112 4th Avenue Se, Puyallup, WA 98372

Local realty services provided by:Better Homes and Gardens Real Estate McKenzie Realty
Listed by:tyler j. bretz
Office:urban commercial partners, llc.
MLS#:2387090
Source:NWMLS
112 4th Avenue Se,Puyallup, WA 98372
$1,050,000
  • - Beds
  • - Baths
  • 3,840 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$1,050,000
  • Price per sq. ft.:$273.44

About this home

Classic value/add investment opportunity in thriving Puyallup. Six of the seven units remain unmodernized, presenting a valuable opportunity for an incoming investor to execute strategic renovations. Upgraded units can command premium rents aligned with current market expectations for newly renovated apartments, enhancing overall asset value and cash flow potential. With a CBD zoning designation and an 8,370 SF land size, this property allows for versatile development options, including mixed-use, multifamily, and commercial expansion. Positioned near transit hubs and retail corridors, the property offers a strong rental market demand with a current CAP rate of 5.69% and a market CAP rate of 7.46%.

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Home facts

  • Year built:1916
  • Listing ID #:2387090
  • Updated:September 25, 2025 at 01:43 PM

Rooms and interior

  • Living area:3,840 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1916
  • Building area:3,840 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,050,000
  • Price per sq. ft.:$273.44
  • Tax amount:$9,383 (2025)
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