116 173rd Street S

Spanaway, WA 98387

  • Bed

  • Bath

  • 12692 SqFt

  • 189 DOM

  • Built: 1968

  • Status: Active

$3,200,000

X

116 173rd Street S

Spanaway 98387

$3200000

  • Bed

  • Bath

  • 12692 SqFt

  • 189 DOM

  • Built: 1968

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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.

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Residence Information

  • 12692

  • Composition

  • 56 - 10+ Units

  • 1968

  • Poured Concrete

  • Coin Op Laundry, Stor

Features and Utilities

  • Wall to Wall Carpet

  • Wood, Wood Products

  • Public

  • Septic Tank

  • 0

Financial

  • 23023

  • Cash Out, Conventional

  • 09-06-2024

Comparable Information

  • 189

  • 189

  • Cash Out, Conventional

  • $3,200,000

  • $3,200,000

  • Mar 14, 2025 22:20

Schools

Elementary : Thompson Elem N/A Ratings
Middle : Spanaway Jnr Hi N/A Ratings
High : Spanaway Lake H N/A Ratings

Map

Listing courtesy of John L. Scott, Inc..

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2025 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Jul 16, 2025 07:49 | Listing last modified Mar 14, 2025 22:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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