WA > Puyallup > Puyallup
Puyallup, WA 98372,112 4th AVE SE
Puyallup, WA 98372,112 4th AVE SE
Puyallup, WA 98372,112 4th AVE SE
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Listed by Urban Commercial Partners, LLC
$1,050,000
Est. payment /mo
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8 Beds
7 Baths
3,840 SqFt
New

112 4th AVE SE Puyallup, WA 98372

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DJ Gee

DJ Gee

+1(253) 363-0413

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $273

Subdivision Puyallup

MLS Listing ID 2387090

Style 55 - 5-9 Units

Bedrooms 8

Year Built 1916

Annual Tax Amount $9,383

Lot Size 8,370 Sqft

Property Sub-Type Multi Family

Property Description

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%.

Location

State WA

County Pierce

Area 83 - Puyallup

Interior

Fireplace false

Exterior

Exterior Feature Wood Products

View Y/N No

Roof Type Composition

Building

Lot Description Alley, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Puyallup

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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agent

DJ Gee

+1(253) 363-0413

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