Listed by Toril Sells Houses Team
$1,699,999

334 340 4th St SW Puyallup, WA 98371

Estimated payment $10,489/month

Total Views 61
8 Beds
8 Baths
4,500 Sq Ft
$378 Price per Sq Ft

Highlights

  • Mountain View
  • Deck
  • No HOA
  • Puyallup High School Rated A-
  • Corner Lot
  • 3-minute walk to Kiwanis Kids Spray Park

About This Home

Location! Turn key, high demand, no vacancy 4-plex on a prime corner lot in the heart of downtown Puyallup walking distance to the library, Sparks Stadium, farmers market, Sounder station, fairgrounds & all restaurants & shops downtown has to offer. Check out the beautiful Mt.Rainer view! Approx $400k in upgrades including new roofing valleys, fresh interior & exterior paint, new flooring, fixtures & appliances, along w/ a new deck, fencing & gates. Solid rent. Each unit 1125 sqft, main level features living room, kitchen w/ eating area, washer/dryer closet, 1/2 bath & slider to a private patio. Upstairs, there are 2 bedrooms, w/ primary bdrm offering a deck to enjoy & full bath. Each unit has its own garage & parking stall-2 spots tandem.

Listing Agent

Toril Schoepfer

Toril Sells Houses Team License #23304

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2380583

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,675

Year Built

  • Built in 1968

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Meekers 1St & 2Nd Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 1-4 / 28
  • Assessor Parcel Number 5745001490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,675

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Meekers 1st & 2nd
  • New Construction: No
  • CalculatedSquareFootage: 4500
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition, Flat
  • View: Mountain(s)
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Puyallup
  • WaterCompany: City of Puyallup
  • WaterSewerGarbage: 7688

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 5745001490
  • Lot Size Acres: 0.2984
  • Lot Size Sq Ft: 13000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • LotNumber: 1-4

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 14.17
  • LeasedItems: None
  • TotalMonthlyIncome: 10000

Multi Family

  • Gross Scheduled Income: 120000
  • Net Operating Income: 93921
  • Number Of Units Total: 4
  • Electric Expense: 216
  • Insurance Expense: 6500
  • Leasable Area: 4500
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 11675

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,986 $1,005,100 $237,300 $767,800
2023 $9,986 $968,600 $219,500 $749,100
2022 $8,628 $804,900 $530,400 $274,500
2021 $7,889 $627,600 $341,300 $286,300
2019 $6,447 $627,600 $341,300 $286,300
2018 $6,321 $502,100 $284,400 $217,700
2017 $5,860 $436,600 $258,600 $178,000
2016 $5,485 $347,400 $157,700 $189,700
2014 $5,485 $347,400 $157,700 $189,700
2013 $5,485 $347,400 $157,700 $189,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $1,699,999 +65.0% $378 / Sq Ft
10/26/2021 10/26/21 Sold $1,030,000 +3.5% $229 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $995,000 -- $221 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- Chicago Title
Warranty Deed $1,030,000 Chicago Title Company Of Wa
Warranty Deed -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $976,000 New Conventional
Previous Owner $956,250 Construction
Previous Owner $106,800 Commercial
Previous Owner $240,000 Commercial
Previous Owner $136,500 Commercial
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2380583

Northwest Multiple Listing Service (NWMLS)

APN: 574500-1490