Active

Listed by:

Michael E Larson,

COMPASS

$685,000

17315 10th Avenue S, Spanaway, WA 98387

6beds

4baths

2,598sqft

Est.:

Duplex

Built in 1997

-- sqft lot

$682,100 Zestimate^®

$264/sqft

$-- HOA

What's special

Spacious functional layoutsQuiet residential streetSpace for rv parking

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!

12 days

335

23

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Wall Unit(s), Electric

Cooling

None

Features

Flooring: Vinyl, Carpet
Has fireplace: No

Interior area

Total structure area: 2,598
Total interior livable area: 2,598 sqft

Property

Parking

Total spaces: 4
Parking features: Open
Covered spaces: 2
Uncovered spaces: 2

Lot

Size: 0.29 Acres

Details

Parcel number: 0319298027
Zoning description: Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Wood Products
Foundation: Poured Concrete
Roof: Composition

Condition

Very Good
Year built: 1997
Major remodel year: 2003

Utilities & green energy

Electric: Company: PSE
Sewer: Sewer Connected, Company: Pierce County
Water: Public, Company: Spanaway

Community & HOA

Community

Subdivision: Spanaway

Location

Region: Spanaway

Financial & listing details

Price per square foot: $264/sqft
Annual tax amount: $6,952
Date on market: 11/27/2025
Cumulative days on market: 14 days
Listing terms: Cash Out,Conventional,FHA,VA Loan

Estimated market value

$682,100

$648,000 - $716,000

$2,096/mo

Price history

Date	Event	Price
11/28/2025	Listed for sale	$685,000$264/sqft
Source: NWMLS #2457959 Report a problem
8/4/2011	Listing removed	$965
Source: RentNice.com Report a problem
7/21/2011	Listed for rent	$965
Source: RentNice.com Report a problem