338 5th Street SE Puyallup, WA $ 998,500
338 5th Street SE
$ 998,500
Share Save

338 5th Street SE

Puyallup, WA, 98372
$ 998,500
Baths0.0 Sq 3,056

Monthly Estimate*

$ 6,229

Listed by HomeSmart Real Estate Assoc
338 5th Street SE, Puyallup, WA 98372 - Image 1
338 5th Street SE, Puyallup, WA 98372 - Image 2
338 5th Street SE, Puyallup, WA 98372 - Image 3
338 5th Street SE, Puyallup, WA 98372 - Image 4
338 5th Street SE, Puyallup, WA 98372 - Image 5
338 5th Street SE, Puyallup, WA 98372 - Image 6
338 5th Street SE, Puyallup, WA 98372 - Image 7
338 5th Street SE, Puyallup, WA 98372 - Image 8
338 5th Street SE, Puyallup, WA 98372 - Image 9
338 5th Street SE, Puyallup, WA 98372 - Image 10
338 5th Street SE, Puyallup, WA 98372 - Image 11
338 5th Street SE, Puyallup, WA 98372 - Image 12
338 5th Street SE, Puyallup, WA 98372 - Image 13
338 5th Street SE, Puyallup, WA 98372 - Image 14
338 5th Street SE, Puyallup, WA 98372 - Image 15
338 5th Street SE, Puyallup, WA 98372 - Image 16
338 5th Street SE, Puyallup, WA 98372 - Image 17
338 5th Street SE, Puyallup, WA 98372 - Image 18
338 5th Street SE, Puyallup, WA 98372 - Image 19
338 5th Street SE, Puyallup, WA 98372 - Image 20
338 5th Street SE, Puyallup, WA 98372 - Image 21
338 5th Street SE, Puyallup, WA 98372 - Image 22
338 5th Street SE, Puyallup, WA 98372 - Image 23
338 5th Street SE, Puyallup, WA 98372 - Image 24
Studio

Multi-Family Home for sale in Puyallup, WA

for $998,500. This 3,056 square foot home was built in 2021 on a lot size of 0.1039.

Here is your chance to purchase a rare 2021 built duplex in Puyallup. With a long term tenant downstairs and a four year old Air BnB upstairs, this building provides stability for income with the lower unit while the upstairs provides a larger opportunity for maximum cash flow. No corners were cut in the construction of this building with Quartz counter tops, custom tile backplash, undercounter lighting, custom fireplaces along with LVP flooring throughout. The upstairs unit is fully furnished and can be transfered as a functioning Air BnB or house hack it, and create real wealth. A real unique opportunity to own a truly unique property in-town that's walkable to the WA State Fairgrounds and everything the city of Puyallup has to offer.

See more

Multi-Family Active

Price

$ 998,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,966

Style

Duplex

Lot Size

0.1039

Year Built

2021

Town/City

Puyallup

County/Region

Pierce

MLS | Web ID

2425785

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Unit(s)
Cooling Ductless
Possession Closing
Roof Composition
HOA Fee 0
Year Built 2021
View Mountain(s)
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 64494
Insurance Expense 1752
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Puyallup
Special Listing Conditions None
Status Active
Directions From 512 take the Pioneer exit and head west toward town. Take left at light on 5th St. SE and the Duplex is 1/2 way down on the right side of street.
High School Puyallup High
City Puyallup
Senior Community Y/N N
High School District Puyallup
Open Parking Spaces 5
Number Of Units Total 2
MLS Area 79 - Puyallup
Lot Size Units Square Feet
Lot Size Square Feet 4527
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Spinning Elem
Tax Annual Amount 7966
Electric Expense 1500
Fuel Expense 0
Middle/Junior High School Kalles Jnr High
Property Condition Very Good
Public Remarks Here is your chance to purchase a rare 2021 built duplex in Puyallup. With a long term tenant downstairs and a four year old Air BnB upstairs this building provides stability for income with the lowe
Leasable Area 3056
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Water Company Tacoma
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2820
Property Style 52 - Duplex
Cap Rate 6.46
See more
Exterior
Exterior Amenities Cement Planked Wood
Parking Features RV Parking
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 5
Foundation Details Poured Concrete
Building Area Total 3056
Lot Dimensions 41' x 110'
Lot Size Acres 0.1039
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Gas Available High Speed Internet Patio RV Parking
Parking Uncovered Spaces 5
See more
Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Internal Only
OriginalMLSID NWM2425785
Street Number 1 338
See more
* Excluded Features
List By
Stephen Sherman

Listing Agent

Homesmart Real Estate Assoc

Broker

Affordability Calculator

$6,893
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,229
Monthly Property Taxes
$664
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
258439 Elementary School
258810 Middle School
Puyallup High High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$998,500 -2.59% Price Down
11/3/2025$1,025,000 -2.38% Price Down
10/24/2025$1,050,000 -3.67% Price Down
9/18/2025$1,090,000 -0.91% Price Down
8/29/2025$1,100,000 Listed Price

Map


See all

338 5th Street SE, Puyallup, WA, 98372 is a Multi-Family Home for sale at $998,500 with 3,056 sqft and a lot size of 0.1039. 338 5th Street SE is a studio with 0.0 baths and was built in 2021. The property's zip code is 98372 which is in Puyallup, WA