Puyallup, WA Multifamily Properties for Sale

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Updated: Jul 9, 2025

Renovated Multifamily Building in Puyallup

219 5th Ave NE, Puyallup, WA 98372

$4,549,900

20,792 sqft

Opportunity to increase rents by an average of 14% to meet current market rates.
Current 6.00% Cap Rate can be raised to 7.24%.
Excellent location in the heart of Puyallup, WA with a Walk Score of 87/100.
Renovated multi‑family building.
Mix of unit types: 1BD/1BA, 2BD/1BA, and 4BD/1.5BA.

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This listing looks promising.

Here's a quick look at some key insights for

219 5th Ave NE, Puyallup, WA 98372

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Est. Cap Rate

5.5%
NOI ÷ price
Est. NOI

$252K
Annual
Price @ 7% Cap

$3.59M
Suggested
Property Type

Duplex
Built 1907

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Updated: Mar 13

Puyallup Land with Income Potential

1414 2nd St SE, Puyallup, WA 98372

$1,000,000

Prime location near Good Samaritan Hospital in Puyallup
Income‑generating existing duplex on the property
Great development opportunity
Multiple parcels included in the sale
Seller has conceptual drawings showing building options

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Puyallup Investment Opportunity

112 4th Ave SE, Puyallup, WA 98372

$1,050,000

Value-add investment property in thriving Puyallup, near transit and retail.

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Puyallup Multifamily Community For Sale

921 12th Ave SE, Puyallup, WA 98372

$4,300,000

24-unit multifamily property in a quiet residential neighborhood.

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Mixed-Use Property in Central Puyallup

206 Meridian St, Puyallup, WA 98371

$1,350,000

Leased mixed-use property in Puyallup's Central Business District.

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Puyallup 23-Unit Multifamily Investment

344 7th Street SE, Puyallup, Puyallup, WA 98372

$3,950,000

15,950 sqft

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

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Puyallup Townhome Development Opportunity

113 27th Avenue #041903-2-099, Puyallup, WA 98374

$1,100,000

12 townhomes in prime location near freeways, shopping, and dining.

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Renovated Apartment Building

219 5TH, Puyallup, WA 98372

$4,549,900

18,594 sqft

Renovated multifamily property with a mix of 1-, 2-, and 4-bedroom units in Puyallup, WA.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Puyallup, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fife Village Apartments For Sale

2102 62nd Ave E, Fife, WA 98424

$2,100,000

16-unit multifamily community in Fife, Washington.

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Renovated 42-Unit Apartment Complex

5610 23rd Street E, Fife, WA 98424

$7,950,000

Newly renovated 42-unit apartment complex in Fife, Washington.

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9.36-Acre Development Site

5114 112th St E, Tacoma, WA 98446

$6,750,000

9.36-acre site in Pierce County, zoned for high-density development.

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High-Density Development Land Available

508 112th St E, Tacoma, WA 98445

$9,400,000

Land with high-density zoning, ideal for multifamily or senior housing.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Recreational Land Near Mount Rainier

55912 317th Avenue E, Ashford, WA 98304

$80,000

Recreational land with RV hookups near Mount Rainier National Park.

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Sequim Land with Panoramic Views

463 Miller Road, Sequim, WA 98382

$1,199,000

9.90 AC lot

9.9 acres with saltwater, mountain, and city views.

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Lexington Westside Highway RV Resort

1820 West Side Hwy, Kelso, WA 98626

Contact for pricing

20.00 AC lot

Proposed 184-space RV resort with river access in Lexington.

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Naches RV Resort Bluff-Top Lot

62-1769 Naches Wenas Rd, Selah, WA 98942

$110,000

Bluff-top RV lot with full hookups and resort amenities.

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Off-Market Properties in Puyallup, WA

Consider similar Off-Market properties in Puyallup, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (5+ UNITS)

344 7th SE St, Puyallup, WA 98372-3861

$3,185,000

Estimated value

17,080 sqft 1.09 AC lot

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MOBILE HOME PARK, TRAILER PARK

6101 89th St E Ct, Puyallup, WA 98371-6201

$2,290,000

Estimated value

1,015 sqft 19.30 AC lot

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APARTMENT HOUSE (5+ UNITS)

12311 112th Ave E Ct, Puyallup, WA 98374-2823

Unit 12315

Value Estimation by Request

2,560 sqft 0.78 AC lot

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APARTMENT HOUSE (5+ UNITS)

425 4th NE St, Puyallup, WA 98372-3088

Value Estimation by Request

6,668 sqft 0.66 AC lot

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APARTMENT HOUSE (5+ UNITS)

1100 7th SE Ave, Puyallup, WA 98372-4903

Value Estimation by Request

1,500 sqft 1.25 AC lot

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APARTMENT HOUSE (5+ UNITS)

