246 4th Avenue NW Puyallup, WA $ 550,000
246 4th Avenue NW
$ 550,000
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246 4th Avenue NW

Puyallup, WA, 98371
$ 550,000
Bedrooms4 Baths2.0 Sq 1,864

Monthly Estimate*

$ 3,473

Listed by Keller Williams Realty PS
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Multi-Family Home for sale in Puyallup, WA

for $550,000 with 4 bedrooms and 2 full baths. This 1,864 square foot home was built in 1906 on a lot size of 0.1653.

Historic 1906 charm meets investment opportunity in the heart of Downtown Puyallup. This versatile duplex offers the flexibility to rent both units, live in one while generating rental income from the other, or explore future possibilities with Commercial Business District zoning—buyer to verify permitted uses. Both units are 2 bedroom 1 bath each, and offer washer and dryer hookups. Original character shines through with hardwood floors beneath the carpet in the lower unit. Outside, the large corner lot offers alley access, a fully fenced yard, one-car detached garage, and one-car covered carport. The location is hard to beat, with excellent walkability and easy access to Downtown Puyallup shops, restaurants, seasonal markets, Pioneer Park, and local events like Thursday night Music in the Park. The Sounder Train Station, freeway access, schools, Good Samaritan Hospital, and numerous medical clinics are all just minutes away. Whether you're looking to expand your investment portfolio, live in one unit while offsetting your expenses, or capitalize on the property's central location and zoning, this is a compelling opportunity in the heart of Puyallup. AI-generated virtual staging and cleaning have been applied to select photos.

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Multi-Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,074

Style

Duplex

Lot Size

0.1653

Year Built

1906

Town/City

Puyallup

County/Region

Pierce

MLS | Web ID

2569939

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard Forced Air Wall Furnace
Cooling None
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 1
Security Features Fully Fenced
Year Built 1906
Property Subtype Multi Family
Tax Year 2026
Building Name Stewarts J P 6th Add
Assoc Fee Paid Per Not Applicable
County Pierce
Net Operating Income 3866
Insurance Expense 1737
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Nw Puyallup
Possible Use Business Residential
Special Listing Conditions None
Status Active
Directions From N Meridian Ave turn onto 5th AVE NW then onto 3rd ST NW home is on the corner of 4th AVE NW.
High School Puyallup High
City Puyallup
Senior Community Y/N N
High School District Puyallup
Zoning Description Business Residential
Number Of Units Total 2
MLS Area 81 - Puyallup
Lot Size Units Square Feet
Lot Size Square Feet 7200
Carport Spaces 1
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Stewart Elem
Tax Annual Amount 5074
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Kalles Jnr High
Public Remarks Historic 1906 charm meets investment opportunity in the heart of Downtown Puyallup. This versatile duplex offers the flexibility to rent both units live in one while generating rental income from the
Leasable Area 1864
Virtual Tour https://player.vimeo.com/video/1215563224?h=91de37c868
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Puyallup
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 2223
Property Style 52 - Duplex
Cap Rate 0.7
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Exterior
Exterior Amenities Wood
Lot Features Alley Corner Lot Curbs Paved Sidewalk
Total Parking 4
Building Area Total 1864
Lot Size Acres 0.1653
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Fenced-Fully Gas Available Outbuildings
Parking Uncovered Total 2
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Interior
Flooring Hardwood Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2569939
Street Number 1 246
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* Excluded Features
List By
Denise Christofferson

Listing Agent

Keller Williams Realty Ps

Broker

Affordability Calculator

$3,896
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,473
Monthly Property Taxes
$423
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4238173 Elementary School
258810 Middle School
Puyallup High High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$550,000 Listed Price

Map


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246 4th Avenue NW, Puyallup, WA, 98371 is a Multi-Family Home for sale at $550,000 with 1,864 sqft and a lot size of 0.1653. 246 4th Avenue NW has 4 bedrooms, 2.0 baths, and was built in 1906. The property's zip code is 98371 which is in Puyallup, WA