Puyallup, WA 98372 338 5th Street SE
$1,090,000
19 more
Presented By: HomeSmart Real Estate Assoc and NWMLS
- MLS# 2425785
- 08/29/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,056
Home Details
Here is your chance to purchase a rare 2021 built duplex in Puyallup. With a long term tenant downstairs and a four year old Air BnB upstairs, this building provides stability for income with the lower unit while the upstairs provides a larger opportunity for maximum cash flow. No corners were cut in the construction of this building with Quartz counter tops, custom tile backplash, undercounter lighting, custom fireplaces along with LVP flooring throughout. The upstairs unit is fully furnished and can be transfered as a functioning Air BnB or house hack it, and create real wealth. A real unique opportunity to own a truly unique property in-town that’s walkable to the WA State Fairgrounds and everything the city of Puyallup has to offer.
Presented By: HomeSmart Real Estate Assoc and NWMLS
Interior Features for 338 5th Street SE
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 338 5th Street SE
AmenitiesThermal Windows
Building Area UnitsSquare Feet
Cap Rate5.06
Carport Spaces
Carport Y/NNo
CityPuyallup
CoolingDuctless
CountyPierce
DirectionsFrom 512 take the Pioneer exit and head west toward town. Take left at light on 5th St. SE and the Duplex is 1/2 way down on the right side of street.
Electric Expense1500
Elementary SchoolSpinning Elem
Energy EfficientThermal Windows
Fuel Expense
HOANo
HOA Fee$
HeatingDuctless, Wall Unit(s)
High SchoolPuyallup High
High School DistrictPuyallup
Insurance Expense1752
Leasable Area3056
Listing TermsCash Out, Conventional, FHA, VA Loan
Lot Size Square Feet4527
Lot Size UnitsSquare Feet
MLS Area79 – Puyallup
Middle/Junior High SchoolKalles Jnr High
ModificationTimestamp2025-09-18T00:59:11.030Z
NWM_ShowMapLinkY
Net Operating Income55805
New ConstructionNo
Number Of Units Total2
Open Parking Spaces5
PossessionClosing
Property ConditionVery Good
Property Style52 – Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksHere is your chance to purchase a rare 2021 built duplex in Puyallup. With a long term tenant downstairs and a four year old Air BnB upstairs, this building provides stability for income with the lowe
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NamePuyallup
Tax Annual Amount7966
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewMountain(s)
Water CompanyTacoma
Water Sewer Garbage2820
Year Built2021
Exterior for 338 5th Street SE
Building Area Total3056
Covered Spaces
Exterior AmenitiesCement Planked, Wood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions41′ x 110′
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.1039
Parking FeaturesRV Parking
Parking Uncovered Spaces5
Site FeaturesDeck, Gas Available, High Speed Internet, Patio, RV Parking
Total Parking5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Spinning Elem
High School
Puyallup High
Middle School
Kalles Jnr High
Josh QA1
REALTOR ® SRES ®