11214 126th Avenue Ct E Puyallup, WA 98374
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Redfin

  11214 126th Avenue Ct E Puyallup, WA 98374

Pending (3 Days)
$1,085,000 (USD)

Description

Seize a truly exceptional investment opportunity with this fully occupied, income-generating 4-plex. This turnkey asset offers immediate cash flow with 100% occupancy, minimizing investor risk and maximizing immediate returns. The true game-changer is the property's rarely seen scale: it sits on a sprawling 0.78-acre parcel. This substantial acreage is the engine of future value appreciation, offering a clear path to expansion or subdivision for additional units, effectively future-proofing your investment. The building itself is meticulously designed for high tenant appeal and retention, featuring four identical, spacious 1,000 square foot units, each with a highly desirable 2-bedroom, 1.5-bathroom configuration. The quality of the units is a major draw; three have been upgraded with modern finishes, and all four include highly coveted in-unit washer/dryers and private balconies/patios, amenities that ensure long-term tenancy. The excellent location and strong unit mix, the property offers generous on-site parking, including both covered and uncovered spaces, plus dedicated RV parking, further enhancing tenant convenience. This is more than just a four-plex; it is a strategically located, immediately profitable asset with unparalleled potential for substantial capital growth through future development. Don't miss this opportunity to acquire a cash-flowing property that delivers stable income now while providing a foundational asset for a future large-scale project.

MLS #:
2502695
Taxes
$1,180(2025)
Lot Size
0.78 acres
Type
Multifamily
Year Built
1979
Style
4-Plex
School District
Puyallup
County
Pierce County
Community
Shaw Road

Listed By

Victoria Baptiste, Redfin
Source
Northwest MLS
Last checked May 9 2026 at 4:42 PM GMT+0000
Bathroom Details
Subdivision
  • Shaw Road
Lot Information
  • Dead End Street
  • Paved
  • Cul-De-Sac
  • Value In Land
Property Features
  • Patio
  • Rv Parking
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Baseboard
Flooring
  • Vinyl
  • Carpet
Exterior Features
  • Wood
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Parking
  • Rv Parking
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Better Homes and Gardens Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 5/9/2026 16:42. 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.