Puyallup Investment
For Sale
$1,050,000
Pending
112 4th Ave SE, Puyallup, WA 98372
Value-add investment property in thriving Puyallup, near transit and retail.
Property SizeContact for details
Days on Market452
Property Features for 112 4th Ave SE
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1916
Listing Agency:
URBAN COMMERCIAL PARTNERS, LLC
Listed By:
TYLER BRETZ
(206) 519-4971
Source:
Corcoran
Added: Jun 18, 2025
Changed: Jul 6
Last Checked: Sep 11 at 7:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of URBAN COMMERCIAL PARTNERS, LLC
Investment Insights
Based on property information with market context.
This classic investment property is located in Puyallup and presents a value-add opportunity. Six of the seven units are unmodernized, offering the potential for strategic renovations. Upgraded units can command premium rents, aligning with market expectations for newly renovated apartments, enhancing asset value and cash flow. The property has a CBD zoning designation and an 8,370 square foot land size, allowing for versatile development options, including mixed-use, multifamily, and commercial expansion. Positioned near transit hubs and retail corridors, the property benefits from strong rental market demand, with a current CAP rate of 5.69% and a market CAP rate of 7.46%.
Key Highlights
- High Value‑Add Potential: Six of seven units are unmodernized, offering significant opportunity to increase rents.
- Strong Investment Opportunity: Current CAP rate of 5.69% with a market CAP rate of 7.46% indicates potential for increased cash flow.
- CBD Zoning: Allows for versatile development options.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,506
Businesses Nearby
Explore this area
Business Placement
Demographics for 98372, WA
26,652
Population
10,701
Households
2.5
Avg Household Size
39
Median Age
28%
College-Educated
95%
High-School Grad
13.3 sq mi
ZIP Area
2,004
Density / Sq Mi
$100,316
Median Household Income
$55,892
Median Earnings
$1,745
Median Rent
$570,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add investment property in thriving Puyallup, near transit and retail.
Where is this apartment building located?
The property is located at 112 4th Ave SE Puyallup, WA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: High Value‑Add Potential: Six of seven units are unmodernized, offering significant opportunity to increase rents.; Strong Investment Opportunity: Current CAP rate of 5.69% with a market CAP rate of 7.46% indicates potential for increased cash flow.; CBD Zoning: Allows for versatile development options.
