About 112 4th Avenue Se
Classic value/add investment opportunity in thriving Puyallup. Six of the seven units remain unmodernized, presenting a valuable opportunity for an incoming investor to execute strategic renovations. Upgraded units can command premium rents aligned with current market expectations for newly renovated apartments, enhancing overall asset value and cash flow potential. With a CBD zoning designation and an 8,370 SF land size, this property allows for versatile development options, including mixed-use, multifamily, and commercial expansion. Positioned near transit hubs and retail corridors, the property offers a strong rental market demand with a current CAP rate of 5.69% and a market CAP rate of 7.46%.
Features of 112 4th Avenue Se
| MLS® # | 2387090 |
|---|---|
| Price | $1,050,000 |
| Price Per SqFt | $273 |
| Bathrooms | 0.00 |
| Square Footage | 3,840 |
| Acres | 0.19 |
| Year Built | 1916 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Pending |
Community Information
| Address | 112 4th Avenue Se |
|---|---|
| Area | 83 - Puyallup |
| Subdivision | Puyallup |
| City | Puyallup |
| County | Pierce |
| State | WA |
| Zip Code | 98372 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Wood Products |
|---|---|
| Lot Description | Alley, Paved |
| Foundation | Poured Concrete |
School Information
| District | Puyallup |
|---|
Additional Information
| Days on Market | 144 |
|---|---|
| Cumulative Days on Market | 144 |
| Days on Website | 144 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Urban Commercial Partners, Llc |
|---|