116 173rd St S

Spanaway, WA 98387
  • $3,200,000

    Price
  • 25

    Bed
  • 13

    Bath
  • 11,650

    SqFt

About the Listing 905 - 32971

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.

Listing Highlights for 116 173rd St S

Status Active
Days on Site 363
Property Type Multi-Family
MLS ® 2287714
Year Built 1968
Total Square Footage 11,650
Lot/Acreage 0.75
County Pierce
Neighborhood Lake Park
School District Bethel
Elementary School Thompson Elementary
Middle School Spanaway Junior High
High School Spanaway Lake High

Interior Details

  • Bedrooms: 25
  • Bathrooms: 13 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Vinyl,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Wall to Wall Carpet
  • Water: Spanaway

Exterior Details

  • Lot Description: Alley,Paved,Zoning: Multi-Family,Residential
  • Garage Capacity: N/A
  • Parking Spaces: 37
  • Lot Dimensions: 203'x152'
  • Zoning: Multi-Family,Residential
  • Roof: Composition
  • Others: Wood,Wood Products,Good
  • Sewer: Septic

Financial Details

  • Tax Amount: $23,023
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5025001461
  • Tax Year: 2024

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Questions About..

116 173rd St S Spanaway, WA 98387

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Originating MLS: nwmls

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