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$6,500,000

  • For Sale
  • Active
  • Multi-Family

Listed by Steve Fischer | Northmarq Multifamily, LLC | (952) 356-0100

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We are pleased to present Canyon Ridge Apartments, a well-maintained 36-unit community in Puyallup. This offering provides a value-add investment opportunity with recent capital improvements. The property features a mix of 1&2 BD units, averaging 728SF, with 30 of the 36 units recently remodeled to include new flooring, baseboards, paint, lighting, appliances, and updated bathrooms - half of which also received new cabinets. Enhancements include double-pane vinyl windows and 5 on-site laundry rooms with coin-operated machines, all newly installed in December 2024 and fully owned by the property. Recent exterior upgrades include new roofs, paint, and seal coating in 2022, curbing, striping, and landscaping updates in 2025.

Full Property Details for 5211 E 96th St

General

  • Price: $6,500,000
  • Taxes: $59,976 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2375065
  • Updated: 11/17/2025
  • Added to Site: 249 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Deck, Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 60

Location

  • Area: 79 - Puyallup
  • County: Pierce
  • Subdivision: Summit
  • Driving Directions: Take exit 135 from I-5 S. Take Pioneer Way E and Canyon Rd E to 96th St E in Summit. Turn right onto 96th St E.

School Information

  • High School District: Puyallup

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Septic Tank

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Brick, Wood
  • Foundation: Slab
  • Roof: Composition
  • Stories in Building: 2
  • Year Built: 1976

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 2.9883
  • Lot Size (Sq. Ft.): 130,170
  • Lot Size Source: Pierce County
  • Lot Features: Paved, Sidewalk
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $59,976
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 320364089

Listed by Steve Fischer | Northmarq Multifamily, LLC | (952) 356-0100

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NMLS#: 1598647

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Schools serving 5211 E 96th St

School District:Franklin Pierce School District
NameGradesDistance
Central Avenue Elementary School
4608 128th Street East, Tacoma, WA 98446
K-52.2 mi
Morris Ford Middle School
1602 104th Street East, Tacoma, WA 98445
6-82.5 mi
Franklin-Pierce High School
11002 18th Avenue East, Tacoma, WA 98445
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5211 E 96th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$6,500,000
-1.52%
MLS
7/24/2025
Price Reduced
$6,600,000
-2.94%
MLS
5/12/2025
Listed
$6,800,000
75.48%
MLS
8/26/2019
Sold
$3,875,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5211 E 96th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,631
3%
$1,192,100
—
2024
$15,221
4%
$1,192,100
—
2023
$14,574
2%
$1,192,100
12%
2022
$14,352
7%
$1,064,300
15%
2021
$13,354
22%
$925,500
33%
2020
$10,954
27%
$694,300
20%
2019
$8,637
-14%
$579,700
10%
2018
$10,004
2%
$527,000
5%
2017
$9,846
11%
$501,900
15%
2016
$8,848
-8%
$436,400
—
2014
$9,657
—
$436,400
-6%
2014
$9,657
—
$463,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Steve Fischer | Northmarq Multifamily, LLC | (952) 356-0100

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Sold by Non Member ZDefault | ZNonMember-Office-MLS

5211 E 96th Street, Tacoma, WA 98446 (MLS# 2375065) is a Multi-Family property with 36 units containing 0 bedrooms and 0 full bathrooms. 5211 E 96th Street is currently listed for $6,500,000 and was received on May 12, 2025. Want to learn more about 5211 E 96th Street? Do you have questions about finding other Multi-Family real estate for sale in Tacoma? You can browse all Tacoma real estate or contact a Coldwell Banker agent to request more information.

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