116 173rd Street S, Spanaway, 98387
MLS® #: 2287714
Active, 425 Days on Market
Listing Office: John L. Scott, Inc.
Last Update: 2025-11-05
0
Garages
425
Dom
12,692
Square feet
0.75
Acres
1968
Built
Impeccably Maintained 13-Unit Complex Offering Strong Returns & Immediate Cash Flow Opportunities. Benefit from fresh exterior paint, new decking & updated septic risers. Recent updates for all units include electrical panels & water tanks. Several units have been upgraded with modern finishes: cabinets, countertops, appliances, trim & flooring. Additional features include, coin-operated laundry facility, 13 individual garage spaces, 5 storage units, rare & valuable amenities. Long-term tenants ensure steady cash flow, with units turning over quickly when they become available. Conveniently located to schools, shopping, JBLM & outdoor recreation, this is a prime opportunity to invest in a well-maintained property with long-term potential.
Features of 116 173rd Street S
| MLS® # | 2287714 |
|---|---|
| Price | $3,200,000 |
| Bathrooms | 0.00 |
| Square Footage | 12,692 |
| Acres | 0.75 |
| Year Built | 1968 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 116 173rd Street S |
|---|---|
| Area | 99 - Spanaway |
| Subdivision | Lake Park |
| City | Spanaway |
| County | Pierce |
| State | WA |
| Zip Code | 98387 |
Amenities
| Parking Spaces | 37 |
|---|---|
| View | Mountain(s) |
| Is Waterfront | No |
Interior
| Interior Features | Wall to Wall Carpet |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood, Wood Products |
|---|---|
| Lot Description | Alley, Paved |
| Foundation | Poured Concrete |
School Information
| District | Bethel |
|---|---|
| Elementary | Thompson Elem |
| Middle | Spanaway Jnr High |
| High | Spanaway Lake High |
Additional Information
| Days on Market | 425 |
|---|---|
| Cumulative Days on Market | 425 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Property Taxes | $23,023 |
Listing Details
| Office | John L. Scott, Inc. |
|---|
Listing Map
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