#2358555, Jacob Matalon, Listing office: Windermere Real Estate Co.
#2387090·
Listing office: Urban Commercial Partners, LLC·
Listing agent: Tyler J. Bretz·
Listing office phone: 206-325-9333
$1,050,000 List price
112 4th Ave SE Puyallup, WA 98372
3,840 sqft
0.2 acres
$273 / sqft
House
Property details
About 112 4th Ave SE
Classic value/add investment opportunity in thriving Puyallup. Six of the seven units remain unmodernized, presenting a valuable opportunity for an incoming investor to execute strategic renovations. Upgraded units can command premium rents aligned with current market expectations for newly renovated apartments, enhancing overall asset value and cash flow potential. With a CBD zoning designation and an 8,370 SF land size, this property allows for versatile development options, including mixed-use, multifamily, and commercial expansion. Positioned near transit hubs and retail corridors, the property offers a strong rental market demand with a current CAP rate of 5.69% and a market CAP rate of 7.46%.
Highlights
HeatingFireplace(s)
StatusActive
Size3,840 sqft
Lot size0.1921 Acres
Year built1916
MLS #2387090
Summary
- Exterior: Wood Products
- Heating: Fireplace(s)
- List Price: $1,050,000
- Price/SqFt: $273
- HOA Amount: $0
- Annual Tax Amount: $8,309
- Tax Year: 2024
- Lot: Paved
- Directions: Take I-5 S from Seattle. Merge onto WA-161 S via Exit 127. Continue south, then take a right onto 4th Ave SE in Puyallup, arrive at 112 4th Ave SE.
- Year Built: 1916
- Stories: 2
- Living Area: 3,840 SqFt
- Lot Size: 0.1921 Acres
- MLS Number: 2387090
- MLS Name: NWMLS
- Office Name: Urban Commercial Partners, LLC
- Office Phone: (206) 325-9333
- Listing Agent: Tyler J. Bretz
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/30/2025, 2:47:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 31, 2020 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $776,100 | $8,309 |
| 2023 | $776,100 | $8,011 |
| 2022 | $572,100 | $6,833 |
| 2021 | $478,100 | $6,274 |
History based on county public records data.
Nearby schools
5
Meeker Elementary School
Public District PK-6
0.3 mi
•409 5th St SW
3
Stewart Elementary School
Public District PK-6
0.4 mi
•426 4th Ave NE
7
Spinning Elementary School
Public District PK-6
0.8 mi
•1306 E Pioneer
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,079. The most common annual income of people living in Puyallup, WA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
43%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
58%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
22%
18-34 yrs old
39%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
College Basketball
Where do the neighbors shop?
Chico's
Dillards
Stein Mart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Logan's Roadhouse
What do the neighbors drive?
Oldsmobile
Buick
Hyundai
What do the neighbors listen to?
News
Soft Adult Contemporary
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 112 4th Ave SE
The listing price of 112 4th Ave SE property is $1,050,000.
The property 112 4th Ave SE is a house located in Puyallup, Washington, 98372.
Active Listing: 112 4th Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 112 4th Ave SE are: Meeker Elementary School (GreatSchools Rating 5/10), Stewart Elementary School (GreatSchools Rating 3/10), Spinning Elementary School (GreatSchools Rating 7/10), Puyallup Parent Partnership Program (GreatSchools Rating 5/10), Sumner Middle School (GreatSchools Rating 7/10), Surprise Lake Middle School (GreatSchools Rating 3/10), Kalles Junior High School (GreatSchools Rating 5/10), Puyallup High School (GreatSchools Rating 7/10), Aylen Junior HighSchool (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $8,309 (source: MLS/based on county public records data).
The last sale was on December 31, 2020 for $800,000 (source: MLS/tax record).
The property at 112 4th Ave SE has 0 bathroom.
The property 112 4th Ave SE is 3,840 SqFt (source: MLS/tax record).
The year of construction for 112 4th Ave SE is 1916.
This home is located at 112 4th Ave SE in Puyallup, WA and zip code 98372 in the Downton Puyallup neighborhood. This 3,840 square foot home, which was built in 1916, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $1,050,000.
Puyallup, WA housing market in June 2025 saw over 55 listings sold above listed price, more than 60 sold at listed price and over 38 sold below. The inventory of homes for sale in Puyallup, WA between May and June 2025 increased by 12%. In June 2025 median list price was $560,000 and the average listing age was 41 days.
From Rocket Homes Real Estate and based on county public records data.