Date
- 2026-08-05 23:58:11
- Community
- South Hill
- Net Operating Income
- $42,051
- Gross Adjusted Income
- $61,560
- Gross Scheduled Income
- $64,800
- Total Monthly Income
- $5,400
- Insurance Expenses
- $7,567
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 9.25
- Total Expenses
- $19,509
- Cap Rate
- 7
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 12902
- Potential Terms
- Cash, Owner Will Carry
- Year Built
- 1979
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Patio
- Other Expenses
- 1380
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Warren Hunt Elem
- Middle School
- Glacier View Jr High
- High School
- Gov John Rogers Hs
- Total Monthly Income
- $5,400
- Gross Scheduled Income
- $64,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $61,560
- Tax Year
- 2026
- Insurance Expense
- $7,567
- W/S/G Expenses
- $3,000
- Total Expenses
- $19,509
- Net Operating Income
- $42,051
- Gross Rent Multiplier
- 9.25
- Cap Rate
- 7
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.