ActiveMulti Family

408 2nd Street NW

Puyallup, WA 98371

$1,250,000

MLS# NWM2574077

3,986

Sq Ft

0.3306

Acres

9

Days Listed

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Listed By:
Tyler FreedWindermere Real Estate/PSK Inc

About This Home

Turnkey 5-unit investment opportunity in the heart of Downtown Puyallup! Extensively updated and exceptionally maintained, this property features five spacious 2-bedroom, 1-bath residences of approximately 775 square feet each, with beautifully remodeled interiors designed for lasting tenant appeal. Major improvements include a new roof in 2025, replaced electrical breaker panels throughout and upgraded triple-pane vinyl windows. Strong in-place rents provide immediate income, while the on-site coin-operated laundry offers an additional revenue stream. Situated on a generous 14,400 square foot corner lot with eight covered carport spaces plus three additional parking spaces. An outstanding location just blocks from the Puyallup Sounder Station and moments from downtown dining, shopping and amenities. A rare opportunity to acquire a renovated, income-producing 5-plex with significant capital improvements already completed in one of Puyallup’s most convenient locations.

Listing Updated: Sep 10, 2026, 8:28 PM UTC

Photos Updated: Sep 9, 2026

OnSite last checked: Sep 17, 2026, 5:09 PM UTC|Source: NWMLS as Distributed by MLS Grid #NWM2574077

Listing provided courtesy of Northwest MLS. Information contained herein is derived from different sources but has not been independently verified by OnSite Real Estate Group, MLS Grid, or the MLS, and should be verified by the buyer. Open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information.

Property Details

Property TypeMulti Family
StyleMulti Family
Year Built1976
Living Area3,986 sqft
Lot Size14,400 sqft
Lot Acres0.3306 ac
Total Parking19
HeatingWall Furnace
CoolingNone
Energy RatingThermal Windows
SewerSewer Connected
WaterPublic
FlooringVinyl, Carpet
RoofComposition
FoundationPoured Concrete
ViewTerritorial
ZoningMulti-Family
Annual Taxes$8,924 (2026)
Lot FeaturesCurbs, Paved, Sidewalk
Lot SourceCounty
Days on Market9
ListedSeptember 9, 2026

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Listed By

TF

Tyler Freed

Windermere Real Estate/PSK Inc

425-433-6974

Questions? Contact OnSite

AB

André Bohall

WA Lic. #25031564 · OnSite Real Estate Group

NWMLS Three Trees Logo

Listing data provided by NWMLS as distributed by MLS Grid. Data last refreshed: Sep 17, 2026, 5:09 PM UTC.

Based on information submitted to the MLS Grid as of Thu, Sep 17, 2026. All data is obtained from various sources and may not have been verified by broker or MLS Grid. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

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