Duplex with Heated
For Sale
$699,900
7415 100th St E, Puyallup, WA 98373
Income-producing layout includes a remodeled one-bedroom ADU, oversized service doors, office or storage space, and installed septic.
Property Size4,234 SF
Lot Size0.39 Acres
Price / SF$165.30
Days on Market53
Property Features for 7415 100th St E
General Information
Standard status
Active
Size
4,234 SF
Lot size
0.39 Acres
Property subtype
Multi-Family
Financials
Gross Income
$75,000
Average Monthly Rent
$1,750
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1982
Listing Agency:
Terrafin
Listed By:
Dennis Folk · License #25739
(253) 466-3736
Source:
Montgomeryht
Added: Aug 23
Changed: Oct 2
Last Checked: Oct 5 at 10:58PM
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 Terrafin
Investment Insights
Based on property information with market context.
Built in 1982, this duplex property includes a 2-bedroom, 1-bath main home and a fully remodeled 1-bedroom, 1-bath non-conforming ADU attached to the rear of a large heated garage. The garage measures 1,800 square feet and includes an additional 600 square feet of office or storage space, two oversized doors, a half bath, insulation, engine-hoist-ready construction, and 320 amp power. The property contains 4,234 square feet overall, with septic already installed.
Located at 7415 100th St E in Puyallup, the property offers views of Mt. Rainier and the Cascades, along with access to freeways and the Puyallup S.D. The site also includes a 140 x 120 building-ready lot area, providing additional physical context for the property.
Located at 7415 100th St E in Puyallup, the property offers views of Mt. Rainier and the Cascades, along with access to freeways and the Puyallup S.D. The site also includes a 140 x 120 building-ready lot area, providing additional physical context for the property.
Key Highlights
- Duplex includes a 2‑bedroom, 1‑bath main home and a 1‑bedroom, 1‑bath non‑conforming ADU
- 1,800 sq ft heated garage with 600 sq ft of office or additional storage space
- Two oversized 14' tall x 12' wide doors and 320 amp power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,550
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,111,000
$1.1M
Cap Rate 7%
$793,571
$793.6K
Cap Rate 9%
$617,222
$617.2K
Market Conditions
NOI Build-Up for 4,234 SF
Gross rent
$85.4K $20.16/SF
− Vacancy
−$6.0K −$1.42/SF
EGI
$79.4K $18.74/SF
− OpEx
−$23.8K −$5.62/SF
NOI
$55.5K $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%
$1,111,000
Cap Rate 7%
$793,571
Cap Rate 9%
$617,222
Alternative Uses
Best Use
Multifamily LT 5
$793.6K
$694.4K – $925.8K
NOI $55,550 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$731.9K
$640.4K – $853.9K
NOI $51,235 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M
NOI $80,049 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
53
Businesses Nearby
Explore this area
Business Placement
Demographics for 98373, WA
28,165
Population
11,113
Households
2.5
Avg Household Size
35
Median Age
26%
College-Educated
94%
High-School Grad
9.4 sq mi
ZIP Area
2,996
Density / Sq Mi
$102,791
Median Household Income
$51,865
Median Earnings
$1,823
Median Rent
$517,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing layout includes a remodeled one-bedroom ADU, oversized service doors, office or storage space, and installed septic.
Where is this duplex located?
The property is located at 7415 100th St E Puyallup, WA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Duplex includes a 2‑bedroom, 1‑bath main home and a 1‑bedroom, 1‑bath non‑conforming ADU; 1,800 sq ft heated garage with 600 sq ft of office or additional storage space; Two oversized 14' tall x 12' wide doors and 320 amp power
