408 2nd Street NW, Puyallup, WA 98371
Courtesy of Windermere Real Estate/PSK Inc
- $1,250,000
- 3,986
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 2574077
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1976
- Living Area
- 3,986
- Lot Size
- 14,400
- Acres
- 0.33
- Subdivision
- Puyallup
- Neighborhood
- Puyallup
- Building Name
- Stewarts J P 7th Add
- MLS Area Major
- Puyallup
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.
/u.realgeeks.media/choicehomes4sale/best-choice-realty-logo_small.png){kind=logo}
Additional Information
- Amenities
- Coin Op Laundry, Thermal Windows
- Exterior Features
- Cement/Concrete, Wood Products
- Property Description
- 55 - 5-9 Units
- Flooring
- Vinyl, Carpet
- Heating
- Wall Furnace
- Air Conditioning
- None
- Roof
- Composition
- School District
- Puyallup
- Elementary School
- Stewart Elem
- Middle School
- Kalles Jnr High
- High School
- Puyallup High
- View
- Territorial
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.