4305 224th Street E, Spanaway, WA 98387
- $683,000
- 2,280
- SqFt
Listing courtesy of FirstPoint Real Estate LLC. Selling Office: Triwood Realty.
- Sold Price
- $683,000
- List Price
- $684,950
- Status
- SOLD
- MLS#
- 2368259
- Closing Date
- Aug 15, 2025
- Days on Market
- 26
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,280
- Area Total SqFt
- 2280
- Annual Tax Ammount
- 5816
- Lot Size (sq ft)
- 24,706
- Sewer
- Septic Tank
Property Description
Great private duplex available for a willing investor. Owner is selling the duplex plus the lot next door to the North which is a good buildable lot (Buyer to verify) with an Easement from the main street. Both units are in decent condition. Both currently rented Month to Month at $1300/side. Tenants pay all utilities. All offers must be subject to inspection.
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Additional Information
- List Date
- 2025-07-20 00:00:00
- Community
- Bethel
- Net Operating Income
- $22,884
- Gross Adjusted Income
- $31,200
- Gross Scheduled Income
- $31,200
- Total Monthly Income
- $2,600
- Insurance Expenses
- $2,500
- Gross Rent Multiplier
- 21.9
- Total Expenses
- $8,316
- Cap Rate
- 3.34
- Total Number of Units
- 2
- Unit Name
- 4305
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1986
- Roof
- Composition
- Energy Source
- Electric
- School District
- Bethel
- Total Monthly Income
- $2,600
- Gross Scheduled Income
- $31,200
- Gross Adjusted Income
- $31,200
- Tax Year
- 2025
- Insurance Expense
- $2,500
- Total Expenses
- $8,316
- Net Operating Income
- $22,884
- Gross Rent Multiplier
- 21.9
- Cap Rate
- 3.34
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.