1101 152nd Street S Spanaway, WA $ 575,000
1101 152nd Street S
$ 575,000
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1101 152nd Street S

Spanaway, WA, 98387
$ 575,000
Baths0.0 Sq 1,518

Monthly Estimate*

$ 3,540

Listed by Windermere Prof Partners
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Studio

Multi-Family Home for sale in Spanaway, WA

for $575,000. This 1,518 square foot home was built in 1979 on a lot size of 0.23.

Exceptional duplex opportunity across from Spanaway Lake and minutes from JBLM, set in a tranquil, park-like setting surrounded by mature trees and lush landscaping. Unit one is occupied by a long-term tenant, while unit two is fully updated and move-in ready. Each unit includes a spacious 2-car detached garage—ideal for extra income or added tenant value. Enjoy year-round comfort with high-efficiency Mitsubishi ductless mini-split systems for low utility costs. Thoughtfully designed for privacy, this property offers a rare blend of natural beauty, convenience, and investment potential. Perfect for owner-occupants or savvy investors seeking peaceful living close to the city. A true must-see!

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Multi-Family Active

Price

$ 575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,575

Style

Duplex

Lot Size

0.23

Year Built

1979

Town/City

Spanaway

County/Region

Pierce

MLS | Web ID

2465818

Features
General
Living Area 0
Sewer Septic Tank
Heating Ductless High Efficiency (Unspecified)
Cooling Ductless
Possession Closing
Roof Composition Flat
HOA Fee 0
Security Features Fully Fenced
Year Built 1979
View Territorial
Property Subtype Multi Family
Tax Year 2025
County Pierce
Net Operating Income 30191
Insurance Expense 1232.37
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Spanaway Lake
Possible Use Residential
Special Listing Conditions None
Status Active
Directions From i-5 heading north take 512 east merge on to S. steele st. and follow to Military rd and turn left. Next right on 13th then left on 152nd st s. duplex locate on left.
High School Spanaway Lake High
City Spanaway
Senior Community Y/N N
High School District Bethel
Zoning Description Residential
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 99 - Spanaway
Lot Size Units Square Feet
Lot Size Square Feet 10019
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Spanaway Elem
Tax Annual Amount 5575.28
Electric Expense 1060.77
Fuel Expense 0
Middle/Junior High School Spanaway Jnr High
Property Condition Very Good
Public Remarks Exceptional duplex opportunity across from Spanaway Lake and minutes from JBLM set in a tranquil park-like setting surrounded by mature trees and lush landscaping. Unit one is occupied by a long-term
Leasable Area 1518
Virtual Tour https://my.matterport.com/show/?m=cRJ9ip8YWPu&brand=0&mls=1&
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Parkland Water Co
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 1540.38
Property Style 52 - Duplex
Cap Rate 5.3
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Exterior
Exterior Amenities Brick Wood Wood Products
Parking Features RV Parking
Lot Features Open Space Paved Secluded
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 1518
Lot Size Acres 0.23
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Cabana/Gazebo Cable TV Fenced-Fully High Speed Internet Patio RV Parking
Parking Uncovered Spaces 4
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2465818
Street Number 1 1101
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* Excluded Features
List By
James A. Fisher

Listing Agent

Windermere Prof Partners

Broker

Affordability Calculator

$4,005
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$465
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3387824 Elementary School
258869 Middle School
Spanaway Lake High High School
Pricing History
DatePricePrice ChangeDescription
1/10/2026$575,000 Listed Price

Map


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1101 152nd Street S, Spanaway, WA, 98387 is a Multi-Family Home for sale at $575,000 with 1,518 sqft and a lot size of 0.23. 1101 152nd Street S is a studio with 0.0 baths and was built in 1979. The property's zip code is 98387 which is in Spanaway, WA