916 40th Avenue Sw, Puyallup, WA 98373

Puyallup
Local realty services provided by:RSVP Brokers ERA
Listed by: michael pollock
Office: northwest premier brokers
MLS#:2539983
Source:NWMLS
916 40th Avenue Sw,Puyallup, WA 98373
$649,950
  • - Beds
  • - Baths
  • 1,750 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$649,950
  • Price per sq. ft.:$371.4

About this home

Rare investment opportunity in Puyallup's desirable South Hill. This well-maintained duplex with long term tenants has never been vacant during the sellers ownership. It offers stable income today with a clear path to increased returns. Both units include large fully fenced yards with decks, attached 1-car garages and additional driveway parking. The property has enjoyed exceptional occupancy with long-term tenants. Current rents are slightly below market, providing a value-add opportunity for the next owner. Existing leases have less than six months remaining, allowing a defined timeline for potential rent increases and improved cash flow to the already existing solid amount. New countertops are currently being installed throughout both units and are not reflected in the current photos. Tenants enjoy a single-family-home feel with the large fenced backyards, contributing to strong retention and consistent rental demand. Conveniently located near SR-512, shopping, dining, parks...

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Home facts

  • Year built:1992
  • Listing ID #:2539983
  • Updated:June 17, 2026 at 12:43 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:1,750 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1992
  • Building area:1,750 sq. ft.
  • Lot area:0.31 Acres
  • Lot Features:Corner
  • Construction Materials:Wood Products Exterior Finish
  • Exterior Features:Fenced-Fully

Schools

  • High school:Gov John Rogers Hs
  • Middle school:Ballou Jnr High
  • Elementary school:Edward Zeiger Elem

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$649,950
  • Price per sq. ft.:$371.4
  • Tax amount:$5,821 (2026)

Parking

  • Total parking spaces:6
  • Garage:Yes
  • Garage spaces:2
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