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Listing provided courtesy of Vickie Chynoweth, Keller Williams Realty PS.
Source NWMLS.

611 W Stewart Ave, Puyallup, WA 98371$1,100,000

7
beds
3
baths
3532
ft2
· 9900
ft2 lot
$311 / ft2

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Here is your chance to own an income producing property in a Prime location within a short distance to the Puyallup Station, 1.5 blocks. The Puyallup Station is served by the Sounder South line a commuter line to Tacoma and Seattle. There are 3 homes on one lot, all are currently leased with tenants paying all utilities. All three of the homes have had some updating which include electrical wiring, plumbing, H2O tanks, flooring and more. This property is conveniently located near shopping, regional malls, restaurants, schools, parks, recreation areas, JBLM, freeways (I-5, Hwy 512, 167, 161), commuter train and so much more! This property is ideal for an owner/user or an income producing investment property. This opportunity will not last!

HOA

$0/month

On market

1 month

Year built

1968

Property type

53 Tri Plex,Multi Family

Parking

2

MLS

1840929

Price / Sq.Ft.

$311 / ft2

Status

Active

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Home details for 611 W Stewart Ave

Interior Features & Layout
Appliances
•   
Oven Unit 1
•   
Oven Unit 2
•   
Dishwasher Unit 1
•   
Washer Dryer Unit 1
•   
Dishwasher Unit 2
•   
Washer Dryer Unit 2
•   
Dishwasher Unit 3
•   
Refrigerator Unit 1
•   
Refrigerator Unit 2
Bedrooms Info
•   
Approved Number Of Bedrooms: 7
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 3
Fireplace Info
•   
Fireplaces Unit 2: 1
Heating & Cooling
•   
Heating Details: Forced Air, Wall
Flooring
•   
Flooring: Ceramic Tile, Hardwood, Vinyl, Wall to Wall Carpet
Bathrooms Info
•   
Unit 1 Baths: 1.00
•   
Unit 2 Baths: 1.00
•   
Unit 3 Baths: 1.00
•   
Unit 4 Baths: 0.00
•   
Unit 5 Baths: 0.00
•   
Unit 6 Baths: 0.00
Property, Lot, Community & Exterior Features
Community Features
•   
Area Amenities: Basement
Lot Info
•   
Zoning: Residential, See Remarks
•   
Lot Features: Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Outbuildings
•   
Lot Size Source: Public Records
•   
Zoning Type: City
•   
Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
•   
Lot Number: 17 & 18
•   
Lot Dimensions: 106x124
Building Info
•   
Mls Prop Type: 53 - Tri-plex, Multi-Family
•   
Building Condition: Fair
•   
Style: 53 - Tri-plex
•   
Project Name: AJ Millers 2nd Addition
•   
Foundation: Post Block, Slab
•   
Unit 3 Sqft: 632
•   
Roof: Composition, Torch Down
•   
Effective Year Built: 1968
•   
Unit 2 Sqft: 1488
•   
Unit 1 Sqft: 1412
•   
Number Stories: 1
•   
Year Built Source: PR
Exterior Features
•   
Building Exterior Details: Stucco, Wood
Parking Info
•   
Uncovered Spaces: 2
Property Type
•   
Mls Property Type: Multi-Family
Property Features
•   
Unit 1 Details: 607
•   
Unit 2 Details: 609
•   
Unit 3 Details: 611
Utilities & Other Information
Water & Sewer Info
•   
Water Source: Public
•   
Sewer Company: City of Puyallup
•   
Sewer: Sewer Connected
•   
Water Company: City of Puyallup
Utilities
•   
Power Company: Puget Sound Electric
•   
Energy Source: Electric, Natural Gas
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 1300
•   
Gross Scheduled Income: 57900
•   
Operating Expense: 6203, 6203
Listing Details
•   
Form 17: Provided
•   
Sale Type: MLS
•   
Offers: RECEIPT
•   
Preliminary Title Ordered
Terms
•   
Possession: Closing, See Remarks, Sub. Tenant's Rights
•   
Terms: Cash Out, Conventional
Buyer's Agent Commission
•   
Buyer's Agent Commission: 3
Lease Info
•   
Net Operating Income: 51697
•   
Monthly Rent Unit 1: 1725
•   
Monthly Rent: 4825
•   
Monthly Rent Unit 2: 1650
•   
Gross Rent Multiplier: 19
•   
Monthly Rent Unit 3: 1420
•   
Cap Rate: 5.23
Tax/Assessment Info
•   
Tax Year: 2021
•   
Taxes: 4903
•   
Apn: 5870200372
Listing Info
•   
Status: Active
School Neighborhood & Directions
School Info
•   
Elementary School: Karshner Elem
•   
High School: Puyallup High
•   
Middle School: Aylen Jnr High
Location
•   
Block: 4
•   
Directions: WA 167 S, turn left on N Meridian Ave. Turn right on River Road, turn left on 4th St NW, turn right onto W Stewart Ave. Property is on the right.

Neighborhood snapshot

Flyhomes
Washington
Pierce
South Hill
Puyallup
46
Properties for sale
5.5
Median days on market
$251.26
Median sold price/sqft
104.82%
Sold/List %
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Property History for 611 W Stewart Ave

09/16/2021
09/16/2021
NWMLS #1840929
active
NWMLS #1840929
$1,100,000
+22.24%
07/24/2021
07/24/2021
NWMLS #1784907
cancelled
NWMLS #1784907
$899,880
06/08/2021
06/08/2021
NWMLS #1784907
active
NWMLS #1784907
$899,880
+66.64%
01/01/2008
01/01/2008
NWMLS #27003146
cancelled
NWMLS #27003146
$540,000

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