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$3,550,000
47 Days On Site
425 4th Street NEPuyallup, WA98372
For Sale|Residential Income|Active
0
Beds
0
Total Baths
1980
Built
Cumulative Days On Market:
47
Subdivision:
Puyallup
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Brendan Greenheck of Northmarq Multifamily, LLC
Listing courtesy of Brendan Greenheck of Northmarq Multifamily, LLC




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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.
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Listing Snapshot
Price
$3,550,000
Days On Site
47 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.662 Acres
Year Built
1980
MLS® Number
2384784
Status
Active
Property Tax
$27,249
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Price changed to $3,550,000 | |
a month ago | Status changed to Active | |
2 months ago | Listing first seen on site |
General Features
Acres
0.662
Number Of Stories
2
Parking Spaces
25
Sewer
Septic Tank
Interior Features
Flooring
CarpetVinyl
Heating
ElectricForced Air
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Exterior Features
Construction Details
Wood Siding
Fencing
Partial
Patio And Porch
Patio
Roof
Composition
Community Features
Financing Terms Available
Conventional
MLS Area
79 - Puyallup
School District
Puyallup
Schools
School District
Puyallup
Elementary School
Stewart Elem
Middle School
Kalles Jnr High
High School
Puyallup High
Courtesy of NWMLS
Listing courtesy of Brendan Greenheck of Northmarq Multifamily, LLC

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-06-29 04:21 PM PDT
Listing courtesy of Brendan Greenheck of Northmarq Multifamily, LLC

Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-06-29 04:21 PM PDT
Neighborhood & Commute
Source: Walkscore
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