425 4th Street Ne, Puyallup, WA 98372

Local realty services provided by:Imagine Realty ERA Powered
Listed by:brendan greenheck
Office:northmarq multifamily, llc.
MLS#:2384784
Source:NWMLS
425 4th Street Ne,Puyallup, WA 98372
$3,550,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$3,550,000

About this home

We are pleased to present Prestige Townhomes, a well-maintained 1980 vintage asset located in Puyallup, WA. This 12-unit property features spacious, turnkey 2-bedroom, 1.5 bath townhomes with in-unit laundry averaging 940 SF. Each unit is equipped with modern finishes, including vinyl plank flooring, quartz countertops, stainless-steel appliances, and copper plumbing. The property currently achieves an average rent of $2,052 per unit, with the highest rent at $2,300 and two additional units rented at $2,195. With market rents exceeding current levels, there is a clear path to increase average rents by approximately $150/unit, to potentially $248/unit unlocking additional revenue potential for new ownership.

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Home facts

  • Year built:1980
  • Listing ID #:2384784
  • Updated:September 25, 2025 at 01:43 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1980
  • Lot area:0.66 Acres

Schools

  • High school:Puyallup High
  • Middle school:Kalles Jnr High
  • Elementary school:Stewart Elem

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,550,000
  • Tax amount:$27,249 (2024)
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