401 2nd Street Northeast

Puyallup, WA 98372

$1,000,000
Price
3
Beds
4.5
Baths
2,668 Sq. Ft.
$375 / Sq. Ft.
2,668
Sq. Ft.
$375
per Sq. Ft.

Description

Prime location, commercially zoned, mixed use 3 unit building! The main home offers 3 beds/3 baths w/ primary on the main & remaining beds/bath upstairs. Front entrance offers the ability to separate the 2 spaces to rent them out separately. The back building has a commercial office space w/ kitchen & bathroom downstairs. A studio apartment with its own separate entrance upstairs. Great for owner occupants, home business owners, Airbnb or just a pure investment property. Right in downtown Puyallup,...Prime location, commercially zoned, mixed use 3 unit building! The main home offers 3 beds/3 baths w/ primary on the main & remaining beds/bath upstairs. Front entrance offers the ability to separate the 2 spaces to rent them out separately. The back building has a commercial office space w/ kitchen & bathroom downstairs. A studio apartment with its own separate entrance upstairs. Great for owner occupants, home business owners, Airbnb or just a pure investment property. Right in downtown Puyallup, a block off Meridian for ease of access to freeways, shopping & all other amenities. Unique property that offers a lot of options in a fantastic location, come look & grab your next great investment property!
  1. Listed by David Pichler • Mosaic Realty

Property Details for 401 2nd Street Northeast

Community Name
Downtown
School District
Puyallup
Number of Assigned Spaces
2
Total Covered Parking
0
Entry Date
01-30-2024
Energy Source
Electric,Natural Gas
Sewer
Available

Location

Listing Courtesy of Mosaic Realty
Add your commute
LISTING UPDATED: 04/16/2024 11:22 AM

Property Details for 401 2nd Street Northeast

StatusActive
MLS #2203010
Days on Market95
Cumulative Days on Market94
Taxes$4,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.14 AC / 6,000 SF
CountyPierce County

Location

Listing Courtesy of Mosaic Realty
Add your commute

Building Information for 401 2nd Street Northeast

Stories2Residences3Year Built1921Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$5,866 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,457

Property Taxes

$408

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 2nd Street Northeast

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Electric Car Charging, Fenced-Fully, Gas Available, Outbuildings, Patio
  • Area: 81 - Puyallup
  • Effective Year Built Source: Public Records
  • Directions: 2nd Street in Puyallup is a one way street heading north one block east of Meridian. Listing is on corner of 2nd St NE & 4th Ave NE.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Cooling: Yes
  • Cooling: Ductless HP-Mini Split
  • Fireplace: No
  • Heating: Yes
  • Heating: Ductless HP-Mini Split, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2460
  • Power Company: PSE
  • Sewer Company: City of Puyallup
  • Water Company: City of Puyallup
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1970
  • Photos Count: 38
Lot Information
  • Lot Details: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Source: Tax Records
  • Parcel Number Free Text: 7600000010
  • Calculated Square Footage: 2668
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2668.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $3,000
  • Total Expenses: 11560
  • Gross Adjusted Income: 91100
  • Gross Rent Multiplier: 10.41
  • Gross Scheduled Income: $9,600
  • Insurance Expense: $1,200
  • Net Operating Income: $89,900
  • Other Expenses: $0
  • Total Monthly Income: 8000
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1700
  • Rent Unit 1: $3,000.00
  • Bedrooms Unit 1: 3
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 3
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 484
  • Rent Unit 2: $2,000.00
  • Bedrooms Unit 2: 0
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 2
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 484
  • Rent Unit 3: $3,000.00
  • Bedrooms Unit 3: 0
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2668.0
  • Leasable Area Units: Square Feet

Property History for 401 2nd Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 401 2nd Street Northeast

Taxable ValueLand$287,700Additions$108,800Total$396,500
Tax Record2024$4,918 ($410 / month)
Home Facts
Beds4Total Finished SqFt1,682 SqFtAbove Ground SqFt1,682 SqFtStories2Lot Size6,000 SqFtStyleSingle Family ResidenceYear Built1921Year Renovated1975ZoningCBDCountyPIERCEAPN7600000010

Schools near 401 2nd Street Northeast

This home is within Puyallup School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 10 to 12
Public - K to 6
Rating
School
Distance
Stewart Elementary School
PublicPK to 6

Kalles Junior High School
Public7 to 9

Puyallup High School
Public10 to 12

Quest
PublicK to 6

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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401 2nd Street Northeast is a multi-family home for sale in Puyallup, WA 98372. This property was listed for sale on January 30, 2024 by Mosaic Realty, it's currently listed at $1,000,000. It has been on the market for a total of 95 days and was last sold on October 13, 2016. This listing's school district is Puyallup School District. Nearby schools include Stewart Elementary School, Kalles Junior High School and Puyallup High School. 401 2nd Street Northeast is a 3-bed, 4.5-bath, 2,668 sqft multi-family home built in 1921.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mosaic Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.