17315 10th AVE S Spanaway, WA 98387 New

UPDATED: 11/29/2025 01:43 AM

$685,000

6 Beds3 Baths2,598 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,598 sqft

Price per Sqft $263

Subdivision Spanaway

MLS Listing ID 2457959

Style 52 - Duplex

Bedrooms 6

Year Built 1997

Annual Tax Amount $6,952

Lot Size 0.293 Acres

Property Sub-Type Multi Family

Property Description

Enjoy steady cash flow, low maintenance, and a prime Spanaway location with this terrific investment opportunity just a short walk from Spanaway Lake and tucked away on a quiet residential street. Each unit has 1,299 sq ft with 3 bedrooms and 1.5 baths, with spacious, functional layouts. The fully fenced lot provides privacy and security, along with space for RV parking -- a sought-after amenity in this area and an added draw for tenants. A strong history of reliable, long-term tenants -- and a 5.1% cap rate that includes a conservative 3% vacancy rate -- is reflective of the property's steady performance and appealing returns. Located near parks, schools, shopping, JBLM, and outdoor recreation. Take a look while it's still available!