INVESTMENT OPPORTUNITY! Triplex has additional 1080 sf SHOP to increase the monthly income! Unit 1 has been updated over the years. Complete w/ 2 bedrooms, 3/4 bath, large living room w/ wood-burning fireplace, and kitchen w/built-in desk. Utility room has w/d, pantry, and more storage. Unit 2 is about 500 sf w/1 bed, 3/4 bath, and efficient living room w/ mini kitchenette. Unit 3 is occupied by tenant- 1138 sf w/ 1 bed, 1 bath, and w/d. What makes this property EXCEPTIONAL is the 3-vehicle carport PLUS two attached storage units. The SHOP can be rented for additonal income, as can the RV carport. Roof: 5 years new; Boiler: 1 year new; Vinyl windows thru-out. Owner pays W/S/G and heat; tenants pay electric. DO NOT DISTURB TENANT IN UNIT #3.
Sold
Listed by: eXp Realty • Beth Rahman
Bought with: Windermere RE West Campus Inc
$710,000
508 7th Avenue NW, Puyallup, WA 98371
--beds
--baths
3,138sqft
Triplex, Multi Family
Built in 1953
-- sqft lot
$811,200 Zestimate®
$226/sqft
$1,752 Estimated rent
Home value
$811,200
$754,000 - $876,000
$1,752/mo
Zestimate® history
Owner options
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$4,409/mo
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Est. payment
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Wood - burning fireplaceBuilt - in deskUtility room
Zillow last checked:
Listing updated:
Offers reviewed: Feb 02
Listed by:
Beth Rahman,
eXp Realty
Bought with:
Timothy Vanstrien
Windermere RE West Campus Inc
Source: NWMLS as distributed by MLS GRID,MLS#: 2193127
Facts & features
Interior
Heating
- Radiant, Natural Gas
Cooling
- None
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,138
- Total interior livable area: 3,138 sqft
Property
Parking
- Total spaces: 9
- Parking features: RV Parking
- Carport spaces: 3
- Uncovered spaces: 3
Features
- Patio & porch: Laminate Hardwood, Wall to Wall Carpet
Lot
- Size: 0.39 Acres
- Features: Curbs, Paved, Sidewalk, Cabana/Gazebo, Cable TV, Fenced-Partially, Outbuildings, Patio, RV Parking, Shop, Sprinkler System
Details
- Parcel number: 5795000041
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Stucco
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Average
- Year built: 1953
- Major remodel year: 1975
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Puyallup
- Water: Public, Company: City of Puyallup
Community & HOA
Community
- Subdivision: Nw Puyallup
Location
- Region: Puyallup
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $755,800
- Annual tax amount: $6,087
- Offers reviewed: 02/02/2024
- Date on market: 4/5/2024
- Cumulative days on market: 838 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2024 | Sold | $710,000-5.3%$226/sqft |
Source:  NWMLS as distributed by MLS GRID #2193127 Report a problem | ||
| 2/5/2024 | Pending sale | $750,000$239/sqft |
Source: NWMLS as distributed by MLS GRID #2193127 Report a problem | ||
| 2/5/2024 | Listed for sale | $750,000$239/sqft |
Source: NWMLS as distributed by MLS GRID #2193127 Report a problem | ||
| 2/3/2024 | Pending sale | $750,000$239/sqft |
Source: NWMLS as distributed by MLS GRID #2193127 Report a problem | ||
| 1/28/2024 | Listed for sale | $750,000$239/sqft |
Source: NWMLS as distributed by MLS GRID #2193127 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,416 +27% | $755,800 +13.1% |
| 2023 | $6,625 +8.8% | $668,300 +6.5% |
| 2022 | $6,087 -5.2% | $627,300 +7.8% |
| 2021 | $6,422 +29.5% | $581,700 +23% |
| 2019 | $4,960 -2.5% | $473,100 +17% |
| 2018 | $5,087 +13.6% | $404,300 +9.9% |
| 2017 | $4,476 +10.7% | $367,900 +25.9% |
| 2016 | $4,043 | $292,300 +10% |
| 2014 | $4,043 +7% | $265,700 +7.3% |
| 2013 | $3,778 | $247,600 +0.4% |
| 2012 | -- | $246,500 -21.5% |
| 2010 | -- | $314,100 -11.6% |
| 2009 | -- | $355,400 -3.1% |
| 2008 | -- | $366,700 -3.6% |
| 2007 | $3,985 +51.9% | $380,500 +96.2% |
| 2002 | $2,624 -9.4% | $193,900 +10.2% |
| 2001 | $2,895 +18% | $176,000 +10.6% |
| 2000 | $2,453 | $159,100 |
Find assessor info on the county website
Neighborhood: 98371
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Nearby schools
GreatSchools rating
- 5/10Karshner Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 6/10Aylen Jr High SchoolGrades: 7-9Distance: 0.7 mi
- 7/10Puyallup High SchoolGrades: 10-12Distance: 0.3 mi
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Estimated market value
$811,200
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Estimated market value
$811,200
- Washington
- Pierce County
- Puyallup
- 98371
- 508 7th Avenue NW
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