17216 17218 5th Avenue E Spanaway, WA $ 615,000
17216 17218 5th Avenue E
$ 615,000
Recently Listed
Share Save

17216 17218 5th Avenue E

Spanaway, WA, 98387
$ 615,000
Bedrooms4 Baths4.0 Sq 1,998

Monthly Estimate*

$ 4,248

Listed by eXp Realty
17216 17218 5th Avenue E, Spanaway, WA 98387 - Image 1
17216 17218 5th Avenue E, Spanaway, WA 98387 - Image 2
17216 17218 5th Avenue E, Spanaway, WA 98387 - Image 3
17216 17218 5th Avenue E, Spanaway, WA 98387 - Image 4
17216 17218 5th Avenue E, Spanaway, WA 98387 - Image 5
17216 17218 5th Avenue E, Spanaway, WA 98387 - Image 6

Multi-Family Home for sale in Spanaway, WA

for $615,000 with 4 bedrooms and 4 full baths. This 1,998 square foot home was built in 1981 on a lot size of 0.309.

Established Duplex for Sale! This income-producing property offers a great investment opportunity with functional layouts and strong rental potential. Each unit features 2 bedrooms, 2 bathrooms, approximately 1,000 sq. ft. of living space, and an attached garage. A solid cash-flowing asset with comfortable, well-designed units that appeal to a variety of tenants.

See more

Multi-Family Active

Price

$ 615,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,638

Style

Duplex

Lot Size

0.309

Year Built

1981

Town/City

Spanaway

County/Region

Pierce

MLS | Web ID

2589205

Features
General
Living Area 0
Sewer Septic Tank
Heating Baseboard Wall Furnace
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 2
Year Built 1981
Property Subtype Multi Family
Tax Year 2026
Building Name Brent Addition
County Pierce
Net Operating Income 38162
Insurance Expense 1900
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Spanaway
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions South on Pacific Ave to 174th go left follow to 5th Ave E go Right to 176th home on Left side at the end on 5th & 176th.
High School Spanaway Lake High
City Spanaway
Senior Community Y/N N
High School District Bethel
Zoning Description Multi-Family
Number Of Units Total 2
MLS Area 99 - Spanaway
Lot Size Units Square Feet
Lot Size Square Feet 13460
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional VA Loan
Elementary School Evergreen Elem
Tax Annual Amount 5638
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Cedarcrest Jnr High
Public Remarks Established Duplex for Sale! This income-producing property offers a great investment opportunity with functional layouts and strong rental potential. Each unit features 2 bedrooms 2 bathrooms approx
Leasable Area 1999
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company Spanaway
Units Below Grade false
Units In Building Total 2
Water Sewer Garbage 0
Property Style 52 - Duplex
Cap Rate 6.36
See more
Exterior
Exterior Amenities Wood Wood Products
Lot Features Paved
Water Source Public
Total Parking 10
Building Area Total 1998
Lot Size Acres 0.309
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Parking Uncovered Total 8
Lot Number 6
See more
Interior
Flooring Laminate Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
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
See more
Internal Only
OriginalMLSID NWM2589205
Street Number 1 17216
See more
* Excluded Features
List By
Mike Severeid

Listing Agent

Exp Realty

Broker

mikesevereid@gmail.com

Email

Affordability Calculator

$4,717
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$470
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
257384 Elementary School
257116 Middle School
Spanaway Lake High High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$615,000 Listed Price

Map


See all

17216 17218 5th Avenue E, Spanaway, WA, 98387 is a Multi-Family Home for sale at $615,000 with 1,998 sqft and a lot size of 0.309. 17216 17218 5th Avenue E has 4 bedrooms, 4.0 baths, and was built in 1981. The property's zip code is 98387 which is in Spanaway, WA