Multifamily Puyallup WA MLS Search

Puyallup WA Multi-Family Style Real Estate & Homes

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Browse All duplex, triplex and 4plex Properties for Sale

$735,000
2567418 MLS PENDING Status
Great opportunity to own a well maintained duplex in a convenient Puyallup location with an excellent commute to Tacoma and surrounding areas. Each 3 bedroom, 1.5 bath unit offers an attached one car garage and a large, fully fenced backyard. The vacant left unit has received numerous updates, including new flooring, blinds, light fixtures, bathroom fixtures, a new water heater, and an updated kitchen with new countertops. Additional improvements include vinyl windows, updated plumbing, baseboard heaters and roof. Both units have new garage doors and exterior doors, while the gutters were replaced approximately 2 years ago. The large backyards are fully enclosed with newly installed fencing and gates, providing each unit with a private outdoor space and convenient access. The right unit offers an opportunity for future updates while currently providing rental income from a long-term tenant who has been reliable and consistently paid rent on time. The vacant left unit provides an opportunity for a new owner to establish rental income, with projected rents in the area of approximately $2,300 to $2,500 per month. Whether you're looking to expand your investment portfolio or live in one side while generating rental income from the other, this Puyallup duplex offers flexibility, recent improvements, and room to add value. Conveniently located for commuters with easy access to Tacoma and surrounding communities.

1314 12th Avenue NW, Puyallup

Listing courtesy of RE/MAX Realty South.

$624,950
2570051 MLS ACTIVE Status
Rare investment opportunity in Puyallup's desirable South Hill. This well-maintained duplex with long term tenants has never been vacant during the sellers ownership. It offers stable income today with a clear path to increased returns. Both units include large fully fenced yards with decks, attached 1-car garages and additional driveway parking. The property has enjoyed exceptional occupancy with long-term tenants. Current rents are slightly below market, providing a value-add opportunity for the next owner. Existing leases are month to month, allowing a defined timeline for potential rent increases and improved cash flow for new owner or owner occupancy with proper notice. New countertops are currently being installed throughout both units and are not reflected in the current photos. Tenants enjoy a single-family-home feel with the large fenced backyards, contributing to strong retention and consistent rental demand. Conveniently located near SR-512, shopping, dining, parks and schools. As an added investment opportunity, the purchaser of this duplex will be given the first rights to purchase the seller's adjacent duplex, creating the potential to expand ownership to four units in one prime location. Whether you're completing a 1031 exchange, expanding an existing portfolio, or just entering the multifamily market, this property offers great stability, future income and equity growth potential and a unique opportunity with a proven and reliable rental property.

916 40th Avenue SW, Puyallup

Listing courtesy of Northwest Premier Brokers.

$929,000
2535378 MLS ACTIVE Status
Completely updated in 2021. This 4-bedroom home lives like a 5 bedroom in a highly sought-after Puyallup neighborhood, featuring stunning Mt. Rainier views! The main level offers 3 bedrooms, a full bath, and a spacious open-concept kitchen with granite countertops, abundant cabinetry, and seamless flow into the large living and dining areas. Cozy up to the propane fireplace or enjoy entertaining in the bright, functional layout. Attached 1-car garage offers added convenience.The lower level has its own separate entrance and functions perfectly as an ADU or multi-generational living space. It includes 1 bedroom, a full bath, large kitchen area, spacious living room with propane fireplace, and an office that could serve as a second bedroom. Step outside and enjoy the full-length covered patio, perfect for year-round entertaining. Impressive 24' x 30' detached shop that is insulated and sheetrocked, complete with an 8-foot-deep storage area accessible from the outside of the shop. RV parking. Covered metal building to store all the toys and equipment. This versatile property offers endless possibilities for extended living, rental income, hobbies, or home-based business needs. Added development potential with a conceptual preliminary short plat already completed. 5 bedroom septic design and soil logs have been finished. There is potential for a duplex approval to be built on this property. (Broker and buyer to verify) Seller will pay buyers side of title and escrow.

11605 67th Avenue E, Puyallup

Listing courtesy of John L. Scott, Inc..

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