1010 W Pioneer, Puyallup, WA 98371
- $1,100,000
- 2,570
- SqFt
Listing courtesy of Cascade Properties & Invest..
- List Price
- $1,100,000
- Status
- ACTIVE
- MLS#
- 2542836
- Days on Market
- 40
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 2,570
- Area Total SqFt
- 2570
- Annual Tax Ammount
- 7800
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 11,250
- Sewer
- Sewer Connected
Property Description
Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.
Additional Information
- List Date
- 2026-06-18 21:10:35
- Community
- Puyallup Valley
- Net Operating Income
- $64,514
- Gross Adjusted Income
- $80,400
- Gross Scheduled Income
- $80,400
- Total Monthly Income
- $6,700
- Insurance Expenses
- $3,000
- Water/Sewer/Garbage Expenses
- $2,782
- Gross Rent Multiplier
- 13.68
- Total Expenses
- $15,885
- Cap Rate
- 5.86
- Total Number of Units
- 3
- Unit Name
- 1010
- Potential Terms
- Cash, Conventional
- Year Built
- 1967
- Roof
- Metal
- Site Features
- Cable TV, Fenced-Partially, Gas Available, Patio
- Other Expenses
- 2303
- Energy Source
- Natural Gas
- School District
- Puyallup
- Elementary School
- Maplewood Elem
- Middle School
- Aylen Jnr High
- High School
- Puyallup High
- Total Monthly Income
- $6,700
- Gross Scheduled Income
- $80,400
- Gross Adjusted Income
- $80,400
- Tax Year
- 2026
- Insurance Expense
- $3,000
- W/S/G Expenses
- $2,782
- Total Expenses
- $15,885
- Net Operating Income
- $64,514
- Gross Rent Multiplier
- 13.68
- Cap Rate
- 5.86
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.