Meticulously maintained duplex in Puyallup offering a rare investment opportunity with an estimated 5.5% cap rate. Ideal for owner-occupants or investors—live in one unit and generate income from the other, or lease both and expand your portfolio. Built in 2019, this rambler-style duplex sits on over ½ acre at the… Read More end of a quiet dead-end street, providing privacy with minimal traffic. Each unit features 2 bedrooms, 2 bathrooms, and just over 1,100 sq ft, along with attached 2-car garages. Thoughtfully designed with modern finishes, including LVP flooring, quartz countertops, stainless steel appliances, ductless mini-split systems, and in-unit washer/dryer. The primary suites include walk-in closets and double vanity sinks, offering both comfort and functionality. A detached shop/garage adds flexibility for additional income, storage, or workspace. Strong rental appeal—one unit already leased (secured within 24 hours)—making this a turnkey opportunity. Additional highlights include ample parking, RV parking with power hookup, and optional rental income from the detached garage. Bonus opportunity: The property is equipped with an additional 200-amp power service, originally planned for an ADU—offering future development potential for added value or income. Conveniently located just minutes from Costco, major freeways, shopping, and dining, this property combines seclusion, modern living, and income potential in one exceptional package. Read Less
Listing courtesy of John L. Scott, Inc.
Listing Snapshot
Cumulative Days On Market
43
Days on Website
44
Last Updated
Property Type
Duplex
Square Ft.
2,210
Lot Size
0.58 Acres
Year Built
2019
Property Tax
$7,611
MLS Number
2515196
30 Days Snapshot Of 98373
$550k
-9%
(avg) sold price
29
+38%
homes sold
76
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 2210, Building Area Units: Square Feet, Calculated Square Footage: 2210, Elevation Units: Feet, Leasable Area: 2208, Living Area: 0, Number Of Units Total: 2, Stories Total: 1, Structure Type: "Duplex", Units In Building Total: 2, Year Built: 2019, Year Built Effective: 2019
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. Listings last updated on ,
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