218 169th Street E Spanaway, WA $ 625,000
218 169th Street E
$ 625,000
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218 169th Street E

Spanaway, WA, 98387
$ 625,000
Baths0.0 Sq 2,688

Monthly Estimate*

$ 4,154

Listed by RE/MAX Extra Inc.
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Studio

Multi-Family Home for sale in Spanaway, WA

for $625,000. This 2,688 square foot home was built in 1964 on a lot size of 0.3214.

Don't let this exceptional investment opportunity pass you by! Presenting a multifamily triplex of 3 units and 2,688 square feet in total. Unit A, situated at the front, features a cozy studio layout with 1 bedroom and 1 bathroom. Unit B offers spacious living with 3 bedrooms and 1 bathroom, while Unit C, located upstairs, offers 3 bedrooms, 1 bathroom, and a slider off the primary bedroom to a deck. Both Units A and C are fenced. And Units B and C are equipped with pellet stoves. Ideally situated close to all amenities.

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Multi-Family Active

Price

$ 625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,404

Style

Tri-plex

Lot Size

0.3214

Year Built

1964

Town/City

Spanaway

County/Region

Pierce

MLS | Web ID

2213480

Features
General
Interior Features Wall to Wall Carpet Laminate
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition Torch Down
Exterior Features Wood
HOA 0
Security Features PartiallyFenced
Year Built 1964
Property SubType Multi-Family
Tax Year 2024
Building Name Lake Park
County Pierce
Net Operating Income 42620
Insurance Expense 1596
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Energy Efficient Thermal Windows
Subdivision Name Spanaway
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions GPS Friendly
High School Spanaway Lake High
City Spanaway
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Bethel
Open Parking Spaces 7
Total Units 3
MLS Area 99 - Spanaway
Lot Size Square Feet 14000
Waterfront Y/N N
Carport Spaces 1
Carport Y/N N
Street Name 169th
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Thompson Elem
Tax Annual Amount 5404
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Spanaway Jnr High
Property Condition Average
Public Remarks Don't let this exceptional investment opportunity pass you by! Presenting a multifamily triplex of 3 units and 2 688 square feet in total. Unit A situated at the front features a cozy studio layout w
Leasable Area 2688
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Water Company Spanaway
Units Below Grade false
Units In Building Total 3
Zoning Class Multi-Family
Water Sewer Garbage 1800
Property Style 53 - Tri-plex
Cap Rate 6.76
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Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric Pellet
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Parking Features RV Parking
Lot Features Paved Sidewalk
Water Source Public
Total Parking 8
Foundation Details Slab
Building Area Total 2688
Lot Size Acres 0.3214
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Fully High Speed Internet Outbuildings Patio RV Parking
Parking Uncovered Spaces 7
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Internal Only
OriginalMLSID NWM2213480
Street Number 1 218
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* Excluded Features
List By
Don M. Goethals

Listing Agent

Re/Max Extra Inc.

Broker

Affordability Calculator

$4,604
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,154
Monthly Property Taxes
$450
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2925210 Elementary School
258869 Middle School
Spanaway Lake High High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$625,000 Listed Price

Map


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218 169th Street E, Spanaway, WA, 98387 is a Multi-Family Home for sale at $625,000 with 2,688 sqft and a lot size of 0.3214. 218 169th Street E is a studio with 0.0 baths and was built in 1964. The property's zip code is 98387 which is in Spanaway, WA