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.
Property Details
Property Features
Property Information:
Year Built: 1968
Stories: 2
Living Area: 12,692 SqFt
Listing Office:
Office Name: John L. Scott, Inc.
Office Phone: (253) 268-3500
Listing Agent: Cooper Carlson
Interior Features
Interior Information:
Flooring Type: Vinyl, Carpet
Interior: Wall to Wall Carpet
Exterior Features
Exterior Information:
View: Mountain(s)
Exterior: Wood, Wood Products
Lot Features
Lot Information:
Lot: Paved
Lot Size: 0.75 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Other
Directions Information:
Directions: From Hwy 512 head South on Pacific Ave(Hwy7), Left of 173rd to complex on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
Price Per SqFt: $252/SqFt
Tax Information:
Annual Amount: $19,342
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Spanaway, WA.
This property is $2.7M more than the Median Sold Price and $27/SqFt less than other homes in Spanaway, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2287714
Listing Office:
Office Name: John L. Scott, Inc.
Office Phone: (253) 268-3500
Listing Agent: Cooper Carlson
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 11:17:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$19,342
$1,264,500
2020
$18,182
$1,264,500
2018
$13,729
$1,008,400
2017
$15,048
$876,800
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Camas Prairie Elementary School
320 176th St E
Distance between this listing and this school0.37 miles
Public District Grades KG-5
6
/10
Spanaway Elementary School
412 165th St S
Distance between this listing and this school0.55 miles
Public District Grades PK-5
4
/10
Thompson Elementary School
303 159th St E
Distance between this listing and this school0.94 miles
Public District Grades PK-5
Nearby Schools
6
/10
Spanaway Middle School
15701 B St E
Distance between this listing and this school1.10 miles
Public District Grades 6-8
3
/10
Cedarcrest Middle School
191201 13th Avenue Crt E
Distance between this listing and this school1.41 miles
Public District Grades 6-8
2
/10
Keithley Middle School
12324 12th Ave S
Distance between this listing and this school3.22 miles
Public District Grades 6-8
Nearby Schools
2
/10
Challenger High School
18020 B St E
Distance between this listing and this school0.55 miles
Public District Grades 9-12
1
/10
Acceleration Academy
16218 Pacific Ave S
Distance between this listing and this school0.63 miles
Public District Grades 9-12
4
/10
Spanaway Lake High School
1305 168th St E
Distance between this listing and this school1.04 miles
The neighbors living near this home have an average income of $44,734. Typical income of Spanaway, WA residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 116 173rd St S
What is the listing price of this property?
The listing price of 116 173rd St S property is $3,200,000.
What type of property is this?
The property 116 173rd St S is a house located in Spanaway, Washington, 98387.
Is this property for sale now?
Active Listing: 116 173rd St S is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $19,342 (source: MLS/based on county public records data).
What is the square footage of this property?
The property 116 173rd St S is 12,692 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 116 173rd St S is 1968.
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This home is located at 116 173rd St S in Spanaway, WA and zip code 98387 in the Lake Park neighborhood. This 12,692 square foot home, which was built in 1968, sits on a 0.75 acre lot. It has been listed on Rocket Homes since September 07, 2024 and is currently priced at $3,200,000.
Over 28 listings were sold over their listed price in November 2024 in Spanaway, WA. In the same period over 8 listings were sold below the listed price and 13 listings were sold for the listed price. Between October 2024 and November 2024, Spanaway, WA real estate market has seen decrease in the number of listings by 14.7%. In November 2024 median list price was $492,250 and the average listing age was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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