17315 10th Avenue S, Spanaway, WA 98387

Local realty services provided by:Imagine Realty ERA Powered
Listed by: mike larson
Office: compass
MLS#:2457959
Source:NWMLS
17315 10th Avenue S,Spanaway, WA 98387
$685,000
  • - Beds
  • - Baths
  • 2,598 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$685,000
  • Price per sq. ft.:$263.66

About this home

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!

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Home facts

  • Year built:1997
  • Listing ID #:2457959
  • Updated:December 17, 2025 at 01:23 AM

Rooms and interior

  • Living area:2,598 sq. ft.

Heating and cooling

  • Heating:Wall Unit(s)

Structure and exterior

  • Roof:Composition
  • Year built:1997
  • Building area:2,598 sq. ft.
  • Lot area:0.29 Acres

Schools

  • High school:Buyer To Verify
  • Middle school:Buyer To Verify
  • Elementary school:Buyer To Verify

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$685,000
  • Price per sq. ft.:$263.66
  • Tax amount:$6,952 (2025)
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