Listed by FirstPoint Real Estate LLC
$684,950
PENDING

4305 224th St E Unit 4307 Spanaway, WA 98387

Estimated payment $4,301/month

Total Views 1,213
4 Beds
4 Baths
2,280 Sq Ft
$300 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet
  • Forced Air Cooling System
  • Wood Siding

About This Home

Great private duplex available for a willing investor. Owner is selling the duplex plus the lot next door to the North which is a good buildable lot (Buyer to verify) with an Easement from the main street. Both units are in decent condition. Both currently rented Month to Month at $1300/side. Tenants pay all utilities. All offers must be subject to inspection.

Listing Agent

Denny Woyak

FirstPoint Real Estate LLC License #1900 Listed on: 05/01/2025

FirstPoint Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2368259

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,816

Year Built

  • Built in 1986

Lot Details

  • 0.57 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 1 Parking Space
  • 1 Covered Space

Utilities

  • Forced Air Cooling System
  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bethel Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0318123007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,816

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 1986
  • MLS Status: Pending
  • Prev Status: Pending
  • New Construction: No
  • CalculatedSquareFootage: 2280
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 54

Interior Features

  • Possible Use: Residential
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • SewerCompany: Septic
  • WaterCompany: Washington Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bethel

Lot Info

  • Parcel Number: 0318123007
  • Lot Size Acres: 0.5672
  • Lot Size Sq Ft: 24706
  • Zoning Description: Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 21.9
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 22884
  • Number Of Units Total: 2
  • Insurance Expense: 2500
  • Leasable Area: 2280
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5816

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $6,041 $540,100 $183,500 $356,600
2023 $6,041 $518,000 $180,700 $337,300
2022 $5,790 $504,900 $180,700 $324,200
2021 $5,007 $353,700 $92,700 $261,000
2019 $3,508 $295,500 $81,500 $214,000
2018 $3,848 $283,200 $81,500 $201,700
2017 $3,429 $242,800 $68,200 $174,600
2016 $3,294 $198,200 $71,500 $126,700
2014 $2,844 $192,700 $71,500 $121,200
2013 $2,844 $173,600 $61,700 $111,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $684,950 -- $300 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $150,000 --
Interfamily Deed Transfer -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $177,000 Unknown
Previous Owner $127,500 Purchase Money Mortgage
Previous Owner $121,600 Purchase Money Mortgage
Previous Owner $109,000 Seller Take Back
Source: Public Records

Similar Homes in Spanaway, WA

  • 236 170th St S, Spanaway, WA 98387

    $650,000

    • 4 Beds
    • 6 Baths
    • 2,880 Sq Ft
    • 236 170th St S
    • Spanaway, WA

    Hard to find duplex ready to move in and lease the other side for additional income. Duplex has been painted on the exterior, Unit 234 is painted on the interior with new carpet and stove/range. Unit 236 just had tenants move out, interior painted and carpet scheduled for install to match unit 234. Each unit has 2 bedrooms, 2.5 baths, plus an office along with a 1 car garage and off-street

    Brian Solinsky Keller Williams Realty PS

    Section Image
  • 416 -418 170th St S, Spanaway, WA 98387

    $709,950

    • 6 Beds
    • 4 Baths
    • 2,760 Sq Ft
    • 416 -418 170th St S
    • Spanaway, WA

    Welcome to 416-418 170th St. S! This exceptional duplex presents a rare opportunity for both investors and homeowners looking for a property with income potential. Each unit offers a spacious layout featuring three bedrooms, two bathrooms, and approximately 1,380 square feet of living space/unit. Each unit comes with its own private garage, providing secure parking and additional storage options.

    Anthony Venturi Vision Accomplished, LLC

    Section Image

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2368259

Northwest Multiple Listing Service (NWMLS)

APN: 031812-3007