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$999,000
2542869 MLS ⋅ ACTIVE Status
Four Units!! Exceptional investment opportunity featuring a well-maintained fourplex situated on a spacious corner lot. Each thoughtfully designed unit offers 2 bedrooms and 2 bathrooms, including a private ensuite in the primary bedroom. Inviting living rooms feature cozy fireplaces, while bright kitchens with dining areas overlook the backyard. Sliding glass doors provide seamless access to private patios, creating an appealing indoor-outdoor living experience. Each unit also includes a dedicated laundry room and an attached one-car garage. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this property offers strong rental appeal in a highly desirable location. Functional floor plans, spacious living areas, and a sought-after location make this an excellent opportunity for investors seeking a quality income-producing property.

15408 74th Avenue E, Puyallup

Listing courtesy of Keller Williams Rty Tacoma.

$1,115,000
2534259 MLS ⋅ SOLD Status
Winsome Terrace 4 unit | 6.25% CAP: This well-maintained 4-unit multifamily property features four spacious two-bedroom, 1.5-bath townhouse-style units, each offering approximately 1,110 square feet, private back patios, second-floor decks, and wood-burning fireplaces. The property benefits from recent major capital improvements, including a new roof and chimney stacks completed in 2024, along with copper and ABS plumbing, updated electrical panels, and 8 on-site parking spaces. With one unit currently vacant, the property is well-positioned for an owner-occupied buyer seeking potential residential financing options, while investors can immediately place a tenant at market rent and continue stabilizing rents over time. Built in 1983 and located near shopping, dining, schools, employment centers, and major commuter routes, this South Hill asset offers a compelling combination of in-place income, value-add upside, and long-term investment stability in one of Pierce County’s growing rental markets.

12813 109th Avenue Ct E, Puyallup

Listing courtesy of COMPASS. Selling Office: Terry Wise & Associates.

$865,000
2527369 MLS ⋅ PENDING INSPECTION Status
Excellent Multi-Family Investment Opportunity in Downtown Puyallup!Well-maintained single-story 4-plex located in a desirable Puyallup location, offering strong rental appeal and investment potential. Situated at 322 7th St SW, this property features a practical one-level layout, appealing to a broad tenant base. Amenities include a shared on-site laundry room and convenient alley access, with Unit 4 offering the added benefit of private off-alley parking.Ideally located near downtown Puyallup amenities, shopping, dining, parks, and commuter routes, this property presents an outstanding opportunity for investors seeking stable income potential in a high-demand rental market. Add to your portfolio or invest in a versatile multi-family property with long-term upside.

322 7th Street SW Unit #1-4, Puyallup

Listing courtesy of Washington Realty Group.

$1,085,000
2502695 MLS ⋅ SOLD Status
Seize a truly exceptional investment opportunity with this fully occupied, income-generating 4-plex. This turnkey asset offers immediate cash flow with 100% occupancy, minimizing investor risk and maximizing immediate returns. The true game-changer is the property's rarely seen scale: it sits on a sprawling 0.78-acre parcel. This substantial acreage is the engine of future value appreciation, offering a clear path to expansion or subdivision for additional units, effectively future-proofing your investment. The building itself is meticulously designed for high tenant appeal and retention, featuring four identical, spacious 1,000 square foot units, each with a highly desirable 2-bedroom, 1.5-bathroom configuration. The quality of the units is a major draw; three have been upgraded with modern finishes, and all four include highly coveted in-unit washer/dryers and private balconies/patios, amenities that ensure long-term tenancy. The excellent location and strong unit mix, the property offers generous on-site parking, including both covered and uncovered spaces, plus dedicated RV parking, further enhancing tenant convenience. This is more than just a four-plex; it is a strategically located, immediately profitable asset with unparalleled potential for substantial capital growth through future development. Don't miss this opportunity to acquire a cash-flowing property that delivers stable income now while providing a foundational asset for a future large-scale project.

11214 126th Avenue Ct E, Puyallup

Listing courtesy of Redfin. Selling Office: Skyline Properties, Inc..

