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Renovated Triplex with Off-Street Parking
For Sale
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414 5th St NE, Puyallup, WA 98372

Recently renovated triplex offers updated units, off-street parking, and a common laundry room on a large lot.

Property SizeContact for details
Days on Market121

Property Features for 414 5th St NE

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: The Foundation Group
Listed By: Ethan Szmania · License #WA 125178
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 2:34PM

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 The Foundation Group

Investment Insights

Based on property information with market context.

This recently renovated triplex features three updated units with new cabinetry, quartz countertops, stainless steel appliances, light fixtures, water heater, flooring, and roof improvements completed in 2021. The building also includes a common laundry room and additional storage, and all three units are currently vacant.

The property is set on a large lot and offers substantial off-street parking. The site presents potential for a new owner to construct secure garage parking or additional townhouse-style development, subject to buyer verification.

Rents are presented as pro-forma, and the building is ready for an owner to set new leases following the extensive interior and exterior updates.

Key Highlights

  • Recently renovated triplex in NE Puyallup with substantial off‑street parking
  • All three units updated with new cabinetry, quartz countertops, stainless steel appliances, light fixtures, flooring, and water heater and roof (2021)
  • Common laundry room plus additional storage in the building

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Home Appliance Store Computer & Electronic Repair Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,761
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Recently renovated triplex offers updated units, off-street parking, and a common laundry room on a large lot.
Where is this triplex located?
The property is located at 414 5th St NE Puyallup, WA.
What are key features of this property?
This property features: Recently renovated triplex in NE Puyallup with substantial off‑street parking; All three units updated with new cabinetry, quartz countertops, stainless steel appliances, light fixtures, flooring, and water heater and roof (2021); Common laundry room plus additional storage in the building
(206) 920-5332 Call to check price and availability
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