Active · Residential Income

1010 W Pioneer , Puyallup, WA 98371-5356

Puyallup, WA 98371

$1,070,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Cascade Properties & Invest. · MLS #2542836 · Active

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About this property

Price Improvement at a 6 cap! Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.

Property details

Property type: Multi Family
Year built: 1967
Lot size: 11,250 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $7,800 (2026)
Parking spaces: 6
School district: Puyallup

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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