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 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.
Listing Provided Courtesy of Mike Mansour, John L. Scott, Inc.
General Information
NWM2515196
Multi Family
0
DOM
0.58 acres
2210
2019
Multi-F
Pierce
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Mike Mansour, John L. Scott, Inc.
Krishna Realty data last checked: Apr 29, 2026 23:16 | Listing last modified Apr 29, 2026 22:04,
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Residence Information
2210
Composition
6,
52 - Duplex
2019
Poured Concrete
Storage
Features and Utilities
Wood, Wood Products
Public
Septic Tank
0
Financial
7610.71
Cash, Conventional, FHA, VA Loan
04-29-2026
Comparable Information
0
0
Cash, Conventional, FHA, VA Loan
$950,000
$950,000
Apr 29, 2026 22:04
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
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 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.