246 4th Avenue NW, Puyallup, WA 98371
- $550,000
- 1,864
- SqFt
Listing courtesy of Keller Williams Realty PS.
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 2569939
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 1,864
- Area Total SqFt
- 1864
- Annual Tax Ammount
- 5074
- Lot Size (sq ft)
- 7,200
- Sewer
- Sewer Connected
Property Description
Historic 1906 charm meets investment opportunity in the heart of Downtown Puyallup. This versatile duplex offers the flexibility to rent both units, live in one while generating rental income from the other, or explore future possibilities with Commercial Business District zoning—buyer to verify permitted uses. Both units are 2 bedroom 1 bath each, and offer washer and dryer hookups. Original character shines through with hardwood floors beneath the carpet in the lower unit. Outside, the large corner lot offers alley access, a fully fenced yard, one-car detached garage, and one-car covered carport. The location is hard to beat, with excellent walkability and easy access to Downtown Puyallup shops, restaurants, seasonal markets, Pioneer Park, and local events like Thursday night Music in the Park. The Sounder Train Station, freeway access, schools, Good Samaritan Hospital, and numerous medical clinics are all just minutes away. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your expenses, or capitalize on the property's central location and zoning, this is a compelling opportunity in the heart of Puyallup.
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Additional Information
- List Date
- 2026-08-19 00:13:12
- Community
- Nw Puyallup
- Net Operating Income
- $3,866
- Gross Adjusted Income
- $12,900
- Gross Scheduled Income
- $12,900
- Total Monthly Income
- $1,075
- Insurance Expenses
- $1,737
- Water/Sewer/Garbage Expenses
- $2,223
- Gross Rent Multiplier
- 42.63
- Total Expenses
- $9,034
- Cap Rate
- 0.7000000000000001
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 246
- Potential Terms
- Cash, Conventional
- Year Built
- 1906
- Roof
- Composition
- Site Features
- Fenced-Fully, Gas Available, Outbuildings
- Energy Source
- Electric, Natural Gas
- School District
- Puyallup
- Elementary School
- Stewart Elem
- Middle School
- Kalles Jnr High
- High School
- Puyallup High
- Total Monthly Income
- $1,075
- Gross Scheduled Income
- $12,900
- Vacancy Rate
- 5
- Gross Adjusted Income
- $12,900
- Tax Year
- 2026
- Insurance Expense
- $1,737
- W/S/G Expenses
- $2,223
- Total Expenses
- $9,034
- Net Operating Income
- $3,866
- Gross Rent Multiplier
- 42.63
- Cap Rate
- 0.7000000000000001
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.