425 4th Street NE

Puyallup, WA 98372

  • Bed

  • Bath

  • 0 SqFt

  • 20 DOM

  • Built: 1980

  • Status: Active

$3,550,000

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425 4th Street NE

Puyallup 98372

$3550000

  • Bed

  • Bath

  • 0 SqFt

  • 20 DOM

  • Built: 1980

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

We are pleased to present Prestige Townhomes, a well-maintained 1980 vintage asset located in Puyallup, WA. This 12-unit property features spacious, turnkey 2-bedroom, 1.5 bath townhomes with in-unit laundry averaging 940 SF. Each unit is equipped with modern finishes, including vinyl plank flooring, quartz countertops, stainless-steel appliances, and copper plumbing. The property currently achieves an average rent of $2,052 per unit, with the highest rent at $2,300 and two additional units rented at $2,195. With market rents exceeding current levels, there is a clear path to increase average rents by approximately $150/unit, to potentially $248/unit unlocking additional revenue potential for new ownership.

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