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+12067698882
RE/MAX All City
17216 17218 5th Avenue E, Spanaway, WA 98387
- $615,000
- 1,998
- SqFt
Listing Broker: eXp Realty; Mike Severeid; 253-632-6241; mikesevereid@gmail.com
- List Price
- $615,000
- Status
- ACTIVE
- MLS#
- 2589205
- Days on Market
- 0
- Style
- 52 - Duplex
- Finished SqFt
- 1,998
- Area Total SqFt
- 1998
- Annual Tax Ammount
- 5638
- Lot Size (sq ft)
- 13,460
- Sewer
- Septic Tank
Property Description
Established Duplex for Sale! This income-producing property offers a great investment opportunity with functional layouts and strong rental potential. Each unit features 2 bedrooms, 2 bathrooms, approximately 1,000 sq. ft. of living space, and an attached garage. A solid cash-flowing asset with comfortable, well-designed units that appeal to a variety of tenants.
Additional Information
- List Date
- 2026-10-07 00:25:14
- Community
- Spanaway
- Net Operating Income
- $38,162
- Gross Adjusted Income
- $46,200
- Gross Scheduled Income
- $46,200
- Total Monthly Income
- $3,850
- Insurance Expenses
- $1,900
- Gross Rent Multiplier
- 12.98
- Total Expenses
- $8,038
- Cap Rate
- 6.36
- Total Number of Units
- 2
- Unit Name
- 17216 17218
- Potential Terms
- Cash, Conventional, VA Loan
- Year Built
- 1981
- Roof
- Composition
- Other Expenses
- 500
- Energy Source
- Electric
- School District
- Bethel
- Elementary School
- Evergreen Elem
- Middle School
- Cedarcrest Jnr High
- High School
- Spanaway Lake High
- Total Monthly Income
- $3,850
- Gross Scheduled Income
- $46,200
- Gross Adjusted Income
- $46,200
- Tax Year
- 2026
- Insurance Expense
- $1,900
- Total Expenses
- $8,038
- Net Operating Income
- $38,162
- Gross Rent Multiplier
- 12.98
- Cap Rate
- 6.36
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.