1 of 14

Want to see this property?

Listing courtesy of NWMLS / Northmarq Multifamily, LLC

425 4th Street NE

Puyallup, WA 98372

– beds
– baths
– sqft
~3/4 acre lot
1980 build

We are pleased to present Prestige Townhomes, a well-maintained 1980 vintage asset located in Puyallup, WA. This 12-unit property features spacious, turnkey 2-bedroom, 1.5 bath townhomes with in-unit laundry averaging 940 SF. Each unit is equipped with modern finishes, including vinyl plank flooring, quartz countertops, stainless-steel appliances, and copper plumbing. The property currently achieves an average rent of $2,052 per unit, with the highest rent at $2,300 and two additional units rented at $2,195. With market rents exceeding current levels, there is a clear path to increase average rents by approximately $150/unit, to potentially $248/unit unlocking additional revenue potential for new ownership.

Listing courtesy of NWMLS / Northmarq Multifamily, LLC

Last checked: Checking… • Last updated Jun 2, 2025 •

MLS# 2384784 —

The Building

Year Built:

1980
New Construction:

false
Structure Type:

Multi Family
Roof:

Composition
Security Features:

Partially Fenced
Exterior Features:

Wood Products
Units In Building Total:

12
# of Units Total:

12
Stories Total:

2
Building Area Units:

Square Feet
Construction Materials:

Wood

Interior

Flooring:

Vinyl Plank, Carpet
Fireplace:

false

Financial & Terms

Possession:

Closing

Location

Latitude:

47.194906
Longitude:

-122.288965
Directions:

Take Exit 137 from I-5 S; Take Valley Ave E. Turn right onto Milwaukee Ave E; Turn right onto 5th Ave NE; Turn left at the 1st cross street onto 4th St NE; Turn left.

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Parcel Number:

7600000221
Lot Size Units:

Square Feet
Lot Size Acres:

0.662
Lot Size SqFt:

28838
Lot Size Source:

County
View:

false
Waterfront:

false
Irrigation Water Rights:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

27249

The Listing

Special Listing Conditions:

None

Heating & Cooling

Cooling:

false
Heating:

true
Cooling:

None
Heating:

Forced Air

Utilities

Sewer:

Septic Tank
Water Sewer Garbage:

19665

Schools

Elementary School:

Stewart Elem
Middle Or Junior School:

Kalles Jnr High
High School:

Puyallup High
High School District:

Puyallup

The Community

Subdivision Name:

Puyallup
Amenities:

See Remarks
Senior Community:

false
Association:

false

Parking

Parking Total:

25
Parking Uncovered Spaces:

25
Open Parking:

true
Open Parking Spaces:

25
Carport:

false

Listing courtesy of NWMLS / Northmarq Multifamily, LLC

This "Three Trees" icon indicates a listing provided courtesy of NWMLS. Based on information submitted to the MLS GRID as of Sun Jun 15 2025 12:40 PM. 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. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/2/25 Jun 2, 2025	Price Changed	NWMLS	$3,550,000	-4.1%
5/29/25 May 29, 2025	Listed / Active	NWMLS	$3,700,000
3/31/16 Mar 31, 2016	Sold	NWMLS

Want a closer look?

Go see 425 4th Street NE

Or Call Toll Free 1-800-258-2512

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Puyallup, WA

Similar sold homes

This multifamily located in Downtown Puyallup, Puyallup, WA 98372 is currently for sale for $3,550,000. 425 4th Street NE is a – square foot multifamily with – beds and – baths. 425 4th Street NE is in the Downtown Puyallup neighborhood of Puyallup and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Kalles Junior High School, Puyallup High School, and Stewart Elementary School.

Listing courtesy of NWMLS / Northmarq Multifamily, LLC

Disclaimer: The information contained in this listing has not been verified by Northmarq Multifamily, LLC and should be verified by the buyer.