1722 153rd Street S, Spanaway, WA 98387
- $649,000
- 2,006
- SqFt
Listing courtesy of Park 52, Inc.. Selling Office: Best Choice Realty LLC.
- Sold Price
- $649,000
- List Price
- $649,000
- Status
- SOLD
- MLS#
- 2497427
- Closing Date
- Jun 30, 2026
- Days on Market
- 63
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,006
- Area Total SqFt
- 2006
- Annual Tax Ammount
- 6079
- Lot Size (sq ft)
- 24,004
- Sewer
- Septic Tank
Property Description
Don’t miss this fantastic duplex ideally located just minutes from shopping, Spanaway Park, I-5, Hwy 512, and JBLM. Whether you're an investor or looking for an owner-occupied opportunity, this property checks all the boxes. One unit is occupied by a reliable long-term tenant, providing immediate rental income, while the second unit has been fully updated and is move-in ready—perfect for maximizing rent or living on-site. Each unit features, 2 spacious bedrooms and 2 bathrooms, living room with a cozy fireplace, a well-equipped kitchen with all appliances and a convenient breakfast bar. Enjoy outdoor living with a large, fully fenced yard—ideal for relaxing, entertaining, or pets. A 1-car garage for each unit adds convenience and value. With strong rental history and a prime location, this is an excellent opportunity to invest or live while generating income.
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Additional Information
- List Date
- 2026-04-28 00:00:00
- Community
- Spanaway
- Net Operating Income
- $38,151
- Gross Adjusted Income
- $46,510
- Gross Scheduled Income
- $47,460
- Total Monthly Income
- $3,955
- Insurance Expenses
- $1,500
- Water/Sewer/Garbage Expenses
- $780
- Gross Rent Multiplier
- 13
- Total Expenses
- $8,359
- Cap Rate
- 5.78
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 1722
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1979
- Roof
- Composition
- Energy Source
- Electric
- School District
- Bethel
- Total Monthly Income
- $3,955
- Gross Scheduled Income
- $47,460
- Vacancy Rate
- 2
- Gross Adjusted Income
- $46,510
- Tax Year
- 2025
- Insurance Expense
- $1,500
- W/S/G Expenses
- $780
- Total Expenses
- $8,359
- Net Operating Income
- $38,151
- Gross Rent Multiplier
- 13
- Cap Rate
- 5.78
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.