Bought with: Skyline Properties, Inc.
$1,085,000
$1,085,000
For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
4,072 SqFt
SOLD DATE : 05/22/2026
Key Details
Sold Price $1,085,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $266
Subdivision Shaw Road
MLS Listing ID 2502695
Sold Date 05/22/26
Style 54 - 4-Plex
Bedrooms 8
Year Built 1979
Annual Tax Amount $1,180
Lot Size 0.780 Acres
Property Sub-Type Multi Family
Property Description
Seize a truly exceptional investment opportunity with this fully occupied, income-generating 4-plex. This turnkey asset offers immediate cash flow with 100% occupancy, minimizing investor risk and maximizing immediate returns. The true game-changer is the property's rarely seen scale: it sits on a sprawling 0.78-acre parcel. This substantial acreage is the engine of future value appreciation, offering a clear path to expansion or subdivision for additional units, effectively future-proofing your investment. The building itself is meticulously designed for high tenant appeal and retention, featuring four identical, spacious 1,000 square foot units, each with a highly desirable 2-bedroom, 1.5-bathroom configuration. The quality of the units is a major draw; three have been upgraded with modern finishes, and all four include highly coveted in-unit washer/dryers and private balconies/patios, amenities that ensure long-term tenancy. The excellent location and strong unit mix, the property offers generous on-site parking, including both covered and uncovered spaces, plus dedicated RV parking, further enhancing tenant convenience. This is more than just a four-plex; it is a strategically located, immediately profitable asset with unparalleled potential for substantial capital growth through future development. Don't miss this opportunity to acquire a cash-flowing property that delivers stable income now while providing a foundational asset for a future large-scale project.
Location
State WA
County Pierce
Area 86 - Puyallup
Interior
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Fenced-Partially, Patio, RV Parking
View Y/N No
Roof Type Composition
Building
Lot Description Cul-De-Sac, Dead End Street, Paved, Value In Land
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Puyallup
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Nearby Locations
GET MORE INFORMATION

Managing Broker | Lic# 20106590


