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Listed by COMPASS
$ 1,450,000
Est. payment /mo
New
204 S Meridian Puyallup, WA 98371
4 Beds
2 Baths
6,066 SqFt
UPDATED:
02/08/2025 07:56 AM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,066 sqft
Price per Sqft $239
Subdivision Puyallup Valley
MLS Listing ID 2330179
Style 52 - Duplex
Bedrooms 4
Year Built 1920
Annual Tax Amount $9,778
Lot Size 3,736 Sqft
Property Description
Secure this 100% leased, turnkey investment in the heart of Puyallup's Central Business District. Built in 1920 and meticulously updated, this 6,066 sq. ft. mixed-use property blends historic charm with modern upgrades for stability and long-term value. The street-level retail includes two fully leased units, while the upper level features two updated 2BR/1BA apartments with in-unit laundry, stylish interiors, and Mt. Rainier views. Situated on a high-traffic corridor with ample parking and a 95 Walk Score, this asset offers strong tenant demand. With leases structured for future utility reimbursement potential, this is a rare chance to own a thriving piece of Puyallup's history.
Location
State WA
County Pierce
Area 80 - Puyallup
Interior
Fireplace false
Exterior
Exterior Feature Brick
View Y/N Yes
View Mountain(s), Territorial
Roof Type Torch Down
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Puyallup
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.