Provided by NWMLS, Listed by COMPASS

Active

204 S Meridian

Puyallup WA, 98371

$1,450,000


$239.04 per sqft

Active

6,066 sqft

Multi-family

Built in 1920

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.

2330179

MLS ID

February 6, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Unit(s)

Exterior/Building Features

Lot Size

0.09 Acres


Exterior Features

Brick


Lot Features

Alley, Curbs, Paved, Sidewalk


Roof

Torch Down


Sewer

Sewer Connected

School Information

School District

Puyallup

Other Property Details

Area Name

80 - Puyallup


Taxes

$9,778


Tax Frequency

Annually


Garage

No


Parking Total

0


View

Yes


View Description

Mountain(s), Territorial


County

Pierce


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 2/22/2025. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 2/22/2025 at 2:00 PM UTC . 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.

©2025 Northwest Multiple Listing Service all rights reserved.

Data last updated on 2/22/2025 at 2:00 PM UTC 

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