Listed by Toril Sells Houses Team
$1,495,000
$205K PRICE DROP

334 340 4th St SW Puyallup, WA 98371

Estimated payment $9,229/month

Total Views 4,157
-- Bed
-- Bath
4,500 Sq Ft
$332 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 Listed on: 05/22/2025

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

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
  • Cumulative Days on Market: 53

Interior Features

  • 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
  • Security: Partially Fenced
  • 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
  • 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: 13.82
  • LeasedItems: None
  • TotalMonthlyIncome: 10000

Multi Family

  • Gross Scheduled Income: 115800
  • Net Operating Income: 89721
  • 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
07/12/2025 07/12/25 Price Changed $1,495,000 -6.6% $332 / Sq Ft
06/19/2025 06/19/25 Price Changed $1,600,000 -5.9% $356 / Sq Ft
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

Washington Pierce County Puyallup 98371

334 340 4th St SW, Puyallup, WA

This home is located at 334 340 4th St SW, Puyallup, WA 98371 and is currently priced at $1,495,000, approximately $332 per square foot. This property was built in 1968. 334 340 4th St SW is a home located in Pierce County with nearby schools including Meeker Elementary School, Kalles Junior High School, and Puyallup High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Toril Schoepfer
Listing Agent
Toril Schoepfer
Section Image
Toril Sells Houses Team
(253) 352-4591