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    344 7Th Street Pl SE Puyallup Puyallup, WA 98372

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    For Sale
    $3,950,000

    23-unit multifamily property in Puyallup with value-add potential.

    Property size:
    15,950 SF

    Property Features for 344 7Th Street Pl SE Puyallup

    General Information

    Standard status
    Active
    Size
    15,950 SF

    Building Details

    Year built
    1968

    Source: BERKADIA REAL ESTATE ADVISORS, LLC Agent STEVEN CHATTIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Puyallup 23-Unit Multifamily Investment

    The Esquire, located at 344 7th St SE, Puyallup, WA 98372, is a 23-unit multifamily property. Constructed in 1968, the property contains 22 two-bedroom units and one studio, with an average unit size of 693 square feet. The 15,950 square foot property is located in a limited inventory market. The well-maintained property features ongoing upgrades and an on-site laundry facility that contributes to the income stream. This property offers an opportunity for new owners to implement further enhancements and capitalize on the rental market by completing upgrades and raising market rents.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Puyallup
    County
    Pierce
    State
    Washington
    Longitude
    -122.285143
    Latitude
    47.176885

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    FAQs

    What type of property is this?
    Apartment building - 23-unit multifamily property in Puyallup with value-add potential.
    Where is this apartment building located?
    The property is located at 344 7Th Street Pl SE Puyallup Puyallup, WA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Strong Investment Opportunity: Located in Puyallup's limited inventory market.; - Value-Add Potential: Opportunity to increase returns by completing upgrades and raising market rents.; - Solid Unit Mix: Features 22 two-bedroom units and one studio.
    Request Owner's contact information
    344 7Th Street Pl SE Puyallup Puyallup, WA 98372
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    Puyallup, WA 98372
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    344 7Th Street Pl SE Puyallup Puyallup, WA 98372
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