14
See all 14 photos
Listed by Northmarq Multifamily, LLC
$3,550,000
Est. payment /mo
24 Beds
18 Baths
0.66 Acres Lot
Active
425 4th ST NE Puyallup, WA 98372
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Puyallup
MLS Listing ID 2384784
Style 56 - 10+ Units
Bedrooms 24
Year Built 1980
Annual Tax Amount $27,249
Lot Size 0.662 Acres
Property Sub-Type Multi Family
Property Description
We are pleased to present Prestige Townhomes, a well-maintained 1980 vintage asset located in Puyallup, WA. This 12-unit property features spacious, turnkey 2-bedroom, 1.5 bath townhomes with in-unit laundry averaging 940 SF. Each unit is equipped with modern finishes, including vinyl plank flooring, quartz countertops, stainless-steel appliances, and copper plumbing. The property currently achieves an average rent of $2,052 per unit, with the highest rent at $2,300 and two additional units rented at $2,195. With market rents exceeding current levels, there is a clear path to increase average rents by approximately $150/unit, to potentially $248/unit unlocking additional revenue potential for new ownership.
Location
State WA
County Pierce
Area 79 - Puyallup
Interior
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Fenced-Partially, Patio
View Y/N No
Roof Type Composition
Building
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Stewart Elem
Middle Schools Kalles Jnr High
High Schools Puyallup High
School District Puyallup
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
GET MORE INFORMATION
QUICK SEARCH
- Houses for Sale in Tacoma
- Houses for Sale in North Tacoma
- Houses for Sale in Pierce County Under $375,000
- Houses for Sale in Puyallup
- Houses for Sale in Spanaway
- Houses for Sale in Thurston County Under $375,000
- Houses for Sale in University Place
- Houses for Sale in Lakewood
- Million Dollar Houses for Sale in Tacoma
- Multi-Family Houses for Sale in Pierce County
- Multi-Family Houses for Sale in Thurston County
- Pierce County Houses for Sale that are Back onto the Market