Provided by NWMLS, Listed by John L. Scott, Inc.

Active

116 173rd Street S

Spanaway WA, 98387

$3,200,000


$252.13 per sqft

Active

12,692 sqft

Multi-family

Built in 1968

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.

2287714

MLS ID

September 6, 2024

Listed

November 22, 2024

Updated

Map

116 173rd Street S
Spanaway WA, 98387

Interior Features

Total Stories

2


Interior Features

Wall to Wall Carpet


Floor Description

Vinyl, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.75 Acres


Exterior Features

Wood, Wood Products


Lot Features

Alley, Paved


Roof

Composition


Sewer

Septic Tank

School Information

School District

Bethel


High School

Spanaway Lake High


Elementary School

Thompson Elem

Other Property Details

Area Name

99 - Spanaway


Taxes

$23,023


Tax Frequency

Annually


Garage

No


Parking Total

37


View

Yes


View Description

Mountain(s)


County

Pierce


Water Source

Public


Pool

No

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 12/7/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 12/7/2024 at 5:00 AM UTC . 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.

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Data last updated on 12/7/2024 at 5:00 AM UTC 

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