Puyallup, WA 98372,425 4th ST NE
Puyallup, WA 98372,425 4th ST NE
Puyallup, WA 98372,425 4th ST NE
14
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Listed by Northmarq Multifamily, LLC
$3,700,000
Est. payment /mo
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24 Beds
18 Baths
0.66 Acres Lot
Active

425 4th ST NE Puyallup, WA 98372

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Better Properties Hometown

Better Properties Hometown

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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


Northwest MLS (NWMLS)

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Better Properties Hometown

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+1(253) 254-3600

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425 4th ST NE