1520 149th Street S, Spanaway, WA 98387

$590,600
1,764
SqFt

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Listing courtesy of Keller Williams Realty. Selling Office: RE/MAX Integrity.

Sold Price
$590,600
List Price
$575,000
Status
SOLD
MLS#
2325708
Closing Date
Mar 05, 2025
Days on Market
4
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,764
Area Total SqFt
1764
Annual Tax Ammount
5745.69
Lot Size (sq ft)
19,602
Sewer
Available, Septic Tank

Property Description

Welcome to this incredible investment opportunity house hack here live in half rent out the other or just add this turn key property to your portfolio. This great duplex is just blocks from Spanaway Lake with easy access to freeways shopping and JBLM features 2 bed 1 bath on each side new exterior paint and is situated on a large lot.

Additional Information

List Date
2025-03-01 00:00:00
Community
Spanaway
Net Operating Income
$21,296
Gross Adjusted Income
$21,296
Gross Scheduled Income
$29,700
Total Monthly Income
$2,475
Insurance Expenses
$1,178
Water/Sewer/Garbage Expenses
$1,481
Gross Rent Multiplier
19.36
Total Expenses
$8,406
Cap Rate
0.37
Total Number of Units
2
Unit Name
1520
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1977
Roof
Composition
Energy Source
Electric
School District
Bethel
Elementary School
Spanaway Elem
Middle School
Spanaway Jnr High
High School
Spanaway Lake High
Total Monthly Income
$2,475
Gross Scheduled Income
$29,700
Gross Adjusted Income
$21,296
Tax Year
2024
Insurance Expense
$1,178
W/S/G Expenses
$1,481
Total Expenses
$8,406
Net Operating Income
$21,296
Gross Rent Multiplier
19.36
Cap Rate
0.37
Based on information submitted to the MLS GRID as of . 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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