Investor Alert! This incredible 4 plex has just hit the market! You can't beat this location for your investment property. Located on a corner lot in a nice area of downtown Puyallup. Walking distance to the Library, Sparks stadium, Farmers market, Sounder, Fairgrounds and all the restaurants and shops downtown. Keep it as an investment or possibly turn into condos! Each unit has 1,125 sqf, main floor has living room, kitchen w/ eating area, washer/dryer closet, powder bath and a slider to a quaint private patio. Upstairs offers 2 bdrms with the master bdrm having a slider out to a deck and 1 full bath. Each unit has two uncovered parking spots along with one car garage! A phenomenal opportunity to have a solid 4plex in such a nice area!
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
Meridian Castle, located in the heart of Downtown Puyallup, presents a rare investment opportunity in a thriving market. Currently 100% occupied, the property generates $75,524 in NOI, reflecting an in-place 6.3% cap rate, with rents positioned below market expectations. Significant revenue upside exists through rent increases, utility bill-backs, storage leasing, and laundry income, all of
Great investment opportunity on a single level 4-plex with a great location in South Hill/Puyallup. Two, 2 bedroom 1 bath units and two 1 bedroom 1 bath units. Very easy to rent. Coin operated laundry room with storage units located in the middle of the property. Roof is only 7 years old. All units had windows updated to vinyl thermal pane. The 2 bedroom units have been updated with LVP and
Collateral Analytics
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ICE
ICE Mortgage Technology
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First American
First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
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
Property History
Date
Event
Price
Change
Sq Ft Price
07/16/202507/16/25
Pending
--
--
--
07/12/202507/12/25
Price Changed
$1,495,000
-6.6%
$332 / Sq Ft
06/19/202506/19/25
Price Changed
$1,600,000
-5.9%
$356 / Sq Ft
05/22/202505/22/25
For Sale
$1,699,999
+65.0%
$378 / Sq Ft
10/26/202110/26/21
Sold
$1,030,000
+3.5%
$229 / Sq Ft
10/10/202110/10/21
Pending
--
--
--
10/07/202110/07/21
For Sale
$995,000
--
$221 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 334 340 4th St SW, Puyallup, WA 98371 and is currently priced at $1,030,000, approximately $228 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.
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