232 4th Avenue NW, Puyallup, WA 98371
- $575,000
- 1,831
- SqFt
Listing courtesy of The Real Estate Firm.
- List Price
- $575,000
- Status
- ACTIVE
- MLS#
- 2515748
- Price Change
- ▼ $24,000 1787550311
- Days on Market
- 124
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 1,831
- Lot Size (sq ft)
- 7,200
Property Description
Prime Downtown Puyallup investment opportunity! This fully renovated (2016) triplex at 232 4th Ave NW offers high rental demand near the Sound Transit station with just over 1,800 sq ft, boasting updated interiors while retaining classic charm in a walkable, top-tier location. The lot is zoned CBD (buyer to verify). There are two units downstairs and one upstairs. 100% new electrical and plumbing done in 2017.
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Additional Information
- List Date
- 2026-05-12 00:58:11
- Community
- Downtown
- Potential Terms
- Cash, Conventional, Owner Will Carry
- Year Built
- 1900
- Roof
- Composition
- School District
- Puyallup
- Total Monthly Income
- $3,850
- Gross Scheduled Income
- $46,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $43,890
- Tax Year
- 2025
- Insurance Expense
- $2,026
- W/S/G Expenses
- $3,338
- Total Expenses
- $11,548
- Net Operating Income
- $34,652
- Gross Rent Multiplier
- 12.45
- Cap Rate
- 6.02
Mortgage Calculator
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.