8511 116th Street East
Puyallup, WA 98373
$695,000
Price
4
Beds
4
Baths
2,160 Sq. Ft.
$322 / Sq. Ft.
2,160
Sq. Ft.
$322
per Sq. Ft.
Listing provided courtesy of John L. Scott, Inc.
Description
Discover this lucrative remodeled brick duplex, a standout gem in the heart of Puyallup. Large corner lot sitting on just over 1/4 acre. With its durable exterior & high-demand location, this property offers unbeatable long-term value & minimal maintenance. Recently remodeled units with fresh paint, updated cabinets & bathrooms + a BRAND NEW ROOF. Each unit features spacious layouts, modern amenities, & strong rental potential. Perfect for savvy investors looking to capitalize on a high-yield asset....Discover this lucrative remodeled brick duplex, a standout gem in the heart of Puyallup. Large corner lot sitting on just over 1/4 acre. With its durable exterior & high-demand location, this property offers unbeatable long-term value & minimal maintenance. Recently remodeled units with fresh paint, updated cabinets & bathrooms + a BRAND NEW ROOF. Each unit features spacious layouts, modern amenities, & strong rental potential. Perfect for savvy investors looking to capitalize on a high-yield asset. First-time homebuyer investment hack! – Live in one side & rent the other to reduce your monthly mortgage payment. Don’t miss out on this exceptional chance to expand your portfolio in a thriving market! Shopping, restaurants, fwy access & more.
- Listed by Mike Mansour • John L. Scott, Inc.
Property Details for 8511 116th Street East
Community Name
Puyallup
School DistrictFranklin Pierce
ViewTerritorial
Number of Assigned Spaces6
Total Covered Parking2
Entry Date08-22-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 11/13/2024 10:44 AM
Property Details for 8511 116th Street East
| Status | Active |
|---|---|
| MLS # | 2280765 |
| Days on Market | 87 |
| Cumulative Days on Market | 70 |
| Taxes | $5,814 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1975 |
| Lot Size | 0.33 AC / 14,375 SF |
| County | Pierce County |
Building Information for 8511 116th Street East
Stories1Residences2Year Built1975Building Size-Lot Size0.33 AC / 14,375 SF
Property Information for 8511 116th Street East
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, High Speed Internet
- Area: 87 - Puyallup
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: 512 to South Hill. Take SH mall exit, R on 31st Ave SW, L on 94th Ave E, R onto 112th St E/39th Ave SW - Pass Costco then L on 86th Ave E, R onto 116th St E, Duplex on Right
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2025
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 4
Interior Features
- Fireplaces Total: 0
- Floor Covering: Ceramic Tile, Laminate, Vinyl Plank, Carpet
- Features: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Company: PSE
- Water Company: Fruitland
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Public Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1986
- Photos Count: 28
Lot Information
- Lot Details: Corner Lot, Paved
- Lot Size Source: Public Records
- Parcel Number Free Text: 041908-5-004
- Building Condition: Remodeled
- Calculated Square Footage: 2160
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2160.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 1
- Vacancy Rate: 3
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 5814
- Gross Adjusted Income: 4395
- Gross Rent Multiplier: 13
- Gross Scheduled Income: $4,395
- Insurance Expense: $0
- Net Operating Income: $4,395
- Other Expenses: $0
- Total Monthly Income: 4395
- Fuel Expense: $0
Unit 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1080
- Rent Unit 1: $2,095.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1080
- Rent Unit 2: $2,300.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Vacant
- Leasable Area: 2160.0
- Leasable Area Units: Square Feet
Property History for 8511 116th Street East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8511 116th Street East
Taxable ValueLand$192,300Additions$358,500Total$550,800
Tax Record2024$5,814 ($485 / month)
Home Facts
Total Finished SqFt2,160 SqFtAbove Ground SqFt2,160 SqFtStories1Lot Size14,375 SqFtStyleDuplexYear Built1975Year Renovated1986ZoningMSFCountyPIERCEAPN0419085004Fireplace TypeHas Fireplace
Schools near 8511 116th Street East
This home is within Puyallup School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 9 | |||
| Public - | 9 to 12 | |||
| Public - | K to 12 |
Rating | School | Distance |
|---|---|---|
Woodland Elementary School PublicK to 6 | ||
Ballou Jr High School Public7 to 9 | ||
Gov John Rogers High School Public9 to 12 | ||
Puyallup Online Academy/Poa PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of John L. Scott, Inc.
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.