$830,000
2488035 MLS ⋅ SOLD Status
Solid, Turn-key Fourplex on a rare .57-acre lot in a quiet, rural setting with potential to add additional units or an ADU (buyer to verify). Major systems have been updated, including newer windows, roof, exterior paint, and interior improvements, minimizing near-term capital expenses. All units are 2 bed / 1 bath; upper units feature balconies and lower units offer private patios. A shared coin-op laundry provides additional income and tenant convenience. The outbuilding/garage is currently unused and could provide additional rental income. The property is fully occupied with strong tenants (two in leases, two month-to-month). Current rents are below market, offering clear upside through future increases. 8.5% Market Cap Rate (6.5% Current), this is an attractive opportunity for investors or owner-occupants looking to house hack. Conveniently located near shopping, schools, and transit, this property benefits from consistent rental demand and long-term growth potential.

10712 64th Avenue E, Puyallup

Listing courtesy of Real Broker LLC. Selling Office: Windermere RE/Lake Tapps, Inc.

$850,000
2480206 MLS ⋅ SOLD Status
Fully rented, well-maintained fourplex offering consistent income and strong rental appeal. All units feature matching 2-bedroom, 1-bath floor plans with spacious living areas, functional kitchens with dining nook, private balcony or patio, and in-unit washer and dryer. Quiet dead-end street location near shopping and with quick access to SR-512. Four covered parking spaces plus additional uncovered parking. Broker Remarks Interior Viewing upon MA; (fully occupied) Please use Aegis land and title, Do not disturb tenants. The units are all the exact same layout. 4plex across from street it's also available. I have multiple pictures available. supplements for rental income for each unit.

9919 132nd Street Ct E, Puyallup

Listing courtesy of Skyline Properties, Inc.. Selling Office: Pellego, Inc..

$850,000
2480159 MLS ⋅ SOLD Status
Fully rented, well-maintained fourplex offering consistent income and strong rental appeal. All units feature matching 2-bedroom, 1-bath floor plans with spacious living areas, functional kitchens with dining nook, private balcony or patio, and in-unit washer and dryer. Quiet dead-end street location near shopping and with quick access to SR-512. Four covered parking spaces plus additional uncovered parking.

9920 132ND Street Ct E, Puyallup

Listing courtesy of Skyline Properties, Inc.. Selling Office: Pellego, Inc..

$829,000
2460986 MLS ⋅ SOLD Status
Excellent opportunity to own a well-located, single-level 4-plex in the desirable South Hill/Puyallup area. The property has two 2bd/1ba units and two 1bd/1ba units, offering an easy rental mix. A central coin-operated laundry room includes dedicated storage units for added tenant convenience for more income and convenience for the tenants. The roof was replaced seven years ago, and all units feature updated vinyl thermal-pane windows. The 2bd units have been improved with durable LVP flooring and full interior repainting. Tenants are responsible for electricity, owner covers water, garbage, and laundry room power. Convenient access to shopping, dining, public transportation, schools, and nearby parks.

11101 124th Street E, Puyallup

Listing courtesy of Real Broker LLC. Selling Office: Keller Williams North Seattle.

$1,195,500
2456277 MLS ⋅ SOLD Status
Fully rented and well-maintained 4-plex in excellent location of South Hill, Puyallup, just waiting for the right investor. Each unit is 2 bedroom, 1.5 baths with 1249 sf, washer/dryer in unit, a fireplace, fenced backyard with patio and 1 car garage with additional parking. Featuring quartz countertops in kitchens and baths, as well as LVP flooring in the living areas of 3 units. Recently installed new furnaces and Hot water tanks where needed. Large lot with room for additional expansion, ie storage spaces or building? This low-maintenance value-add investment can grow or start your portfolio. Easy access to freeways, shopping, and hospitals.

12401 -12407 111th Avenue E, Puyallup

Listing courtesy of Windermere Prof Partners. Selling Office: ZNonMember-Office-MLS.

