Skip to content
JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Puyallup.
Photo Unavailable
Sold

Listed by Victoria Baptiste, Redfin · Buyer brokerage: Skyline Properties, Inc.

4,072
Square feet
$266
Per sq ft
Multi Family
Type
1979
Year built
33,977 sq ft
Lot
3
Days on market

About this property

Seize a truly exceptional investment opportunity with this fully occupied, income-generating 4-plex. This turnkey asset offers immediate cash flow with 100% occupancy, minimizing investor risk and maximizing immediate returns. The true game-changer is the property's rarely seen scale: it sits on a sprawling 0.78-acre parcel. This substantial acreage is the engine of future value appreciation, offering a clear path to expansion or subdivision for additional units, effectively future-proofing your investment. The building itself is meticulously designed for high tenant appeal and retention, featuring four identical, spacious 1,000 square foot units, each with a highly desirable 2-bedroom, 1.5-bathroom configuration. The quality of the units is a major draw; three have been upgraded with modern finishes, and all four include highly coveted in-unit washer/dryers and private balconies/patios, amenities that ensure long-term tenancy. The excellent location and strong unit mix, the property offers generous on-site parking, including both covered and uncovered spaces, plus dedicated RV parking, further enhancing tenant convenience. This is more than just a four-plex; it is a strategically located, immediately profitable asset with unparalleled potential for substantial capital growth through future development. Don't miss this opportunity to acquire a cash-flowing property that delivers stable income now while providing a foundational asset for a future large-scale project.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2502695
Listed
April 16, 2026
Days on market
3
Price per sq ft
$266
Sold price
$1,085,000
Sold
May 22, 2026

Unit & building

Stories in building
2
Units in building
4

Parking

Parking
RV Parking
Covered spaces
4
Total spaces
10

Construction

Year built
1979
Style
54 - 4-Plex
Structure
Quadruplex
Roof
Composition

Heating & cooling

Heating
Baseboard
Cooling
None
Energy source
Electric

Flooring

Flooring
VinylCarpet

Lot

Lot features
Cul-De-SacDead End StreetPavedValue In Land
Lot size
33,977 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Puyallup
Sewer
Puyallup

Schools

District
Puyallup
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • RV Parking
  • Quadruplex
  • Composition
  • Baseboard
  • None
  • Electric
  • Vinyl
  • Carpet
  • Cul-De-Sac
  • Dead End Street
  • Paved
  • Value In Land

Listing history

  1. Listed

    $1,085,000

    April 16, 2026

  2. Sold

    $1,085,000

    May 22, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$6,318

Principal & interest
$5,486
Property tax (est.)
$832

Assumes $217,000 down (20%), a $868,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of September 4, 2026 at 11:30 PM PDT. 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.