$720,000

4 Beds 2 Baths 1,936 SQFT 0.32 Acres
Type: Multi-Family

4706 124th Avenue Ct E
Edgewood, WA 98372

MLS#: 2571018
Presented by: Red Moon Realty and NWMLS

Property Description

 

A $7,000 lender credit is available If your buyer uses our preferred lender Ben Larson with Future First Mortgage! Discover a fantastic opportunity in the highly desirable Edgewood area, offering a peaceful setting while remaining just minutes from freeway access, shopping, dining, and everyday amenities.This well-maintained duplex provides flexibility for both owner-occupants and investors. The left-side unit has been completely updated, making it an ideal option for a buyer looking to move in and enjoy modern finishes while continuing to rent the neighboring unit for additional income. The right-side unit has been well cared for and offers an established rental opportunity.Investors will appreciate the strong rental demand in the Edgewood market and the potential for a competitive cap rate. Each unit offers its own garage, dedicated utility room, and a spacious private yard, providing tenants with the space and conveniences that are difficult to find in many multifamily properties. An additional storage shed adds even more functionality.Whether you're looking to offset your mortgage by living in one unit and renting the other, expand your investment portfolio, or secure a versatile property in a sought-after location, this Edgewood duplex offers an exceptional combination of location, condition, space, and income potential.


 

Interior Features

Bedrooms

Bedrooms Possible4
Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

AmenitiesStorage, Thermal Windows
Building Area Units0 sqft
Cap Rate5.05
Carport Spaces0
Carport Y/NNo
CityEdgewood
CoolingNone
CountyPierce
DirectionsSee GPS.
Electric Expense0
Elementary SchoolNorthwood Elem
Energy EfficientThermal Windows
Fuel Expense0
Garage Spaces2
HOANo
HOA Fee$0
HeatingBaseboard
High SchoolPuyallup High
High School DistrictPuyallup
Insurance Expense1198
Leasable Area1,936 sqft
Listing TermsCash, Conventional, FHA, State Bond, VA Loan
Living Area0 sqft
Lot Size Square Feet14,000 sqft
Lot Size UnitsSquare Feet
MLS Area72 - Edgewood
Middle/Junior High SchoolEdgemont Jnr High
NWM_ShowMapLinkY
Net Operating Income37660
New ConstructionNo
Number Of Units Total2
PossessionClosing
Property ConditionUpdated/Remodeled
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksA $7, 000 lender credit is available If your buyer uses our preferred lender Ben Larson with Future First Mortgage! Discover a fantastic opportunity in the highly desirable Edgewood area, offering a pe
RoofComposition, Flat
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameEdgewood
Tax Annual Amount$6,742
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewTerritorial
Water CompanyEdgewood Water
Water Sewer Garbage600
Year Built1975

Exterior

Building Area Total1,936 sqft
Covered Spaces2
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions112.5 x 137.76
Lot FeaturesCul-De-Sac, Dead End Street, Paved
Lot Size Acres0.3214
Parking FeaturesRV Parking
Parking Uncovered Total6
Site FeaturesFenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
Total Parking8
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School Edgemont Jnr High
Elementary School Northwood Elem
High School Puyallup High

  

Similar Properties

$720,000

4 Beds 2 Baths 1,936 SQFT 0.32 Acres
Type: Multi-Family

4706 124th Avenue Ct E
Edgewood, WA 98372

MLS#: 2571018