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15408 74th Avenue E, Puyallup, WA, 98375

8beds
8baths
4,164sqft
$999,000
$240price/sqft
$6,520/moest. monthly cost
$260,800/yrincome needed

About This Home

Four Units!! Exceptional investment opportunity featuring a well-maintained fourplex situated on a spacious corner lot. Each thoughtfully designed unit offers 2 bedrooms and 2 bathrooms, including a private ensuite in the primary bedroom. Inviting living rooms feature cozy fireplaces, while bright kitchens with dining areas overlook the backyard. Sliding glass doors provide seamless access to private patios, creating an appealing indoor-outdoor living experience. Each unit also includes a dedicated laundry room and an attached one-car garage. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this property offers strong rental appeal in a highly desirable location. Functional floor plans, spacious living areas, and a sought-after location make this an excellent opportunity for investors seeking a quality income-producing property.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

7/10
Dessie F Evans ElementaryGrades PK-60.9 mi
6/10
5/10

Construction

Condition

  • Year built: 1979

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 1994

Type & Style

  • Home type: MultiFamily
  • Architectural style: 4-Plex
  • Property subType: Quadruplex,Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 8

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 4,164
  • Total interior livable area: 4,164 sqft

Property

Details

  • Parcel number: 0419207006
  • Special condition: Standard

Lot

  • Lot size: 1.08 Acres
  • Features: Cable TV,Fenced-Partially,Patio

Parking

  • Total spaces: 8
  • Parking features: Garage
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,051$60,612
Home Insurance *$249$2,988
Property Taxes $936$11,232
Electricity $284$3,417
Total$6,520$78,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$223,542/yr
40% on housing$195,600/yr
45% on housing$173,866/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 98375$234
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98375$265
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$999,000
2026-07-23Price change$999,000
2026-06-19Listed for sale$1,095,000
2005-01-07Sold$385,000
1999-01-04Sold$150,000

For Sale by Agent

AgentDerek Johnson
BrokerageKeller Williams Rty Tacoma

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