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Exterior
Other
View/Area
Bedroom
Kitchen
Bath
Living
Dining

122 169th St E, Spanaway, WA 98387

$900,000

Last sold 10/02/2026 after 111 Days

—
bed
—
bath
3,220
Sqft ($280/Sqft)

House not for sale

About 122 169th St E

Property type House

Neighborhood

Year built 1977

HOA fee $0/month

Lot size 0.4 Acre

Movoto estimate

Property description

Looking for a great investment? This super clean 4 plex is just what you've been waiting for. Each unit has 2 bedrooms and 1 bath, good size living area and dining area. All units are in great shape and the roof is only a few months old! All remodeled inside and out several years ago, but they are still looking like new. Quartz countertops, stainless appliances and white cabinets. Each unit has a patio or deck and small storage unit. Laundry room on each floor, lot's of parking, huge lot, partial fenced. Close to schools, shopping, restaurants, bus, Spanaway Lake and JBLM. Great location! If your looking to build your portfolio, come take a look. Ask your Realtor to see the supplements page attached to listing!

Listed by

Listing Agent - Shane Lewandowski

Listing Office - John L. Scott, Inc

Source: NWMLS

MLS#2539840 • last updated 1 week ago

Movoto checked NWMLS for data 8 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard
Levels/Style	Quadruplex
MLS #	2539840
Virtual Tour	N/A
SubType	Multi Family
Type	Residential Income
SqFt	3220
Status	Sold
Lot Size (SqFt)	17500
Lot Size (Acres)	0.4017
Property Tax	9237
Buying Office	FirstPoint Real Estate LLC
Year Built	1977
Buying Office Phone	253-299-2088
Condition	Very Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Parking Spaces	10
# Uncovered Spaces	10

Amenities / Utilities
Sewer/ Septic	Septic Tank, Pierce County
Water	Public
Water Company	Spnaway Water
Power Company	PSE
Power Production: Type	Electric
Security Features	Partially Fenced
HOA Amenities	See Remarks

Location
View	Territorial
County	Pierce
Subdivision	Spanaway Lake
Area	99 - Spanaway
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Bethel
High School	Buyer To Verify
APN	50225000771
Directions	GPS Works Great!

Multifamily Details
Expense: Insurance	2940
Total Expenses	17829
Nwm_Totalmonthlyincome	6050

Lot/ Land Details
Site Features	Deck, Fenced-Partially, Patio

$911K

Range: $820K-$1M

Last 30 days

Rental est.: $1,574/month

• Gross rent multiplier: 47.7

Lower your payment with the loan terms that fit you.

Oct 2026
MLS # 2539840
Oct 2, 2026 Sold
$900,000 (-7.7%)
Aug 31, 2026 Pending
—
Aug 4, 2026 Price Change
$975,000 (-2.5%)
Jun 13, 2026 Listed
$999,950

Year Property taxes Tax assessment
2025
$9,166 +1.5%

$782,200 +3.64%
2024
$9,029 +3.7%

$754,700 +1.97%
2023
$8,708 +3.9%

$740,100 +17.98%
2022
$8,379 +14.4%

$627,300 +24.07%
2021
$7,324 +49.2%

$505,600 +25.55%
2019
$4,907

$402,700

122 169th St E
$900K
99 - Spanaway
—
98387
$499K -4% y/y
Spanaway
$499K -4% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
120 169th St E, Spanaway, WA 98387	$513,000	4/—	1,908	0.02
136 169th St E, Spanaway, WA 98387	$311,000	2/1	720	0.02
133 169th St E, Spanaway, WA 98387	$437,000	3/—	1,328	0.04
127 169th St E, Spanaway, WA 98387	$423,000	3/—	1,301	0.04
123 169th St E, Spanaway, WA 98387	$396,000	3/—	1,000	0.04
137 169th St E, Spanaway, WA 98387	$407,000	3/1	1,080	0.04
137 170th St E, Spanaway, WA 98387	$332,000	1/1	576	0.04
16916 B St E, Spanaway, WA 98387	$333,000	2/1	546	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.