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$3,200,000
107 Days On Site

116 173rd Street S
Spanaway, WA 98387

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
12,692
SqFt
$252
/SqFt
1968
Built
Subdivision:
Lake Park
County:
Pierce
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Courtesy of NWMLS
Listing courtesy of Cooper Carlson of John L. Scott, Inc.

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(360) 507-3775
116 173rd Street S116 173rd Street S116 173rd Street S116 173rd Street S
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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.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
107 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,692 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7465 Acres
Year Built 
1968
MLS® Number 
2287714
Status 
Active
Property Tax 
$23,023
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Days online/new listing status Today's Date - OriginatingSystemModificationTimestamp + CumulativeDaysOnMarket = CDOM.
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
3 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.7465
Additional Property Use 
Multi-FamilyResidential
Buyer Agent Compensation 
2
Number Of Stories 
2
Parking Spaces 
37
Property Sub Type 
Multi Family
Sewer 
Septic Tank
SqFt Total 
12692
Water Source 
Public
Interior Features
Flooring 
CarpetVinyl
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Wood Siding
Lot Features 
Paved
Roof 
Composition
View 
Mountain(s)
Waterview 
Mountain(s)
Community Features
Association Amenities 
Coin LaundryStorage
Financing Terms Available 
Conventional
MLS Area 
99 - Spanaway
School District 
Bethel
Schools
School District
Bethel
Elementary School
Thompson Elem
Middle School
Spanaway Jnr High
High School
Spanaway Lake High
Courtesy of NWMLS
Listing courtesy of Cooper Carlson of John L. Scott, Inc.



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT

Neighborhood & Commute
Source: Walkscore
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