$1,050,000

112 4th Avenue SE, Puyallup, WA 98372

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon8,368sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This listing courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC

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%.

Listing Status:
Active
Listing Office:
Urban Commercial Partners, LLC : 206-325-9333
Listing Agent:
Tyler J. Bretz : 206-325-9333
MLS ID:
2387090
  • A/C: Insert
  • Heating: Fireplace Insert
  • Fireplace: Fireplaces: 0

This listing courtesy of Tyler J. Bretz, Urban Commercial Partners, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Meeker Elementary School

409 5th St SW, Puyallup, WA, 98371

Grades PK-6

0.26 miles away

P

Psd Special Services

214 W Main, Puyallup, WA, 98371

Grades PK-12

0.27 miles away

P

Psd Special Services

214 W Main, Puyallup, WA, 98371

Grades PK-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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