$870,000
2424115 MLS ⋅ SOLD Status
4 plex-always rented. Current owners have owned since 2004. 2 bed/1 bath each unit. w/d hookups, fireplaces, 4 bay storage unit on premises. 2 units fully remodeled and 2 partially remodeled. Huge upside for the rental income. Good roof just cleaned, new exterior paint. 4 carport covered parking w/storage and 4 uncovered. top 2 units with decks and bottom 2 units with patios. Peaceful treed natural setting and RV parking on the side.

13302 98th Avenue Ct E, Puyallup

Listing courtesy of John L. Scott, Inc.. Selling Office: RE/MAX Extra Inc..

$825,000
2419287 MLS ⋅ SOLD Status
Welcome to this meticulously maintained fourplex! This big, beautiful, multifamily won't disappoint! Close to all that South Hill has to offer. Each unit consists of 2 bedrooms, 1 bath, updated interiors, private deck/patios, full size washer/dryers, and a large covered parking area. Pre-inspected for your convenience. Come invest in your future!

13420 98th Ave Ct E, Puyallup

Listing courtesy of Home Realty. Selling Office: Kidder Mathews.

$1,405,000
2380583 MLS ⋅ SOLD Status
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.

334 340 4th Street SW, Puyallup

Listing courtesy of Toril Sells Houses Team. Selling Office: Redfin.

$1,220,000
2376534 MLS ⋅ SOLD Status
This unique remodeled 4-plex in Puyallup offers incredible potential, with current rents well below market value. The expansive property includes a large 6,256 sqft building on a 16,117sqft lot. Each of the four units spans approximately 1,562 sqft, featuring 3 bedrooms, 2 bathrooms, and a private garage. Units come equipped with a range/stove, refrigerator, and dishwasher, and have been updated with new quartz countertops and vanities. Remodeled units also boast new LVP flooring and cabinets. Enjoy relaxing or grilling on the spacious balconies. The complex is in excellent condition, with additional parking available in front of the garages. A perfect house hack. Great South Hill location. Unit C available for showings.

12214 105th Avenue Ct E, Puyallup

Listing courtesy of Every Door Real Estate. Selling Office: Skyline Properties, Inc..

$850,000
2338962 MLS ⋅ SOLD Status
For investors seeking a reliable income! Highly desirable Puyallup Valley large lot property sporting 2 duplexes and a land lease with Verizon for 5 INCOMES IN ONE PLACE! Duplexes freshly painted and roofed with warranty. Each unit has two bedrooms, one bath. 875 sq ft, carport and additional parking. Unit 1211 remodel in 2022 with new kitchen cabinets, granite countertops, and flooring. Low-maintenance property, sewer connected, with long-term Tenants. Located near Aylen Jr High, shopping, dining, public transport, Sounder Station, and freeway. Recently installed new furnaces and Hot water tanks where needed. Seller offering a one-year home warranty for each unit with America's Preferred Home Warranty!

1209 -1211 4th Avenue NW, Puyallup

Listing courtesy of Windermere Prof Partners. Selling Office: John L. Scott, Inc..

$1,050,000
2330583 MLS ⋅ SOLD Status
Wonderful 4-plex in prime location South Hill/Puyallup. Bring all offers. Add this profitable 4 plex to your portfolio or House Hack opportunity to live in one unit and rent out 3. Excellent cash flow opportunity with rents below market. Happy long term tenants. All units are Townhouse style. Each unit boasts a huge primary BR with double full size closets and a covered balcony off the primary. BR 2 also has 2 closets. Large full bathroom complete the rooms on the upper. Non Smoking Building over 15 years. Windows and sliders have been updated. Durable single-ply/metal roof. 2+3 have been updated 1+4 long term tenants. It's rare to find a 4-plex in Puyallup/South Hill, don't miss it. Pre-Listing Inspection report available upon request.

403 43rd Avenue SW Unit #1234, Puyallup

Listing courtesy of Dove Realty, Inc.. Selling Office: Multifamily Properties.

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.
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