112 4th Avenue SE

Puyallup, WA 98372

  • Bed

  • Bath

  • 3840 SqFt

  • 2 DOM

  • Built: 1916

  • Status: Active

$1,050,000

X

112 4th Avenue SE

Puyallup 98372

$1050000

  • Bed

  • Bath

  • 3840 SqFt

  • 2 DOM

  • Built: 1916

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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%.

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Residence Information

  • 3840

  • Composition

  • 55 - 5-9 Units

  • 1916

  • Poured Concrete

Features and Utilities

  • Wood Products

  • Public

  • Sewer Connected

  • 0

Financial

  • 9383

  • Cash Out, Conventional

  • 06-06-2025

Comparable Information

  • 2

  • 2

  • Cash Out, Conventional

  • $1,050,000

  • $1,050,000

  • Jun 06, 2025 20:47

Schools

Map

Listing courtesy of Urban Commercial Partners, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jun 08, 2025 07:19 | Listing last modified Jun 06, 2025 20:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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