408 2nd ST NW, Puyallup, WA 98371
408 2nd ST NW, Puyallup, WA 98371
408 2nd ST NW, Puyallup, WA 98371
408 2nd ST NW, Puyallup, WA 98371
408 2nd ST NW, Puyallup, WA 98371
408 2nd ST NW, Puyallup, WA 98371
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Rita Breazile

Rita Breazile

+1(206) 660-8700
Listed by:Windermere Real Estate/PSK Inc • Tyler Freed
$ 1,250,000
Est. payment | /mo

10 Beds

5 Baths

3,986 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

10 Beds

5 Baths

3,986 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,986 sqft

Price per Sqft $313

Subdivision Puyallup

MLS Listing ID 2574077

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1976

Annual Tax Amount $8,924

Lot Size 0.331 Acres

Property Sub-Type Multi Family

Property Description

Turnkey 5-unit investment opportunity in the heart of Downtown Puyallup! Extensively updated and exceptionally maintained, this property features five spacious 2-bedroom, 1-bath residences of approximately 775 square feet each, with beautifully remodeled interiors designed for lasting tenant appeal. Major improvements include a new roof in 2025, replaced electrical breaker panels throughout and upgraded triple-pane vinyl windows. Strong in-place rents provide immediate income, while the on-site coin-operated laundry offers an additional revenue stream. Situated on a generous 14,400 square foot corner lot with eight covered carport spaces plus three additional parking spaces. An outstanding location just blocks from the Puyallup Sounder Station and moments from downtown dining, shopping and amenities. A rare opportunity to acquire a renovated, income-producing 5-plex with significant capital improvements already completed in one of Puyallup's most convenient locations.

Location

State WA

County Pierce

Area 81 - Puyallup

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood Products

View Y/N Yes

View Territorial

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

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 Cash, Conventional

Listing Terms Cash, Conventional

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

Schools and Properties Nearby

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Rita Breazile
Rita Breazile

Agent License ID: 20121282

+1(206) 660-8700

www.ritabreazile.com

Bellevue Way NE, Bellevue, WA 98004, USA

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408 2nd ST NW