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JRJeff ReynoldsCompass · Seattle

Listed by Nicholas T. Vilvandre, Keller Williams Downtown Sea

3
Bedrooms
2
Bathrooms
968
Square feet
$454
Per sq ft
Single Family Residence
Type
1950
Year built
5,500 sq ft
Lot
185
Days on market

About this property

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.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2493255
Listed
January 9, 2026
Days on market
185
Price per sq ft
$454
Original list price
$447,850

Unit & building

Unit levels
One

Parking

Parking
DrivewayNoneOff Street

Views

View
Mountains

Construction

Year built
1950
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
BaseboardForced Air
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Bath Off Primary

Flooring

Flooring
LaminateVinyl

Appliances

Appliances
RefrigeratorStove(s)/Range(s)

Lot

Lot features
PavedValue In Land
Lot size
5,500 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Puyallup
Sewer
Puyallup
Power
PSE

Schools

District
Puyallup
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Driveway
  • None
  • Off Street
  • Mountains
  • House
  • Composition
  • Baseboard
  • Forced Air
  • Electric
  • Natural Gas
  • Bath Off Primary

Listing history

  1. Listed

    $447,850

    January 9, 2026

  2. Current price

    $439,750

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,561

Principal & interest
$2,224
Property tax (est.)
$337

Assumes $87,950 down (20%), a $351,800 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.