$665000
-
Bed
-
Bath
-
2598 SqFt
-
82 DOM
-
Built: 1997
- Status: Active
Love this home?
Srinivas Kasam
CEO & Founder
(650)533-3259Enjoy 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!
Listing Provided Courtesy of Mike Larson, COMPASS
General Information
-
NWM2457959
-
Multi Family
-
82 DOM
-
-
0.29 acres
-
-
2598
-
1997
-
-
Pierce
-
-
Buyer To Verify
-
Buyer To Verify
-
Buyer To Verify
-
Residential Incom
-
Multi Family
-
Listing Provided Courtesy of Mike Larson, COMPASS
Kasamestates data last checked: Feb 24, 2026 03:10 | Listing last modified Feb 18, 2026 18:12,
Source:
Download our Mobile app
