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Updated 2-Bed Apartment Building
For Sale
Contact for pricing
Pending

501 11th Street SE, Puyallup, WA 98372

Stabilized multifamily with eight large two-bedroom units, in-suite washer/dryer, and sliding doors to a garden area.

Property SizeContact for details
Days on Market149

Property Features for 501 11th Street SE

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 8
Listing Agency: Northmarq
Listed By: Tyler Smith · License #78400
Source: Crexi
Added: Apr 10 Changed: Aug 13 Last Checked: Aug 31 at 8:15AM

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 Northmarq

Investment Insights

Based on property information with market context.

This apartment building offers eight large two-bedroom units, each with an in-suite washer and dryer. Seven of the eight units have been updated, providing a mix of refreshed interiors within a consistent unit layout. Each unit includes a sliding glass door that opens to a park-like garden area.

The property is situated near downtown Puyallup, with access to coffee, restaurants, employers, and grocery, plus easy access to the South Hill retail corridor.

All units are two-bedroom residences with washer/dryer in suite and private access to the shared garden area through the sliding glass doors.

Key Highlights

  • 8‑unit multifamily property with all units as large 2‑bedroom layouts
  • Each unit includes an in‑suite washer/dryer
  • Sliding glass doors open to a park‑like garden area from each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Computer & Electronic Repair Tanning Salon Wine and Liquor Store

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

387
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?
Apartment building - Stabilized multifamily with eight large two-bedroom units, in-suite washer/dryer, and sliding doors to a garden area.
Where is this apartment building located?
The property is located at 501 11th Street SE Puyallup, WA.
What are key features of this property?
This property features: 8‑unit multifamily property with all units as large 2‑bedroom layouts; Each unit includes an in‑suite washer/dryer; Sliding glass doors open to a park‑like garden area from each unit
More about this property
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