Listing provided courtesy of The Foundation Group LLCNWMLSas Distributed by MLSGrid- MLS# NWM2496178MLS Provider

921 12th Avenue SEPuyallup, WA 98372

Multi-Family · 3 Beds · 17,872 Sq. ft. | 1.21 Acres
$4,300,000 Active

921 12th Avenue SE Overview

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The Foundation Group is pleased to present Lindale Apartments, a 24-unit multifamily community located in a quiet residential neighborhood of Puyallup within Pierce County. The property offers a well-balanced mix of one- and two-bedroom units designed to appeal to a broad renter base. Ideally positioned just minutes from Downtown Puyallup, the property provides convenient access to local shopping, dining, and everyday services, along with major destinations such as MultiCare Good Samaritan Hospital and South Hill Mall. The property went through an interior renovation in 2016 and has been meticulously maintained on unit turns, featuring renovated units with modern finishes that enhance tenant appeal.

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921 12th Avenue SE Facts & Features

  • Type Multi-Family
  • Sq. ft. 17,872
  • Price/Sq.ft. $241
  • Lot 1.21 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Puyallup
  • Elementary School: Spinning Elem
  • Middle Or Junior School: Kalles Jnr High
  • High School: Puyallup High

Income/Expenses

  • Other Expense: 100187
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 519504
  • Insurance Expense: 9245
  • Net Operating Income: 291161
  • Total Expenses: 202368
  • Total Monthly Income: 43292
  • Water/Sewer/Garbage: 48272

Building Information

  • New Construction: No
  • Year Built: 1973

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 83 - Puyallup
  • Subdivision Name: Puyallup Valley

Community/Development

  • Amenities: Coin Op Laundry

Tax Information

  • Tax Annual Amount: $44,664.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 0420345027
  • Possible Use: Commercial,Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 17872
  • Building Area Units: Square Feet
  • Calculated Square Footage: 17872
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Laminate, Vinyl, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • Leasable Area: 17872
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 51
  • Parking Uncovered Total: 51

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 1.209
  • Lot Size Square Feet: 52666
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Number Of Units Total: 2
  • Sewer: Sewer Connected

Unit Information

Unit 1 Details

  • Actual Rent: 1444
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1614
  • Beds Total: 2
  • Baths Total: 1

921 12th Avenue SE Neighborhood

Community

98372 (Puyallup) Demographics

40
Median Age
1,948
Population Density (per sq. mile)
41%
College Educated
$81,776
Estimated Median Income
5,870
Estimated Total Home Owners
4,613
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

921 12th Avenue SE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

921 12th Avenue SE Market Data

Based on the last 30 days in this zip code

$633,698
Average List Price
$299
Average Price per Square Foot
14
Properties Sold
71
Average Days on Market
141
Properties for Sale
Calculations provided by Reliance Network

921 12th Avenue SE History

Date Event Value Agent
6/15/2026Source: NWMLS Price Reduction
$4,300,000 -5.5%
6/15/2026Source: NWMLS Status Change
Active
5/26/2026Source: NWMLS Status Change
Pending Inspection
5/4/2026Source: NWMLS Status Change
Active
4/7/2026Source: NWMLS Status Change
Pending Feasibility
3/23/2026Source: NWMLS Added to Database
March 23, 2026