Price Improvement at a 6 cap! Exceptional multifamily investment opportunity located at 1006 - 1010 on desirable Pioneer Avenue, this meticulously maintained triplex offers three spacious 2-bedroom, 1-bath units, each with its own attached one-car garage and additional on-site parking. The property has been thoughtfully updated and features well-appointed interiors that appeal to today's renters. Unit 1010 is equipped with an energy-efficient heat pump providing both heating and air conditioning, while the remaining units feature forced-air natural gas heat. A durable metal roof and consistent upkeep throughout reflect true pride of ownership and help minimize maintenance concerns. Tenants enjoy convenient access to Downtown Puyallup's shops, restaurants, parks, schools, and commuter routes, making this a highly desirable rental location. Whether you're looking to add a stable income-producing asset to your portfolio or seeking a quality investment in a strong rental market, this property offers an attractive combination of cash flow potential, excellent condition, and long-term value. Rarely does a turnkey triplex of this caliber become available in such a prime Puyallup location.
| MLS # | 2542836 |
|---|---|
| Listing Type | For Sale |
| Building Name | Maplewood 2nd |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 82 |
| Listing Provided By | Cascade Properties & Invest. | Lisa A Scivally |
| SQ Feet | 2,570 |
|---|---|
| Garage | 3 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Multi-Family |
| Acreage | 0.26 |
| Property | 7800 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Puyallup |
| Zip Code | 98371 |
| Area | 81 Puyallup |
| Community Name | Puyallup Valley |
| School District | Puyallup High |
| Elementary School | Maplewood Elem |
| High School | Puyallup High |
| Listing VS Median (in Puyallup Valley) | |
Price: $1,070,000 low | high Med: $575,000 sqft: 2,570 low | high Med: 1,464 $ / sqft: $416 low | high Med: $393 On site: 82 low | high Med: 98 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Puyallup |
| Zip Code | 98371 |
| Area | 81 Puyallup |
| Community Name | Puyallup Valley |
| School District | Puyallup High |
| Elementary School | Maplewood Elem |
| High School | Puyallup High |
| Listing VS Median (in Puyallup Valley) | |
Price: $1,070,000 low | high Med: $575,000 sqft: 2,570 low | high Med: 1,464 $ / sqft: $416 low | high Med: $393 On site: 82 low | high Med: 98 | |
![]() | $677,0001101 W PioneerPuyallup, WA 98371 |