334 340 4th Street SW, Puyallup, WA 98371
- $1,405,000
- 4,500
- SqFt
Listing courtesy of Toril Sells Houses Team. Selling Office: Redfin.
- Sold Price
- $1,405,000
- List Price
- $1,495,000
- Status
- SOLD
- MLS#
- 2380583
- Closing Date
- Oct 28, 2025
- Days on Market
- 107
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 4,500
- Area Total SqFt
- 4500
- Annual Tax Ammount
- 11675
- Lot Size (sq ft)
- 13,000
- Sewer
- Sewer Connected
Property Description
Location! Turn key, high demand, no vacancy 4-plex on a prime corner lot in the heart of downtown Puyallup walking distance to the library, Sparks Stadium, farmers market, Sounder station, fairgrounds & all restaurants & shops downtown has to offer. Check out the beautiful Mt.Rainer view! Approx $400k in upgrades including new roofing valleys, fresh interior & exterior paint, new flooring, fixtures & appliances, along w/ a new deck, fencing & gates. Solid rent. Each unit 1125 sqft, main level features living room, kitchen w/ eating area, washer/dryer closet, 1/2 bath & slider to a private patio. Upstairs, there are 2 bedrooms, w/ primary bdrm offering a deck to enjoy & full bath. Each unit has its own garage & parking stall-2 spots tandem.
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Additional Information
- List Date
- 2025-07-13 00:00:00
- Community
- Downtown
- Net Operating Income
- $91,947
- Gross Adjusted Income
- $120,000
- Gross Scheduled Income
- $120,000
- Total Monthly Income
- $10,000
- Insurance Expenses
- $3,893
- Water/Sewer/Garbage Expenses
- $8,182
- Gross Rent Multiplier
- 12.46
- Total Expenses
- $28,053
- Cap Rate
- 6.15
- Total Number of Units
- 4
- Unit Name
- 334 340
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- View
- Mountain(s)
- Roof
- Composition, Flat
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Other Expenses
- 4303
- Energy Source
- Electric
- School District
- Puyallup
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $10,000
- Gross Scheduled Income
- $120,000
- Gross Adjusted Income
- $120,000
- Tax Year
- 2025
- Insurance Expense
- $3,893
- W/S/G Expenses
- $8,182
- Total Expenses
- $28,053
- Net Operating Income
- $91,947
- Gross Rent Multiplier
- 12.46
- Cap Rate
- 6.15
Based on information submitted to the MLS GRID as of . 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.