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Listing Firm: John L. Scott, Inc.: Cooper Carlson

Active
NWMLS # 2287714
  • - Beds
  • - Baths
  • 12692 Sq.ft.

116 173rd Street S, Spanaway, WA 98387

Listings with the three tree icon are courtesy of NWMLS

About This Property

Impeccably Maintained 13-Unit Complex Offering Strong Returns & Immediate Cash Flow Opportunities. Benefit from fresh exterior paint, new decking & updated septic risers. Recent updates for all units include electrical panels & water tanks. Several units have been upgraded with modern finishes: cabinets, countertops, appliances, trim & flooring. Additional features include, coin-operated laundry facility, 13 individual garage spaces, 5 storage units, rare & valuable amenities. Long-term tenants ensure steady cash flow, with units turning over quickly when they become available. Conveniently located to schools, shopping, JBLM & outdoor recreation, this is a prime opportunity to invest in a well-maintained property with long-term potential.

Aris360 Last Checked: 2 Minutes Ago (Jun 14, 2025 03:16 AM)

  • Source: NWMLS as Distributed by MLS Grid #2287714

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 173rd
  • Zip/Postal Code: 98387
  • City: Spanaway

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$3,847 per month
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Property Taxes

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Loan Detail

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Property Features

  • County
    • Lake Park
  • Community
    • 99 - Spanaway
  • MLS Area
    • 99 - Spanaway
  • Longitude
    • -122.433053
  • Latitude
    • 47.100049
  • Directions
    • From Hwy 512 head South on Pacific Ave(Hwy7), Left of 173rd to complex on the right.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric

  • Stories
    • 2
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 37
  • Lot Description
    • Alley,
    • Paved,
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Wood
    • Wood Products
  • Roof
    • Composition,
  • Septic or Sewer
    • Septic Tank,
  • Lot Size in Acres
    • 1

  • Covered Spaces
    • 12
  • Condition
    • Good,
  • Water
    • Spanaway
  • Building Total Area (Sq. Ft.)
    • 32518
  • Has View
    • Yes
  • View Description
    • Mountain(s),

  • High School District
    • Bethel
  • Jr. High School
    • Spanaway Jnr High
  • Elementary School
    • Thompson Elem
  • High School
    • Spanaway Lake High

  • Possession
    • Closing,
    • Tenant's Rights,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2024
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $23023
  • Year Built
    • 1968
  • Effective Year Built
    • 1994
  • Status
    • Active

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Disclaimer: Based on information submitted to the MLS GRID as of Sat Jun 14 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.

Jun 14, 2025 03:16 AM