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Puyallup Multifamily Community For Sale
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Pending

921 12th Ave SE, Puyallup, WA 98372

24-unit multifamily property in a quiet residential neighborhood.

Property SizeContact for details
Days on Market143

Property Features for 921 12th Ave SE

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%
Investment Type Stabilized
Net Operating Income $291,161

Building Details

Year Built 1973
Buildings 3
Stories 2
Units 24
Listing Agency: The Foundation Group
Listed By: Aaron Locke · License #WA 107646
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 12 at 2:23PM

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.

Lindale Apartments is a 24-unit multifamily community located in a quiet residential neighborhood of Puyallup within Pierce County. The property offers a mix of one- and two-bedroom units designed to appeal to a broad renter base, including individuals, couples, and small families. The property is located minutes from Downtown Puyallup, providing convenient access to local shopping, dining, and everyday services, along with major destinations such as MultiCare Good Samaritan Hospital and South Hill Mall. The property went through an interior renovation in 2016 and has been maintained on unit turns, featuring renovated units with modern finishes.

Key Highlights

  • 24‑unit multifamily community in a quiet residential neighborhood.
  • Convenient access to Downtown Puyallup, shopping, dining, and services.
  • Mix of one- and two‑bedroom units appealing to a broad renter base.

Property Analytics

Current Use

Lindale Apartments Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair Home Appliance Store Tech Support Center Catering Service

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

137
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 - 24-unit multifamily property in a quiet residential neighborhood.
Where is this apartment building located?
The property is located at 921 12th Ave SE Puyallup, WA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 24‑unit multifamily community in a quiet residential neighborhood.; Convenient access to Downtown Puyallup, shopping, dining, and services.; Mix of one- and two‑bedroom units appealing to a broad renter base.
(206) 774-5436 Call to check price and availability
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