Listing provided courtesy of John L. Scott, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2515196MLS Provider

12926 78th Avenue EPuyallup, WA 98373

Multi-Family · 4 Beds · 2,210 Sq. ft. | 0.58 Acres
$950,000 Active

12926 78th Avenue E Overview

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Meticulously maintained duplex in Puyallup offering a rare investment opportunity with an estimated 5.5% cap rate. Ideal for owner-occupants or investors—live in one unit and generate income from the other, or lease both and expand your portfolio. Built in 2019, this rambler-style duplex sits on over ½ acre at the end of a quiet dead-end street, providing privacy with minimal traffic. Each unit features 2 bedrooms, 2 bathrooms, and just over 1,100 sq ft, along with attached 2-car garages. Thoughtfully designed with modern finishes, including LVP flooring, quartz countertops, stainless steel appliances, ductless mini-split systems, and in-unit washer/dryer. The primary suites include walk-in closets and double vanity sinks, offering both comfort and functionality. A detached shop/garage adds flexibility for additional income, storage, or workspace. Strong rental appeal—one unit already leased (secured within 24 hours)—making this a turnkey opportunity. Additional highlights include ample parking, RV parking with power hookup, and optional rental income from the detached garage. Bonus opportunity: The property is equipped with an additional 200-amp power service, originally planned for an ADU—offering future development potential for added value or income. Conveniently located just minutes from Costco, major freeways, shopping, and dining, this property combines seclusion, modern living, and income potential in one exceptional package.

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12926 78th Avenue E Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,210
  • Price/Sq.ft. $430
  • Lot 0.58 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Puyallup
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 25.98
  • Electric Expense: 495.87
  • Fuel Expense: 0
  • Gross Scheduled Income: 5500
  • Insurance Expense: 1665.79
  • Net Operating Income: 54594
  • Total Expenses: 11405.58
  • Total Monthly Income: 63600
  • Water/Sewer/Garbage: 1607.23

Building Information

  • New Construction: No
  • Year Built: 2019

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 87 - Puyallup
  • Subdivision Name: Puyallup

Community/Development

  • Amenities: Storage

Tax Information

  • Tax Annual Amount: $7,610.71
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 0419172175
  • Possible Use: Multi-Family
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 6

Beds/Baths

  • Bedrooms Possible: 4
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2210
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2210
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 2208
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 12
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Secluded
  • Lot Size Acres: 0.5785
  • Lot Size Square Feet: 25200
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 6
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 1 Details

  • Actual Rent: 2550
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Actual Rent: 2950
  • Beds Total: 2
  • Baths Total: 2

12926 78th Avenue E Neighborhood

Community

98373 (Puyallup) Demographics

36
Median Age
2,884
Population Density (per sq. mile)
40%
College Educated
$79,943
Estimated Median Income
5,690
Estimated Total Home Owners
3,973
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12926 78th Avenue E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12926 78th Avenue E Market Data

Based on the last 30 days in this zip code

$617,058
Average List Price
$289
Average Price per Square Foot
26
Properties Sold
66
Average Days on Market
116
Properties for Sale
Calculations provided by Reliance Network

12926 78th Avenue E History

Date Event Value Agent
4/29/2026Source: NWMLS Added to Database
April 29, 2026