112 4th Ave SE, Puyallup, WA 98372

Building Details

Year Built

1916

Listing agent TYLER BRETZ

Listing office URBAN COMMERCIAL PARTNERS, LLC t***@urbanseattle.com

Listing date Jun 18, 2025

Source Corcoran

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

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Overview

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%.

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Puyallup

County

Pierce

State

Washington

Longitude

-122.293

Latitude

47.1883

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FAQs

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.