11214 126th Avenue Ct E Puyallup, WA $ 1,085,000
11214 126th Avenue Ct E
$ 1,085,000
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11214 126th Avenue Ct E

Puyallup, WA, 98374
$ 1,085,000
Baths0.0 Sq 4,072

Monthly Estimate*

$ 6,681

Listed by Redfin
11214 126th Avenue Ct E, Puyallup, WA 98374 - Image 1
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Studio

Multi-Family Home for sale in Puyallup, WA

for $1,085,000. This 4,072 square foot home was built in 1979 on a lot size of 0.78.

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.

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Multi-Family Active

Price

$ 1,085,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,180

Style

4-Plex

Lot Size

0.78

Year Built

1979

Town/City

Puyallup

County/Region

Pierce

MLS | Web ID

2502695

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1979
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 57900
Insurance Expense 2500
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Shaw Road
Special Listing Conditions None
Status Active
Directions Turn off of Shaw Rd E onto 112th St E. Turn left on 126th Ct E. Property on the left.
High School Buyer To Verify
City Puyallup
Senior Community Y/N N
High School District Puyallup
Number Of Units Total 4
MLS Area 86 - Puyallup
Lot Size Units Square Feet
Lot Size Square Feet 33977
Carport Spaces 10
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 1180
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks 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 maxi
Leasable Area 4072
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Water Company Puyallup
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 5.39
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Exterior
Exterior Amenities Wood
Parking Features RV Parking
Lot Features Cul-De-Sac Dead End Street Paved Value In Land
Water Source Public
Total Parking 10
Foundation Details Poured Concrete
Building Area Total 4072
Lot Size Acres 0.78
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Fenced-Partially Patio RV Parking
Parking Uncovered Total 6
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Interior
Flooring Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2502695
Street Number 1 11214
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* Excluded Features
List By
Victoria Baptiste

Listing Agent

Redfin

Broker

Affordability Calculator

$6,779
Per Month
99%
1%
0%
Monthly Principal & Interest
$6,681
Monthly Property Taxes
$98
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100633 Elementary School
3100499 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$1,085,000 Listed Price

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11214 126th Avenue Ct E, Puyallup, WA, 98374 is a Multi-Family Home for sale at $1,085,000 with 4,072 sqft and a lot size of 0.78. 11214 126th Avenue Ct E is a studio with 0.0 baths and was built in 1979. The property's zip code is 98374 which is in Puyallup, WA