2609 W Stewart Unit #A & B, Puyallup, WA 98378
- $599,950
- 1,404
- SqFt
Listing courtesy of Solution Partners NW.
- List Price
- $599,950
- Status
- PENDING INSPECTION
- MLS#
- 2553952
- Days on Market
- 9
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 1,404
- Area Total SqFt
- 1404
- Annual Tax Ammount
- 5097.04
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 8,712
- Sewer
- Septic Tank
- Bank Owned
- Yes
Property Description
Discover a premier turnkey investment opportunity in Puyallup. This beautifully updated duplex is the ultimate addition to your portfolio and serves as the perfect vehicle for a seamless 1031 exchange. Both units are secured with 1-year rental agreements. Remodeled kitchen and bath in 2022, the property boasts incredible structural and mechanical longevity, featuring a newer roof (2022) and a brand-new septic system installed in 2026. The property is equipped with EV and washer & dryer hookups. Each unit features a 2-bedroom, 1-bathroom layout spanning 702 square feet of modernized living space. Commuters will love the central location situated perfectly between I-5 and Highway 167, providing rapid access to major employment hubs. Close to downtown shopping, dining, parks and the Sounder train. This property has offered a reliable income with a strong rental history and consistent occupancy for more than 20 years. Do not miss this opportunity.
/u.realgeeks.media/thetothgroup/KellerWilliams_logo-min.png){kind=logo}
Additional Information
- List Date
- 2026-07-17 14:28:12
- Community
- Puyallup
- Net Operating Income
- $39,037
- Gross Adjusted Income
- $39,037
- Gross Scheduled Income
- $48,000
- Total Monthly Income
- $4,000
- Insurance Expenses
- $1,766
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 12.4
- Total Expenses
- $8,963
- Cap Rate
- 15.36
- Total Number of Units
- 2
- Unit Name
- 2609
- Potential Terms
- Cash, Conventional
- Year Built
- 1965
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Electric Car Charging, Fenced-Partially, Gas Available, High Speed Internet, Patio
- Other Expenses
- 299
- Energy Source
- Electric, Natural Gas
- School District
- Puyallup
- Elementary School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,000
- Gross Scheduled Income
- $48,000
- Gross Adjusted Income
- $39,037
- Tax Year
- 2025
- Insurance Expense
- $1,766
- W/S/G Expenses
- $1,800
- Total Expenses
- $8,963
- Net Operating Income
- $39,037
- Gross Rent Multiplier
- 12.4
- Cap Rate
- 15.36
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.