2205 S Meridian

3
Baths
2,998 Sq. Ft.
$242 / Sq. Ft.
2,998
Sq. Ft.
$242
per Sq. Ft.

Description

House hackers & investors! Incredible opportunity for a duplex + DADU in Puyallup! Great location near freeway access, South Hill Mall, entertainment, restaurants, bus lines, Fair, & more! 2 SPACIOUS 2 bed 1 bath units + 1 Bed 1 Bath DADU! All units recently updated with LVP flooring, paint, & appliances! Big lot perfect for entertaining/hanging & plenty of off street parking for all units! Downstairs unit has an attached garage/workshop! Wood fireplaces in 2 units/dedicated laundry for all 3! Big...House hackers & investors! Incredible opportunity for a duplex + DADU in Puyallup! Great location near freeway access, South Hill Mall, entertainment, restaurants, bus lines, Fair, & more! 2 SPACIOUS 2 bed 1 bath units + 1 Bed 1 Bath DADU! All units recently updated with LVP flooring, paint, & appliances! Big lot perfect for entertaining/hanging & plenty of off street parking for all units! Downstairs unit has an attached garage/workshop! Wood fireplaces in 2 units/dedicated laundry for all 3! Big covered deck upstairs with views! TURNKEY & perfect for your next home & or rental! DADU is vacant & move-in ready w/ 2 tenants in place in the duplex for income day 1! Potential development/condoization for even more opportunity? Buyer to verify!
  1. Listed by Ronald Dudley • Theory Real Estate

Property Details for 2205 South Meridian

Community Name
Puyallup
School District
Puyallup
Number of Assigned Spaces
7
Total Covered Parking
1
Entry Date
09-28-2025
Energy Source
Electric,Wood
Sewer
Sewer Connected
LISTING UPDATED: 10/02/2025 12:27 PM

Property Details for 2205 South Meridian

StatusActive
MLS #2438882
Days on Market91
Cumulative Days on Market91
Taxes$5,415 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
Lot Size0.29 AC / 12,690 SF
CountyPierce County

Location

Listing Courtesy of Theory Real Estate
Add your commute

Building Information for 2205 South Meridian

Stories2Residences3Year Built1961Building Size-Lot Size0.29 AC / 12,690 SF

Payment Calculator

$4,033 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,582

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2205 South Meridian

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, Fenced-Partially
  • Area: 86 - Puyallup
  • Effective Year Built Source: Public Records
  • Directions: Go South down Meridian St S from the South Hill Mall. Property is on the Right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement/Concrete
  • Roof: Composition
  • Security Features: Partially Fenced
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 1000
  • Power Company: PSE
  • Sewer Company: City of Puyallup
  • Water Company: City of Puyallup
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • MLS Square Footage Source: Assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1979
  • Photos Count: 39
Lot Information
  • Lot Details: Curbs, Dead End Street, Open Space, Paved, Sidewalk
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 7790000321
  • Calculated Square Footage: 2998
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2998.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $1,400
  • Total Expenses: 9815
  • Gross Adjusted Income: 48900
  • Gross Rent Multiplier: 14.83
  • Gross Scheduled Income: $48,900
  • Insurance Expense: $2,000
  • Net Operating Income: $39,085
  • Other Expenses: $0
  • Total Monthly Income: 4075
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 1483
  • Rent Unit 1: $2,275.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 1440
  • Rent Unit 2: $1,800.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: DADU
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 630
  • Rent Unit 3: $.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2998.0

Property History for 2205 South Meridian

DateEvent & SourcePriceAppreciation
Sep 28, 2025

Listed (Active)

NWMLS #2438882

$724,950—
Sep 28, 2025

Listed (Active)

NWMLS #2438880

$724,950—
Jan 23, 2023

Sold (Public Record)

Public Record #1505004056

$400,000

+6.2% / yr

Sep 15, 2015

Sold

NWMLS #747350

$256,000—
Sep 11, 2015

Sold (Public Record)

Public Record #557226213

$256,000—
Jul 24, 2015

Pending

NWMLS #747350

—
Feb 24, 2015

Listed (Active)

NWMLS #747350

$279,950—
DateEvent & SourcePrice
09/28/2025

Listed (Active)

NWMLS #2438882

$724,950
09/28/2025

Listed (Active)

NWMLS #2438880

$724,950
01/23/2023

Sold (Public Record)

Public Record #1505004056

$400,000

+6.2% / yr

09/15/2015

Sold

NWMLS #747350

$256,000
09/11/2015

Sold (Public Record)

Public Record #557226213

$256,000
07/24/2015

Pending

NWMLS #747350

—
02/24/2015

Listed (Active)

NWMLS #747350

$279,950

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2205 South Meridian

Taxable ValueLand$248,600Additions$323,600Total$572,200
Tax Record2025$6,419 ($535 / month)
Home Facts
Total Finished SqFt2,368 SqFtAbove Ground SqFt1,483 SqFtFinished Basement SqFt885 SqFtStories1Lot Size12,690 SqFtStyleDuplexYear Built1961Year Renovated1979ZoningRM-20CountyPIERCEAPN7790000321Fireplace TypeHas Fireplace

Schools near 2205 South Meridian

This home is within Puyallup School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 9
Public - 10 to 12
Public - K to 8
Rating
School
Distance
Spinning Elementary School
PublicK to 6

Kalles Junior High School
Public7 to 9

Puyallup High School
Public10 to 12

Puyallup Parent Partnership Program
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2205 South Meridian is a multi-family home for sale in Puyallup, WA 98372. This property was listed for sale on September 28, 2025 by Theory Real Estate, it's currently listed at $724,950. It has been on the market for a total of 91 days and was last sold on January 23, 2023. This listing's school district is Puyallup School District. Nearby schools include Spinning Elementary School, Kalles Junior High School and Puyallup High School. 2205 South Meridian is a 5-bed, 3-bath, 2,998 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Theory Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/28/2025 08:56 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.