204 S Meridian Puyallup, WA 98371
Listing Courtesy of: Northwest MLS / Compass

  204 S Meridian Puyallup, WA 98371

Active (35 Days)
$1,450,000

Description

Secure this 100% leased, turnkey investment in the heart of Puyallup’s Central Business District. Built in 1920 and meticulously updated, this 6,066 sq. ft. mixed-use property blends historic charm with modern upgrades for stability and long-term value. The street-level retail includes two fully leased units, while the upper level features two updated 2BR/1BA apartments with in-unit laundry, stylish interiors, and Mt. Rainier views. Situated on a high-traffic corridor with ample parking and a 95 Walk Score, this asset offers strong tenant demand. With leases structured for future utility reimbursement potential, this is a rare chance to own a thriving piece of Puyallup’s history.

MLS #:
2330179
Taxes
$9,778(2024)
Lot Size
3,736 SQFT
Type
Multifamily
Year Built
1920
Style
Duplex
Views
Territorial, Mountain(s)
School District
Puyallup
County
Pierce County
Community
Puyallup Valley

Listed By

Ben Kaufman, Compass
Source
Northwest MLS as distributed by MLS Grid
Last checked Mar 13 2025 at 5:11 PM GMT+0000
Bathroom Details
Subdivision
  • Puyallup Valley
Lot Information
  • Alley
  • Curbs
  • Sidewalk
  • Paved
Property Features
  • Fireplace: 0
Heating and Cooling
  • Wall Unit(s)
Exterior Features
  • Brick
  • Roof: Torch Down
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
  • Energy: Green Verification:, Green Efficiency:, Green Generation:
Additional Listing Info
  • Buyer Brokerage Compensation: 2
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Estimated Monthly Mortgage Payment

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Listing price
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Disclaimer: Based on information submitted to the MLS GRID as of 3/13/25 10:11. 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.