10712 64th Avenue E

Puyallup, WA98373

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.

Courtesy of NWMLS
Listing courtesy of Charles Burnett of Real Broker LLC



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Last checked: 2026-03-07 10:24 AM PST