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Duplex with Full Basement
For Sale
$495,000

12325 Valley Ave E, Sumner, WA 98390

Two vacant units, garage parking, and a substantial lot support immediate repositioning.

Property Size1,660 SF
Lot Size0.78 Acres
Price / SF$298.19
Days on Market50

Property Features for 12325 Valley Ave E

General Information

Standard status Active
Size 1,660 SF
Total Parking Spaces 8
Lot size 0.78 Acres
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence NEEDS SOME TLC.

Additional Details

Multifamily Units 2

Building Details

Year Built 1965
Listing Agency: John L. Scott, Inc.
Listed By: Bob Green
Source: Montgomeryht
Added: Aug 26 Changed: Oct 12 Last Checked: Oct 5 at 10:26PM

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 John L. Scott, Inc.

Investment Insights

Based on property information with market context.

This 1965 duplex contains 1,664 SF and is configured as two separate residential units. Both units are vacant, allowing a new owner to address needed improvements and prepare the property for occupancy. A full basement adds interior utility, while the site includes two garages and a 6-car carport.

The property occupies a 33,977-square-foot lot at 12325 Valley Ave E in Sumner, Washington. The existing improvements provide a straightforward multifamily layout with multiple parking structures and additional basement space. Rear decks require caution and should not be accessed on foot.

Key Highlights

  • Two‑unit duplex totaling 1,664 SF
  • Both units are vacant
  • 33,977‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,779
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,580 $435.6K
Cap Rate 7%
$311,129 $311.1K
Cap Rate 9%
$241,989 $242.0K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$33.5K $20.16/SF
− Vacancy
−$2.4K −$1.42/SF
EGI
$31.1K $18.74/SF
− OpEx
−$9.3K −$5.62/SF
NOI
$21.8K $13.12/SF
Area
Pierce County, WA
Vacancy
7.03%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,580
Cap Rate 7%
$311,129
Cap Rate 9%
$241,989

Alternative Uses

Best Use
Multifamily LT 5
$311.1K
$272.2K – $363.0K (±1% cap)
NOI $21,779 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$287.0K
$251.1K – $334.8K (±1% cap)
NOI $20,088 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$448.3K
$392.3K – $523.1K (±1% cap)
NOI $31,384 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Daycare Center Computer & Electronic Repair Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 98390, WA

11,727
Population
4,836
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
9.2 sq mi
ZIP Area
1,275
Density / Sq Mi
$97,815
Median Household Income
$56,909
Median Earnings
$1,886
Median Rent
$471,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two vacant units, garage parking, and a substantial lot support immediate repositioning.
Where is this duplex located?
The property is located at 12325 Valley Ave E Sumner, WA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,664 SF; Both units are vacant; 33,977‑square‑foot lot
More about this property
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