112 4th Avenue SE Puyallup, WA 98372
Listing Courtesy of: MLS LogoNorthwest MLS / Urban Commercial Partners, LLC

  112 4th Avenue SE Puyallup, WA 98372

Active (24 Days)
$1,050,000
3,840
SQFT
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Description

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%.

MLS #:
2387090
Taxes
$9,383(2025)
Lot Size
8,370 SQFT
Type
Multifamily
Building Name
Meekers 3rd
Year Built
1916
Style
5-9 Units
School District
Puyallup
County
Pierce County
Community
Puyallup

Listed By

Tyler J. Bretz, Urban Commercial Partners, LLC
Source
Northwest MLS as distributed by MLS Grid
Last checked Jul 1 2025 at 3:53 AM GMT+0000
Bathroom Details
Subdivision
  • Puyallup
Lot Information
  • Alley
  • Paved
Property Features
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Fireplace Insert
Exterior Features
  • Wood Products
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
Location
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Based on information submitted to the MLS GRID as of 6/30/25 20:53. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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