Courtesy of: Steve Fischer | Westlake Associates, Inc.
$3,095,000Puyallup, 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.
Listing #131301822 Courtesy of Steve Fischer of Westlake Associates, Inc.. Last Updated: October 11, 2022.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
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