1204 1216 7th Avenue SE, Puyallup, WA 98372

Active

1204 1216 7th Avenue SE, Puyallup, WA 98372


Courtesy of: Steve Fischer | Westlake Associates, Inc.
$3,095,000 Puyallup, WA 98372
  • 0.74 Acres
  • Pierce County

Key Features

  • MLS ID: NWM2006367
  • Year Build: 1970
  • Status: Active
  • Property Type: Residential Income
  • Area: 83 - Puyallup
  • Exterior: ["Wood"]
  • Address: 1204 1216 7th Avenue SE, Puyallup, WA 98372
  • City: Puyallup
  • State: WA
  • Zip: 98372
  • County: Pierce

Description

This 8 unit, one-story apartments each boast having a private, fenced in back yard, patio, and attached spacious garage. The freshly renovated and spacious interiors include new kitchen cabinets, quartz countertops, new stainless steel appliances, side by side washer & dryers in a laundry room, flooring, doors, mill work, lighting, and more. The Puyallup Flats are located in an area with a stabilized vacancy rate that is below the submarket pre-pandemic average, and has seen significant rent growth along with a surge in investor interest. Thanks to the strong demand and low vacancies, there has been a double-digit average rent increase and a rise in market prices, making this turn-key property the perfect investment opportunity.

Property Map

From Meridian, head to 7th Ave SE, turn east and just after 12th Ave SE, duplexes on right side of street. From East Pioneer, turn south on 13th St SE, turn right onto 7th Ave SE, duplexes on left.

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