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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Apartment buildings
325 7th SE St Puyallup, WA 98372
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US90-1555570
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1965
Construction
WOOD FRAME
Total area
2,592 SF
Lot
3.12 ac (135,907 SF)
Zoning code
RM-20
APN
420273378
UPID
US90-1555570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$408k
Blend (final)
Blend
$510k
Owner & transaction history
Barbara A Batson · 1 yrs held
Barbara A Batson
since 2025
7 recorded transactions
Zoning & alternative use
RM-20 · Puyallup, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
M zones. § 20.25.023 Minimum density - RM zones. § 20.25.0235 RM zones menu options to achieve bonus density. § 20.25.024 Interior side yard setback zero lot line option. § 20.25.025 RM-10 dwelling unit mix. § 20.25.027 RM-20 side yard setbacks. § 20.25.028 Property development standards - Single-family uses. § 20.25.030 Required parking - Multiple-family an…
Zone name
High Density Multiple Family Residential Zone
General category
RESIDENTIAL
Zone area
489.20 ac
Top alternative use upside
Retail stores
$805,000
+62.4%
Medical building
$710,000
+43.5%
Warehouse, storage
$655,000
+32.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Puyallup submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Puyallup submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$495,000
Current use
RETAIL STORES
$805,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$710,000
Change: +43% · Conversion: Moderate
WAREHOUSE, STORAGE
$655,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$197 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$67,370
Tax year 2024
Assessed value
$6,139,100
Assessed 2024
Previous assessed
$6,139,100
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$775,600
Assessed improvement
$5,363,500
Land market value
$775,600
Improvement market value
$5,363,500
Total market value
$6,139,100
Applied tax rate
96.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
13
Stories
1
Units
4
Total area
2,592 SF
Lot
3.12 ac (135,907 SF)
Zoning code
RM-20
APN
420273378
UPID
US90-1555570
Jurisdiction
PIERCE
Metro division
TACOMA, WA METROPOLITAN DIVISION
Zoning & alternative use
RM-20 · Puyallup, WAZoning RM-20 · permitted uses
RM-20 · Puyallup, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
M zones. § 20.25.023 Minimum density - RM zones. § 20.25.0235 RM zones menu options to achieve bonus density. § 20.25.024 Interior side yard setback zero lot line option. § 20.25.025 RM-10 dwelling unit mix. § 20.25.027 RM-20 side yard setbacks. § 20.25.028 Property development standards - Single-family uses. § 20.25.030 Required parking - Multiple-family and conditionally permitted uses. § 20.25.035 Signs. § 20.25.040 Performance standards
Zone name
High Density Multiple Family Residential Zone
General category
RESIDENTIAL
Zone area
489.20 ac
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$495,000
RETAIL STORES
Est. value
$805,000
MEDICAL BUILDING
Est. value
$710,000
WAREHOUSE, STORAGE
Est. value
$655,000
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1965
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
13
Units
4
Lot
3.12 ac
Current owner
From public records · entity-resolved
Barbara A Batson
Individual
Mailing address
319 NE 7TH PL SE APT #1, PUYALLUP, WA 98372-3304
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2025
—
Barbara A Batson
Vicki L Bussey
Deed
—
Oct 11, 2024
—
Ronald Louis Mettler
Ronald Louis Mettler
Intrafamily Transfer
related
—
May 25, 2023
—
Cynthia Mcdonald
Viking Co Op Apartments
Assignment Of Lease (leasehold Sale)
—
May 3, 2022
—
Dean Ingemansen
Elizabeth A Murphy
Transfer On Death Deed
—
Dec 7, 2016
—
Cynthia M Russell
—
Deed
related
$70,000
Sep 21, 1989
$17,000
John H Mc Gowen III
Unknown
Grant Deed
—
—
—
Elizabeth A Murphy
—
Deed Of Trust
related
$62,000
—
—
Elizabeth A Murphy
—
Deed Of Trust
related
$62,000
—
—
Cynthia M Russell
—
Deed Of Trust
related
$70,000
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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