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408 2nd Street Nw, Puyallup, WA 98371

Puyallup
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: tyler freed
Office: windermere real estate/psk inc
MLS#:2574077
Source:NWMLS
408 2nd Street Nw,Puyallup, WA 98371
$1,250,000
  • - Beds
  • - Baths
  • 3,986 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$313.6

About this home

Turnkey 5-unit investment opportunity in the heart of Downtown Puyallup! Extensively updated and exceptionally maintained, this property features five spacious 2-bedroom, 1-bath residences of approximately 775 square feet each, with beautifully remodeled interiors designed for lasting tenant appeal. Major improvements include a new roof in 2025, replaced electrical breaker panels throughout and upgraded triple-pane vinyl windows. Strong in-place rents provide immediate income, while the on-site coin-operated laundry offers an additional revenue stream. Situated on a generous 14,400 square foot corner lot with eight covered carport spaces plus three additional parking spaces. An outstanding location just blocks from the Puyallup Sounder Station and moments from downtown dining, shopping and amenities. A rare opportunity to acquire a renovated, income-producing 5-plex with significant capital improvements already completed in one of Puyallup’s most convenient locations.

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Home facts

  • Year built:1976
  • Subdivision & Development:Puyallup
  • Listing ID #:2574077
  • Updated:September 14, 2026 at 11:43 AM

Rooms and interior

  • Flooring:Carpet, Vinyl Floor
  • Living area:3,986 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:3,986 sq. ft.
  • Lot area:0.33 Acres
  • Lot Features:Curbed Lot, Paved, Sidewalk
  • Construction Materials:Cement/Concrete Exterior Finish, Wood Products Exterior Finish

Schools

  • High school:Puyallup High
  • Middle school:Kalles Jnr High
  • Elementary school:Stewart Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$313.6
  • Tax amount:$8,924 (2026)

Parking

  • Total parking spaces:19
  • Carport spaces:8
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 14, 2026. 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 for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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