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.
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
Listed
$1,085,000
April 16, 2026
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.
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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.