This listing courtesy of Erich Bubbel , COMPASS
$1,141,000

12813 109th Avenue Ct E, Puyallup, WA 98374

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon0.5acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Winsome Terrace 4 unit | 6.25% CAP: This well-maintained 4-unit multifamily property features four spacious two-bedroom, 1.5-bath townhouse-style units, each offering approximately 1,110 square feet, private back patios, second-floor decks, and wood-burning fireplaces. The property benefits from recent major capital improvements, including a new roof and chimney stacks completed in 2024, along with copper and ABS plumbing, updated electrical panels, and 8 on-site parking spaces. With one unit currently vacant, the property is well-positioned for an owner-occupied buyer seeking potential residential financing options, while investors can immediately place a tenant at market rent and continue stabilizing rents over time. Built in 1983 and located near shopping, dining, schools, employment centers, and major commuter routes, this South Hill asset offers a compelling combination of in-place income, value-add upside, and long-term investment stability in one of Pierce County’s growing rental markets.

Listing Status:
Pending
Data Last Updated:
July 6, 2026 at 7:19AM
Listing Office:
COMPASS : 425-637-7777
Listing Agent:
Erich Bubbel : 425-637-7777
MLS ID:
2534259
  • Flooring: Engineered HardwoodSee RemarksCarpet
  • A/C: None
  • Heating: Baseboard
  • Fireplace: Fireplaces: 0
  • General: Wood Products
  • Parking: Parking spaces: 8
  • Roofing: Composition
  • General: 54 - 4-PlexSee Remarks
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Puyallup
  • County: Pierce
  • Zoning: 9727000070
  • View: See RemarksView
  • Water: See Remarks
  • Sewer: Septic Tank
  • Source: nwmls

This listing courtesy of Erich Bubbel , COMPASS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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