13302 98th Ave E Ct, Puyallup, WA 98373-9120

Value Estimation by Request

3,318 sqft 0.37 AC lot

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APARTMENT HOUSE (5+ UNITS)

206 Meridian, Puyallup, WA 98371-5916

$975,000

Estimated value

6,066 sqft 0.09 AC lot

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APARTMENT HOUSE (100+ UNITS)

13507 99th E Ave, Puyallup, WA 98373-9183

Value Estimation by Request

13,772 sqft 9.04 AC lot

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APARTMENT HOUSE (5+ UNITS)

12214 105th Ave E Ct, Puyallup, WA 98374-2631

$915,000

Estimated value

4,928 sqft 0.37 AC lot

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MOBILE HOME PARK, TRAILER PARK

7714 Riv E Rd, Puyallup, WA 98371-3843

Value Estimation by Request

2,046 sqft 1.40 AC lot

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APARTMENT HOUSE (5+ UNITS)

12908 109th Ave E Ct, Puyallup, WA 98374-3092

Value Estimation by Request

3,200 sqft 0.53 AC lot

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APARTMENT HOUSE (5+ UNITS)

12915 109th Ave E Ct, Puyallup, WA 98374-3091

$690,000

Estimated value

6,600 sqft 0.73 AC lot

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APARTMENT HOUSE (5+ UNITS)

12927 109th Ave E Ct, Puyallup, WA 98374-3091

$685,000

Estimated value

6,600 sqft 0.63 AC lot

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APARTMENT HOUSE (5+ UNITS)

325 7th SE St, Puyallup, WA 98372

$510,000

Estimated value

2,592 sqft 3.12 AC lot

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APARTMENT HOUSE (5+ UNITS)

817 5th SW St, Puyallup, WA 98371-6862

Value Estimation by Request

2,880 sqft 0.21 AC lot

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APARTMENT HOUSE (5+ UNITS)

902 10th SE Ave, Puyallup, WA 98372-4967

Value Estimation by Request

3,104 sqft 0.30 AC lot

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Puyallup, WA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Puyallup, WA, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 55,336 square feet of properties for sale, with an estimated market value of $13,049,800.

Sale prices for multifamily properties in Puyallup, WA start at $3,950,000, averaging $4,349,933, and reaching up to $4,549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 160K

Population Growth (5Y) +11.3%

Median Household Income $104,810

College Educated 37.6%

High-Yield Neighborhoods for Investment

Identify Puyallup submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
98371	$1.1M
98374	$1.1M
98372	$2.9M

Taxes & Financing

Tax Rate (average for all types) 1.02%

Property Tax per SF $11.68 per SF

Tax Rate vs County Average 0.11 pp above county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Puyallup fall within the 100,000+ square foot range.

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Puyallup, WA Multifamily Properties for Sale

219 5th Ave NE, Puyallup, WA 98372

1414 2nd St SE, Puyallup, WA 98372

112 4th Ave SE, Puyallup, WA 98372

921 12th Ave SE, Puyallup, WA 98372

206 Meridian St, Puyallup, WA 98371

344 7th Street SE, Puyallup, Puyallup, WA 98372

113 27th Avenue #041903-2-099, Puyallup, WA 98374

219 5TH, Puyallup, WA 98372

Opportunities in Nearby Cities

2102 62nd Ave E, Fife, WA 98424

5610 23rd Street E, Fife, WA 98424

5114 112th St E, Tacoma, WA 98446

508 112th St E, Tacoma, WA 98445

Potential Development Sites for Consideration

55912 317th Avenue E, Ashford, WA 98304

463 Miller Road, Sequim, WA 98382

1820 West Side Hwy, Kelso, WA 98626

62-1769 Naches Wenas Rd, Selah, WA 98942

Off-Market Properties in Puyallup, WA

344 7th SE St, Puyallup, WA 98372-3861

6101 89th St E Ct, Puyallup, WA 98371-6201

12311 112th Ave E Ct, Puyallup, WA 98374-2823

425 4th NE St, Puyallup, WA 98372-3088

1100 7th SE Ave, Puyallup, WA 98372-4903

13302 98th Ave E Ct, Puyallup, WA 98373-9120

206 Meridian, Puyallup, WA 98371-5916

13507 99th E Ave, Puyallup, WA 98373-9183

12214 105th Ave E Ct, Puyallup, WA 98374-2631

7714 Riv E Rd, Puyallup, WA 98371-3843

12908 109th Ave E Ct, Puyallup, WA 98374-3092

12915 109th Ave E Ct, Puyallup, WA 98374-3091

12927 109th Ave E Ct, Puyallup, WA 98374-3091

325 7th SE St, Puyallup, WA 98372

817 5th SW St, Puyallup, WA 98371-6862

902 10th SE Ave, Puyallup, WA 98372-4967

Puyallup, WA Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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