10712 64th Avenue E, Puyallup, WA 98373

Property Description

Solid, Turn-key Fourplex on a rare .57-acre lot in a quiet, rural setting with potential to add additional units or an ADU (buyer to verify). Major systems have been updated, including newer windows, roof, exterior paint, and interior improvements, minimizing near-term capital expenses. All units are 2 bed / 1 bath; upper units feature balconies and lower units offer private patios. A shared coin-op laundry provides additional income and tenant convenience. The outbuilding/garage is currently unused and could provide additional rental income. The property is fully occupied with strong tenants (two in leases, two month-to-month). Current rents are below market, offering clear upside through future increases. 8.5% Market Cap Rate (6.5% Current), this is an attractive opportunity for investors or owner-occupants looking to house hack. Conveniently located near shopping, schools, and transit, this property benefits from consistent rental demand and long-term growth potential.

Listing Status:

Active

Data Last Updated:

March 15, 2026 at 7:22AM

Listing Office:

Real Broker LLC : 855-450-0442

Listing Agent:

Charles Burnett : 855-450-0442

MLS ID:

2488035

Interior

• Flooring: Ceramic TileEngineered Hardwood
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0

Exterior

• General: Wood
• Parking: Parking spaces: 8

Construction

• Roofing: Composition
• General: 54 - 4-PlexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Puyallup
• County: Pierce

Lot

• Zoning: 4465000079
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Septic Tank

Financial

• Source: nwmls