About 408 2nd Street Nw
Turnkey 5-unit investment opportunity in the heart of Downtown Puyallup! Extensively updated and exceptionally maintained, this property features five spacious 2-bedroom, 1-bath residences of approximately 775 square feet each, with beautifully remodeled interiors designed for lasting tenant appeal. Major improvements include a new roof in 2025, replaced electrical breaker panels throughout and upgraded triple-pane vinyl windows. Strong in-place rents provide immediate income, while the on-site coin-operated laundry offers an additional revenue stream. Situated on a generous 14,400 square foot corner lot with eight covered carport spaces plus three additional parking spaces. An outstanding location just blocks from the Puyallup Sounder Station and moments from downtown dining, shopping and amenities. A rare opportunity to acquire a renovated, income-producing 5-plex with significant capital improvements already completed in one of Puyallup’s most convenient locations.
Features of 408 2nd Street Nw
| MLS® # | 2574077 |
|---|---|
| Price | $1,250,000 |
| Square Footage | 3,986 |
| Acres | 0.33 |
| Year Built | 1976 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 408 2nd Street Nw |
|---|---|
| Area | 81 - Puyallup |
| Subdivision | Puyallup |
| City | Puyallup |
| County | Pierce |
| State | WA |
| Zip Code | 98371 |
Amenities
| Parking Spaces | 19 |
|---|---|
| View | Territorial |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 5 |
Exterior
| Exterior Features | Cement/Concrete, Wood Products |
|---|---|
| Lot Description | Curbs, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Puyallup |
|---|---|
| Elementary | Stewart Elem |
| Middle | Kalles Jnr High |
| High | Puyallup High |
Additional Information
| Date Listed | September 9th, 2026 |
|---|---|
| Days on Market | 1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Real Estate/PSK Inc |
|---|