111 113 175th Street S, Spanaway, WA 98387
- $575,000
- 1,880
- SqFt
Listing courtesy of Best Choice Realty LLC. Selling Office: John L. Scott Lacey.
- Sold Price
- $575,000
- List Price
- $590,000
- Status
- SOLD
- MLS#
- 2404380
- Closing Date
- Nov 05, 2025
- Days on Market
- 67
- Style
- 52 - Duplex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 1,880
- Area Total SqFt
- 1880
- Annual Tax Ammount
- 5572
- Lot Size (sq ft)
- 14,200
- Sewer
- Septic Tank
Property Description
Well-maintained, single-story duplex. Each unit offers two bedrooms, one bath, 940 sq ft, a fenced yard, and a garage. Situated on a flat 326-acre lot, both units are nicely updated. Photos show unit 111. 113 has similar updates. W/D utility area off the kitchen. New roof in 2019, new gutters & downspouts in 2021. Unit 111 is now vacant for easy showings or immediate move-in. Freshly painted, too! Unit 111 has an additional 1-car garage/shop in the back with alley access. This duplex offers an excellent investment opportunity or is perfect for an owner-occupant seeking additional rental income. Tenants pay all utilities. Conveniently located on a quiet street close to schools, shopping, and amenities.
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Additional Information
- List Date
- 2025-08-30 00:00:00
- Community
- Lake Park
- Net Operating Income
- $39,657
- Gross Adjusted Income
- $46,560
- Gross Scheduled Income
- $46,560
- Total Monthly Income
- $1,940
- Insurance Expenses
- $1,331
- Total Expenses
- $6,903
- Cap Rate
- 6.7
- Vacancy Rate
- 50
- Total Number of Units
- 2
- Unit Name
- 111
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1978
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
- Energy Source
- Electric
- School District
- Bethel
- Elementary School
- Thompson Elem
- Middle School
- Spanaway Jnr High
- High School
- Spanaway Lake High
- Total Monthly Income
- $1,940
- Gross Scheduled Income
- $46,560
- Vacancy Rate
- 50
- Gross Adjusted Income
- $46,560
- Tax Year
- 2025
- Insurance Expense
- $1,331
- Total Expenses
- $6,903
- Net Operating Income
- $39,657
- Cap Rate
- 6.7
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.