921 12th Ave SE
Puyallup WA 98372

Lindale Apartments

921 12th Ave SE Puyallup WA 98372

Listing #: 710480 | Status: Pending | Last Modified: 4/7/2026 |

For Sale
Aaron Locke
  • Phone:(206) 774-5436
  • Email:Aaron@tfgre.com
  • Office Name:The Foundation Group
  • Office Phone:(206) 324-9424
  • Office Website:
Isaac Chamberlin
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 4,550,000.0
  • $/SF$ 263.7
  • $/Unit$ 4,550,000.0
  • Listing StatusPending
  • Days on Market41
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income493,529
  • Vacancy Factor %5.00%
  • Operating Expenses202,368
  • Net Operating Income266,484
  • CAP Rate 6.40 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 6.40 %
Building Information
  • Building StatusExisting
  • # of Buildings3
  • # of Floors2
  • # of Units24
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF17456
  • Net Rentable Area17256
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF52708
  • Acres1.21
Property Type
  • Property TypeMulti-Family
  • Office Type
  • Building ClassC
Location
  • CountyPierce
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaPuyallup/Sumner
  • Tax ID #0420345027
  • Additional Parcels
  • ZoningRM-20
Construction
  • Year Built1973
  • Year Renovated2015
  • Completion Date
  • Roof Type
  • Construction TypeFramed

Lindale Apartments

Public Comments

We are 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, including individuals, couples, and small families. 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.

Listing Images