Duplex with Daylight Basement
12325 VALLEY AVE E Puyallup, WA 98390
12325 VALLEY AVE E, Puyallup, WA, 98390
$650,000
For Sale
$650,000
Puyallup duplex on a 33,977 sq. ft. lot with six carports, two garages, and a daylight basement for potential expansion.
Property Size1,664 SF
Lot Size0.78 Acres
Price / SF$390.63
Days on Market243
Property Features for 12325 VALLEY AVE E
General Information
- Standard status
- Active
- Size
- 1,664 SF
- Lot size
- 0.78 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1965
Listing agency
Munn Bro's Hood Canal Prop Inc
(360) 518-7197
Listed by
Scott Dickinson
(360) 518-7197
Source
Premierepropertygroup
Added: Nov 20, 2025 Updated: Jul 21 at 5:44PM Checked: Jul 21 at 5:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Munn Bro's Hood Canal Prop Inc
Investment Insights
Based on property information with market context.
This duplex offers a practical residential income layout on a 33,977 sq. ft. lot. The property includes six carports and two garages, along with a full day light basement that provides flexibility for possible additional units, or for building another duplex on the front lot.
The home is located in Puyallup, positioned between Puyallup and Sumner.
With its existing carport and garage count and a basement designed to support further options, the property may appeal to buyers looking for a duplex with on-site space to consider future development or unit expansion, subject to applicable requirements.
The home is located in Puyallup, positioned between Puyallup and Sumner.
With its existing carport and garage count and a basement designed to support further options, the property may appeal to buyers looking for a duplex with on-site space to consider future development or unit expansion, subject to applicable requirements.
Key Highlights
- Puyallup duplex on a 33,977 sq. ft. lot (0.78 acres) between Puyallup and Sumner
- Includes 6 carports, 2 garages, and 20 uncovered parking spaces
- 1‑story home with 1,664 total building area and poured concrete foundation
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $20.16 |
| − Vacancy | −$2.4k | −$1.42 |
| EGI | $31.2k | $18.74 |
| − OpEx | −$9.4k | −$5.62 |
| NOI | $21.8k | $13.12 |
1,664 SF · lease $20.16/SF/yr · vacancy 7.03% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.9K
$272.9K – $363.9K
NOI $21,832 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$287.7K
$251.7K – $335.6K
NOI $20,136 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$449.4K
$393.3K – $524.3K
NOI $31,460 @ 7.0% cap · market cap 4.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Puyallup duplex on a 33,977 sq. ft. lot with six carports, two garages, and a daylight basement for potential expansion.
Where is this duplex located?
The property is located at 12325 VALLEY AVE E Puyallup, WA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Puyallup duplex on a 33,977 sq. ft. lot (0.78 acres) between Puyallup and Sumner; Includes 6 carports, 2 garages, and 20 uncovered parking spaces; 1‑story home with 1,664 total building area and poured concrete foundation
