162 & 164 171st Street E, Spanaway, WA 98387
- $725,000
- 2,576
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $725,000
- Status
- PENDING INSPECTION
- MLS#
- 2508506
- Days on Market
- 104
- Style
- 52 - Duplex
- Finished SqFt
- 2,576
- Area Total SqFt
- 2576
- Annual Tax Ammount
- 6870
- Lot Size (sq ft)
- 12,600
- Sewer
- Septic Tank
Property Description
Vaulted ceilings with open kitchens - these 3 bedroom, 2 bathroom open concept duplex units were upgraded 2-3 years ago with new floors, paint and carpet. Open kitchens with eating bar and dining space. No stairs or steps with wide doors and hallways - may be wheelchair accessible - Buyer to verify. Septic approved for 4 bedrooms total. Fully fenced back yards for each unit with patios. Gas fireplace in each living room, washer/dryer in each unit. Tenants in each side currently. Great opportunity for Buyer to move into one side or keep as rentals.
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Additional Information
- List Date
- 2026-04-16 23:23:10
- Community
- Lake Park
- Net Operating Income
- $39,083
- Gross Adjusted Income
- $52,440
- Gross Scheduled Income
- $55,200
- Total Monthly Income
- $55,200
- Insurance Expenses
- $1,735
- Gross Rent Multiplier
- 13.13
- Total Expenses
- $13,357
- Cap Rate
- 5.39
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 162 & 164
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 2005
- Roof
- Composition
- Site Features
- Fenced-Fully, Gas Available, Patio, RV Parking
- Other Expenses
- 4752
- Energy Source
- Electric, Natural Gas
- School District
- Bethel
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Spanaway Lake High
- Total Monthly Income
- $55,200
- Gross Scheduled Income
- $55,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $52,440
- Tax Year
- 2026
- Insurance Expense
- $1,735
- Total Expenses
- $13,357
- Net Operating Income
- $39,083
- Gross Rent Multiplier
- 13.13
- Cap Rate
- 5.39
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.