22416 40th Ave E Spanaway, WA 98387
Estimated payment $4,348/month
Highlights
- Territorial View
- Baseboard Heating
- Property is Fully Fenced
- No HOA
- High Speed Internet
- Wood Siding
About This Home
Don't miss this very well maintained triplex with a Brand New Roof! These townhouse style units are very desirable with updated kitchens and great living space! Two very generous sized bedrooms upstairs and full bath. Tenants love the covered front porch, private back porch and fully fenced back yard. There is an abundance of parking too! The financials are running strong at a 6.78% CAP and plenty of room for 7%+ with market rents. Don't miss the 3D Scan of each unit!
Listing Agent
Andrew Kramer
Redfin License #123030 Listed on: 11/14/2025
Co-Listing Agent
Joe Vego
Redfin License #130599
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2451815
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,901
Year Built
- Built in 1982
Lot Details
- 0.45 Acre Lot
- Property is Fully Fenced
Home Design
- Triplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 3,420 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- 8 Parking Spaces
- Open Parking
Utilities
- Baseboard Heating
- Septic Tank
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Spanaway Subdivision
Listing and Financial Details
- Assessor Parcel Number 0318136006
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 | $6,730 | $566,800 | $179,200 | $387,600 |
| 2024 | $6,730 | $567,000 | $172,100 | $394,900 |
| 2023 | $6,730 | $541,300 | $167,900 | $373,400 |
| 2022 | $6,499 | $539,600 | $179,200 | $360,400 |
| 2021 | $6,036 | $407,700 | $113,700 | $294,000 |
| 2019 | $4,157 | $358,900 | $96,500 | $262,400 |
| 2018 | $4,695 | $314,300 | $79,300 | $235,000 |
| 2017 | $4,148 | $281,800 | $62,000 | $219,800 |
| 2016 | $3,782 | $215,600 | $55,700 | $159,900 |
| 2014 | $3,480 | $208,600 | $51,100 | $157,500 |
| 2013 | $3,480 | $201,100 | $46,600 | $154,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2026 01/31/26 | Pending | -- | -- | -- |
| 01/08/2026 01/08/26 | For Sale | $725,000 | 0.0% | $212 / Sq Ft |
| 01/05/2026 01/05/26 | Pending | -- | -- | -- |
| 12/04/2025 12/04/25 | Price Changed | $725,000 | -6.5% | $212 / Sq Ft |
| 11/14/2025 11/14/25 | For Sale | $775,000 | -- | $227 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2451815
APN: 031813-6006
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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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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