247 249 S 161st Street, Spanaway, WA 98387

$795,000
3,346
SqFt

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Listing courtesy of Crescent Realty powered by KW.

List Price
$795,000
Status
PENDING INSPECTION
MLS#
2555891
Days on Market
9
Style
52 - Duplex
Finished SqFt
3,346
Area Total SqFt
3346
Annual Tax Ammount
8049
Lot Size (sq ft)
10,650
Sewer
Septic Tank

Property Description

Well maintained duplex on large corner lot. Built in 2007. Spacious 3 Bedroom, 2.5 bath units with 2 car garages. Recent updates of flooring in both units. Large fenced back yard & patios. Unit 247 left vacant for easy showing and potential owner-occupied buyer. Interior inspection of unit 249 after mutual acceptance. Located close to Spanaway Lake, Park, Golf, shopping & JBLM.

Additional Information

List Date
2026-07-17 14:10:12
Community
Spanaway
Net Operating Income
$56,181
Gross Scheduled Income
$65,880
Total Monthly Income
$5,490
Insurance Expenses
$1,350
Gross Rent Multiplier
12
Total Expenses
$9,699
Cap Rate
7
Total Number of Units
2
Unit Name
247 249
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
2007
Roof
Composition
Site Features
Fenced-Fully, Patio
Electric Expenses
300
Energy Source
Electric
School District
Bethel
Elementary School
Spanaway Elem
High School
Spanaway Lake High
Total Monthly Income
$5,490
Gross Scheduled Income
$65,880
Tax Year
2025
Insurance Expense
$1,350
Total Expenses
$9,699
Net Operating Income
$56,181
Gross Rent Multiplier
12
Cap Rate
7
Based on information submitted to the MLS GRID as of . 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.
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