17315 10th Avenue S, Spanaway, WA 98387

Property Description

This listing courtesy of Mike Larson, COMPASS

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!

Listing Status:

Active

Listing Office:

COMPASS : 253-987-1778

Listing Agent:

Mike Larson : 253-987-1778

MLS ID:

2457959

Interior

• Flooring: VinylCarpet
• A/C: None
• Heating: Wall Unit(s)
• Fireplace: Fireplaces: 0

Exterior

• General: Wood Products
• Parking: Parking spaces: 4

Construction

• Roofing: Composition
• General: 52 - DuplexPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Bethel
• County: Pierce

Lot

• Zoning: 0319298027

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls

This listing courtesy of Mike Larson, COMPASS