Pending · Residential Income

408 2nd Street NW, Puyallup, WA 98371

Puyallup, WA 98371

$1,250,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Windermere Real Estate/PSK Inc · MLS #2574077 · Pending

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About this property

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.

Property details

Property type: Multi Family
Year built: 1976
Lot size: 14,400 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $8,924 (2026)
Parking spaces: 19
School district: Puyallup

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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