17315 10th Ave S Spanaway, WA 98387
Estimated payment $4,179/month
Highlights
- No HOA
- Property is in very good condition
- Carpet
About This Home
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!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2457959
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,952
Year Built
- Built in 1997
Lot Details
- 0.29 Acre Lot
- Property is in very good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 2,598 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- 2 Covered Spaces
- Open Parking
Utilities
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- Spanaway Subdivision
Listing and Financial Details
- Assessor Parcel Number 0319298027
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,480 | $333,600 | $176,800 | $156,800 |
| 2024 | $3,480 | $317,800 | $164,200 | $153,600 |
| 2023 | $3,480 | $290,500 | $144,200 | $146,300 |
| 2022 | $3,360 | $299,900 | $144,200 | $155,700 |
| 2021 | $3,039 | $210,100 | $85,500 | $124,600 |
| 2019 | $2,186 | $188,600 | $70,800 | $117,800 |
| 2018 | $2,460 | $173,300 | $64,500 | $108,800 |
| 2017 | $2,200 | $153,300 | $56,600 | $96,700 |
| 2016 | $1,970 | $124,200 | $48,800 | $75,400 |
| 2014 | $512 | $112,800 | $44,600 | $68,200 |
| 2013 | $512 | $101,200 | $37,300 | $63,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2025 11/28/25 | For Sale | $685,000 | -- | $264 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $199,719 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $82,500 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,377 | FHA | |
| Previous Owner | $84,150 | VA |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2457959
APN: 800011-1300
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Based on information submitted to the MLS GRID
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