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Listing Firm: Gateway Real Estate: Joseph Layer

Bought With: John L. Scott, Inc : Rob Condiotty

SOLD On June 30, 2023
NWMLS # 2070791

$950,000

  • Sold Price
  • - Beds
  • - Baths
  • 3744 Sq.ft.

119 170th Street E, Spanaway, WA 98387

Listings with the three tree icon are courtesy of NWMLS

About This Property

Welcome to this incredible investment opportunity, this 4-plex is in a very convenient location just under 10 minutes you can get to JBLM, 512, I-5 and shopping centers all around. 4-plex offers a great amount of features and upgrades, all 4 units are just under 1,000sqft 2bed/1.5baths that have been renovated, large lot, new appliances, W/D hookup for lower units upstairs units have a coin-op laundry that stays, each unit has its own fully fenced back yard, exterior just repainted. All the hard work has been completed to provide a mostly maintenance free, income producing property. Bringing in $6,550 monthly with a cap rate just under 6.5%. you just can’t go wrong with this one. Please do not disturb tenants.

Buyer's Agent: Rob Condiotty • John L. Scott, Inc

Listed by: Joseph Layer • Gateway Real Estate

Aris360 Last Checked: 20 Minutes Ago (Jul 18, 2025 02:38 AM)

  • Source: NWMLS as Distributed by MLS Grid #2070791

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 170th
  • Zip/Postal Code: 98387
  • City: Spanaway

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$3,847 per month
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Property Features

  • County
    • Spanaway
  • Community
    • 99 - Spanaway
  • MLS Area
    • 99 - Spanaway
  • Longitude
    • -122.430968
  • Latitude
    • 47.102711
  • Directions
    • from 512 west, pacific ave exit, drive down to 170th st and take a left, about 1 block down 4 Plex will be on left side andfrom the street it will be the 4 Plex to the right

  • Interior
    • Wall to Wall Carpet
    • Ceramic Tile
    • Laminate Hardwood
  • Floors
    • Vinyl Plank
    • Carpet
    • Ceramic Tile
    • Laminate
    • Vinyl
  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 54 - 4-Plex
  • Parking Spaces
    • 8
  • Lot Description
    • Sidewalk,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood Products
    • Wood
  • Site Description
    • Cable TV,Fenced-Partially
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
    • Sewer Connected,
  • Condition
    • Good,
  • Building Total Area (Sq. Ft.)
    • 12425
  • Utilities
    • Sewer Connected,
    • Electric,

  • High School District
    • Bethel

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2022
  • Structure Type
    • Condominium,
  • Tax Amount
    • $8750
  • Year Built
    • 1981
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Fri Jul 18 2025 . 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.

Jul 18, 2025 02:38 AM