Live here now. Buy it when you’re ready!
📍 11802 74th Ave E, Puyallup, WA 98373 · South Hill
4 bed + Den, 2.5 bath home with 2590 sq. ft.
- 1.72 acres lot size
- Option period: 36-48 months
- Monthly rent: $3500
- Option price: $990,000 in 3 years
✨ Lease option (not a straight rental)
What Is a Lease Option?
A lease option is a written agreement that gives you the right — but not the obligation — to purchase this property at a set price within an agreed timeframe. You move in as a tenant-buyer, pay monthly rent, and when you’re ready to exercise your option, you buy it. Your upfront option fee and any seller credits negotiated into the agreement can be applied toward the purchase when you’re ready to close. It’s a path to ownership on a timeline that works for you — not a bank’s underwriting calendar.
This structure works especially well for buyers who are creditworthy but not yet conventionally financeable — people who are self-employed, rebuilding credit, or who simply haven’t accumulated a full down payment yet. Evergreen Success Group has been placing tenant-buyers into properties like this one for 17 years. We know what it takes to get you across the finish line.
Inside the Home
- Cathedral ceilings with custom windows
- Territorial views of the full property
- Open floor plan
- Gas stone fireplace — main floor
- Large kitchen with double ovens
- Gas stove
- Bosch dishwasher
- Kitchen eating bar
- Primary suite on the main floor
- Quartz countertops — primary bath (recently updated)
- Quartz countertops — guest bath (recently updated)
- Downstairs family room with stone fireplace
- Patio access from lower level
- Patio wired for hot tub
- 3 additional bedrooms downstairs
- Den / office
The Property
- Brand new 30-year roof (April 2025)
- Detached carport — 4 spaces
- Shop off carport
- Finished loft above shop
- 3-stall shed
- ADU on property — included in future purchase price
- Minutes from SR-512
- 1.72 fully usable acres
The Bigger Picture
The downstairs level is already a functional family room with its own fireplace and exterior access — but it’s also a natural candidate for conversion into a fully separate living unit. A mother-in-law suite, a long-term rental, or a short-term rental — the bones are there. And the ADU on the property, while not included in the monthly lease, transfers with the purchase. From day one of ownership, you have income potential already built in.
GALLERY – Click the image below to see more photographs.
