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Pending · Residential Income

12926 78th Avenue E, Puyallup, WA 98373

Puyallup, WA 98373

$950,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by John L. Scott, Inc. · MLS #2515196 · Pending

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About this property

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.

Property details

Property type
Multi Family
Year built
2019
Lot size
25,200 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$7,611 (2026)
Parking spaces
12
School district
Puyallup
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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IDX information is provided exclusively for consumers’ personal, noncommercial use to identify prospective properties they may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Some IDX listings have been excluded from this website: search includes current Active, Active Under Contract, Pending and Coming Soon listings.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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