116 173rd Street S, Spanaway, WA 98387

Local realty services provided by:Knipe Realty ERA Powered
Listed by: cooper carlson
Office: john l. scott, inc.
MLS#:2287714
Source:NWMLS
116 173rd Street S,Spanaway, WA 98387
$3,200,000
  • - Beds
  • - Baths
  • 12,692 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$3,200,000
  • Price per sq. ft.:$252.13

About this home

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.

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Home facts

  • Year built:1968
  • Listing ID #:2287714
  • Updated:November 15, 2025 at 12:06 PM

Rooms and interior

  • Living area:12,692 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition
  • Year built:1968
  • Building area:12,692 sq. ft.
  • Lot area:0.75 Acres

Schools

  • High school:Spanaway Lake High
  • Middle school:Spanaway Jnr High
  • Elementary school:Thompson Elem

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$3,200,000
  • Price per sq. ft.:$252.13
  • Tax amount:$23,023 (2024)
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