112 4th Avenue SE, Puyallup, WA 98372 (MLS # 2387090)
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Listing provided courtesy of Northwest MLS; Urban Commercial Partners, LLC
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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%.
| LAST UPDATED | 6/6/2025 | TRACT | Puyallup |
|---|---|---|---|
| YEAR BUILT | 1916 | COMMUNITY | Puyallup |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 83 - Puyallup |
| CONSTRUCTION | Wood Siding |
| HEAT | Electric, Fireplace Insert |
| LOT | 8368 sq ft |
| LOT DESCRIPTION | Alley, Paved |
| MLS STATUS | Active |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Puyallup |
| TAXES | 9383 |
| UTILITIES | Sewer Connected |
| WATER | Public |
| ZONING | Commercial |
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/7/25 6:37 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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