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Leighton Thetford

lhthetford@gmail.com +1(206) 900-6251

Listed by:Redfin • Victoria Baptiste

$ 1,085,000

Est. payment -/mo

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Pending

11214 126th Avenue Ct E Puyallup, WA 98374

8 Beds

8 Baths

4,072 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,072 sqft

Price per Sqft $266

Subdivision Shaw Road

MLS Listing ID 2502695

Style 54 - 4-Plex

Bedrooms 8

Year Built 1979

Annual Tax Amount $1,180

Lot Size 0.780 Acres

Property Sub-Type Multi Family

Property Description

Seize a truly exceptional investment opportunity with this fully occupied, income-generating 4-plex. This turnkey asset offers immediate cash flow with 100% occupancy, minimizing investor risk and maximizing immediate returns. The true game-changer is the property's rarely seen scale: it sits on a sprawling 0.78-acre parcel. This substantial acreage is the engine of future value appreciation, offering a clear path to expansion or subdivision for additional units, effectively future-proofing your investment. The building itself is meticulously designed for high tenant appeal and retention, featuring four identical, spacious 1,000 square foot units, each with a highly desirable 2-bedroom, 1.5-bathroom configuration. The quality of the units is a major draw; three have been upgraded with modern finishes, and all four include highly coveted in-unit washer/dryers and private balconies/patios, amenities that ensure long-term tenancy. The excellent location and strong unit mix, the property offers generous on-site parking, including both covered and uncovered spaces, plus dedicated RV parking, further enhancing tenant convenience. This is more than just a four-plex; it is a strategically located, immediately profitable asset with unparalleled potential for substantial capital growth through future development. Don't miss this opportunity to acquire a cash-flowing property that delivers stable income now while providing a foundational asset for a future large-scale project.

Location

State WA

County Pierce

Area 86 - Puyallup

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially, Patio, RV Parking

View Y/N No

Roof Type Composition

Building

Lot Description Cul-De-Sac, Dead End Street, Paved, Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Puyallup

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

Leighton Thetford

Agent

+1(206) 900-6251

Leighton Thetford

11214 126th Avenue Ct E Puyallup, WA 98374

Key Details

Location

Interior

Exterior

Building

Schools

Others

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11214 126th Avenue Ct E