Listed by Lisa Williams • Solution Partners NW. Bought with Goldhouse Realty.
Sold on Aug 2026
$600,000
4
bd
•
2 ba
•
1,404
sq ft
2609 W Stewart Unit A & B, Puyallup, WA 98378
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Track this home’s value and nearby sales activity
About this home
Discover a premier turnkey investment opportunity in Puyallup. This beautifully updated duplex is the ultimate addition to your portfolio and serves as the perfect vehicle for a seamless 1031 exchange. Both units are secured with 1-year rental agreements. Remodeled kitchen and bath in 2022, the property boasts incredible structural and mechanical longevity, featuring a newer roof (2022) and a brand-new septic system installed in 2026. The property is equipped with EV and washer & dryer hookups. Each unit features a 2-bedroom, 1-bathroom layout spanning 702 square feet of modernized living space. Commuters will love the central location situated perfectly between I-5 and Highway 167, providing rapid access to major employment hubs. Close to downtown shopping, dining, parks and the Sounder train. This property has offered a reliable income with a strong rental history and consistent occupancy for more than 20 years. Do not miss this opportunity.
Sale and tax history for 2609 W Stewart Unit A & B
Sale History
Tax History
Date
Event
Price
Aug 26, 2026
Sold (MLS) (Closed)
NWMLS as Distributed by MLS Grid #2553952
$600,000
$427/sq ft
Jul 21, 2026
Pending
NWMLS as Distributed by MLS Grid #2553952
—
Jul 16, 2026
Listed (Active)
NWMLS as Distributed by MLS Grid #2553952
$599,950
$427/sq ft
Dec 19, 2001
Sold
Public Records
$168,000
$120/sq ft
Jun 6, 2000
Sold
Public Records
$151,500
$108/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,226 (+2.5%)
$222,700 + $262,700
$485,400
2025
$5,097 (+19.1%)
$222,700 + $262,700
$485,400
2024
$4,281 (+4.1%)
$166,200 + $290,300
$456,500
2023
$4,110 (−1.3%)
$162,200 + $270,700
$432,900
2022
$4,165 (+4.4%)
$162,200 + $263,700
$425,900
2021
$3,988 (+10.3%)
$146,300 + $231,600
$377,900
2020
$3,616 (+11.4%)
$131,600 + $199,800
$331,400
2019
$3,248 (−0.3%)
$113,000 + $189,300
$302,300
2018
$3,257 (+14.8%)
$84,200 + $151,600
$235,800
2017
$2,838 (+2.4%)
$84,200 + $151,600
$235,800
2016
$2,771 (−0.2%)
$66,800 + $133,500
$200,300
2015
$2,776 (+11.5%)
$61,000 + $125,700
$186,700
2014
$2,489 (−0.7%)
$61,000 + $122,500
$183,500
2013
$2,505 (−4.3%)
$52,300 + $114,500
$166,800
2012
$2,618 (−4.6%)
$52,300 + $111,700
$164,000
2011
$2,744 (−4.7%)
$76,300 + $117,300
$193,600
2010
$2,878 (+15.6%)
$84,900 + $126,000
$210,900
2009
$2,490
$114,400 + $128,900
$243,300
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
98 ft.
Lot depth
—
Lot size
8,712 Sq. Ft.
Year renovated
1987
Sq. Ft.
1,404
Year built
1966
Style
Multi-Family (2-4 Unit)
County
Pierce County
APN
0420203078
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 26, 2026.
RS-08
Medium Urban Density Single-Family Residential Zone
The RS single-family residential zones are intended to reserve appropriate areas for low density residential living at a broad range of densities consistent with the Puyallup Comprehensive Plan. They further intend to protect the public health, safety and general welfare by ensuring adequate access to light, air, privacy and open space; minimizing traffic congestion and utility overload; protecting residential properties from noise, direct illumination, unsightliness, odors, smoke and other objectionable influences; and, facilitating the provision of public facilities and services commensurate with anticipated population and dwelling unit densities.
Permitted uses
Include but are not limited to:
Agriculture
Garden center
Retail-Grocery
Housing-Single unit
Housing-Senior
Housing-Student
Recreation
Communications tower
Housing-Mobile home park
Property details
Parking
Parking Information
Parking Uncovered Total: 4
Covered Spaces: 2
Garage Spaces: 2
Garage Square Feet: 572
Interior
Virtual Tour
Bedroom Information
Bedrooms Possible: 4
Heating & Cooling
Has Heating
Heating Information: 90%+ High Efficiency, Forced Air
Has Cooling
Cooling Information: Forced Air
Interior Features
Flooring: Engineered Hardwood, Vinyl Plank
Multi-Family Financial Information
Insurance Expense: $1,766.30
Other Expense: $299.70
Net Operating Income: $39,037
Gross Adjusted Income: 39037
Gross Scheduled Income: $48,000
Total Monthly Income: 4000
Gross Rent Multiplier: 12.4
Total Expenses: 8963.04
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 2
# of Units (Total): 2
Unit Type 1 Information
Unit Name: A
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 702
Actual Rent: $2,000
Unit Type 2 Information
Unit Name: B
# of Bathrooms: 1
# of Bedrooms: 2
Fireplaces: 0
Range/Oven: true
Washer/Dryer: false
Refrigerator: true
Dishwasher: true
Unit Sq. Ft.: 702
Actual Rent: $2,000
Exterior
Building Information
Construction Materials: Brick, Wood
Roof: Composition
Exterior Features
Exterior Features: Brick, Wood
Property Information
Energy Source: Electric,Natural Gas
Style Code: 52 - Duplex
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Very Good
Has View
Land Information
Possible Use: Multi-Family
Lot Information
Lot Number: 16
MLS Lot Size Source: County Records
Site Features: Cable TV,Electric Car Charging,Fenced-Partially,Gas Available,High Speed Internet,Patio
Zoning Jurisdiction: City
Lot Features: Curbs, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.2
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $5,097.04
Tax Year: 2025
Financial Information
Listing Terms: Cash, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: Puyallup City
Power Company: Puget Sound
Sewer: Septic Tank
Sewer Company: N/A
Water Sewer Garbage: 1800
Cable Connected: Xfinity
Internet Connected: Xfinity
Location
School Information
Elementary School: Buyer To Verify
High School: Buyer To Verify
High School District: Puyallup
Location Information
Directions: GPS Friendly
Community Information
Amenities: Thermal Windows
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,404
Stories: 1.0
Lot Size: 8,712 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1966
Year Renovated: 1987
County: Pierce County
APN: 0420203078
Home facts updated by county records on Aug 26, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Thursday, July 16, 2026
Green Information
Green Energy Efficient: Thermal Windows
Power Production Type: Electric, Natural Gas
Home Information
Calculated Square Footage: 1404
Building Area Total: 1404
Building Area Units: Square Feet
Building Name: 20 Township
Year Built Effective: 1966
Effective Year Built Source: Public Records
Structure Type: Duplex
Stories Total: 1
Security Features: Partially Fenced
Around this home
Schools
Karshner Elementary School
Public PreK-6 • Assigned • 0.8mi
5/10
Aylen Junior High School
Public 7-9 • Assigned • 0.9mi
6/10
Puyallup High School
Public 10-12 • Assigned • 1.4mi
7/10
Provided by GreatSchools
Climate risks
6/10 Flood Factor
Estimated 67-75% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 89° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
11 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Puyallup, WA • 98378
Average low and high temperatures (°F)
46
35
49
36
54
40
62
42
68
48
74
52
79
57
78
59
72
54
61
45
52
42
49
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$508,000 – $615,000
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