Listed by Dove Realty, Inc., Bought with Multifamily Properties
$1,050,000
SOLD MAR 18, 2025

403 43rd Ave SW Unit 1234 Puyallup, WA 98373

8 Beds
8 Baths
4,440 Sq Ft
0.32 Acres

Recently Sold

$236 Per Sq Ft

9% Below List Price

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Wood Siding
  • Thermal Windows
  • Baseboard Heating

About This Home

As of March 2025

Wonderful 4-plex in prime location South Hill/Puyallup. Bring all offers. Add this profitable 4 plex to your portfolio or House Hack opportunity to live in one unit and rent out 3. Excellent cash flow opportunity with rents below market. Happy long term tenants. All units are Townhouse style. Each unit boasts a huge primary BR with double full size closets and a covered balcony off the primary. BR 2 also has 2 closets. Large full bathroom complete the rooms on the upper. Non Smoking Building over 15 years. Windows and sliders have been updated. Durable single-ply/metal roof. 2+3 have been updated 1+4 long term tenants. It's rare to find a 4-plex in Puyallup/South Hill, don't miss it. Pre-Listing Inspection report available upon request.

Last Agent to Sell the Property

Ron MC

Dove Realty, Inc. License #103452 Listed on: 02/08/2025

Last Buyer's Agent

Brandon Vukelich

Multifamily Properties License #27939

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2330583

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,510

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,440 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • South Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0419091020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,510

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4440
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Bedrooms: 8
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Flat, Metal
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Fruitland
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 5256

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Puyallup

Lot Info

  • Parcel Number: 0419091020
  • Lot Size Acres: 0.3223
  • Lot Size Sq Ft: 14040
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • MLSSquareFootageSource: Public Record
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.8
  • LeasedItems: None
  • TotalMonthlyIncome: 5575

Multi Family

  • Gross Scheduled Income: 66900
  • Net Operating Income: 48940
  • Number Of Units Total: 4
  • Insurance Expense: 4194
  • Leasable Area: 4440
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8510

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2025 03/18/25 Sold $1,050,000 -6.7% $236 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $1,125,000 -2.2% $253 / Sq Ft
02/08/2025 02/08/25 For Sale $1,150,000 -- $259 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2330583

Northwest Multiple Listing Service (NWMLS)