Sewer connection is currently in progress and anticipated to be completed prior to closing. Solid, turn-key duplex offering exceptional flexibility and long-term upside. Ideal for both experienced investors and owner-occupants, this charming "dollhouse" duplex has been thoughtfully maintained and features a strong occupancy history, excellent visibility, and consistent rental demand. Both units are currently occupied and generating $2,795 per month in rental income (Unit A: $1,295/month; Unit B: $1,500/month), providing immediate cash flow and an attractive 5.5% cap rate. Please do not disturb tenants; drive-by only. Well-positioned for immediate income while offering future redevelopment potential. Commercial zoning creates compelling upside for investors seeking long-term appreciation and mixed-use opportunities. Buyer to verify all zoning, development potential, permitting requirements, sewer completion status, cap rate calculations, and intended uses to their satisfaction.
210 days
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318
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14
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Zillow last checked:
Listing updated:
Listed by:
Nicholas T. Vilvandre,
Keller Williams Downtown Sea
Source: NWMLS as distributed by MLS GRID,MLS#: 2466714
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 2
Heating
Baseboard, Forced Air, Electric, Natural Gas
Cooling
None
Features
Flooring: Laminate, Vinyl
Has fireplace: No
Interior area
Total structure area: 968
Total interior livable area: 968 sqft
Property
Parking
Total spaces: 8
Parking features: Open
Uncovered spaces: 8
Lot
Size: 5,501 Square Feet
Features: Paved, Value In Land, Cable TV, Fenced-Partially, High Speed Internet
Details
Parcel number: 2245000110
Zoning description: Commercial,Multi-Family,Jurisdiction: City
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Duplex
Property subtype: Duplex, Multi Family
Materials
Wood Products
Foundation: Poured Concrete
Roof: Composition
Condition
Year built: 1950
Major remodel year: 1967
Utilities & green energy
Electric: Company: PSE
Sewer: Available, Septic Tank, Company: Puyallup
Water: Public, Company: Puyallup
Community & HOA
Community
Subdivision: Puyallup
Location
Region: Puyallup
Financial & listing details
Price per square foot: $454/sqft
Annual tax amount: $3,989
Date on market: 1/9/2026
Cumulative days on market: 211 days
Listing terms: Conventional
Estimated market value
Zestimate®
$437,000
Estimated sales range
$415,000 - $459,000
Rent Zestimate®
$1,956/mo
Price history
Date
Event
Price
6/10/2026
Price change
$439,750-1.1%$454/sqft
Source: NWMLS as distributed by MLS GRID #2466714Report a problem
3/20/2026
Price change
$444,750-0.7%$459/sqft
Source: NWMLS as distributed by MLS GRID #2466714Report a problem
1/10/2026
Listed for sale
$447,850+238%$463/sqft
Source: NWMLS as distributed by MLS GRID #2466714Report a problem
6/30/2014
Sold
$132,500$137/sqft
Source: NWMLS as distributed by MLS GRID #578602Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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