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162 164 171st St E, Spanaway, WA 98387

$720,000

Last sold 08/31/2026 after 137 Days

—
bed
—
bath
2,576
Sqft ($280/Sqft)

House not for sale

Listing Broker: eXp Realty; DJ Reed

About 162 164 171st St E

Property type House

Neighborhood

Year built 2005

HOA fee $0/month

Lot size 0.29 Acre

Movoto estimate

Parking 2 garage spaces

Property description

Vaulted ceilings with open kitchens - these 3 bedroom, 2 bathroom open concept duplex units were upgraded 2-3 years ago with new floors, paint and carpet. Open kitchens with eating bar and dining space. No stairs or steps with wide doors and hallways - may be wheelchair accessible - Buyer to verify. Septic approved for 4 bedrooms total. Fully fenced back yards for each unit with patios. Gas fireplace in each living room, washer/dryer in each unit. Tenants in each side currently. Great opportunity for Buyer to move into one side or keep as rentals.

Listed by

Listing Agent - DJ Reed

Listing Office - eXp Realty

Source: NWMLS

MLS#2508506 • last updated 2 months ago

Movoto checked NWMLS for data 17 minutes ago

Overview
Cooling/AC	None
Heating	Forced Air
Levels/Style	Duplex
MLS #	2508506
SubType	Multi Family
Type	Residential Income
SqFt	2576
Status	Sold
Lot Size (SqFt)	12600
Lot Size (Acres)	0.2893
Property Tax	6870
Buying Office	Real Broker LLC
Year Built	2005
Buying Office Phone	855-450-0442

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
Construction	Metal/Vinyl
# Covered Spaces	2
Parking Desc	RV Parking
# Parking Spaces	10
# Garage Spaces	2
# Uncovered Spaces	8
Exterior Features	Metal/Vinyl

Amenities / Utilities
Sewer/ Septic	Septic Tank, Septic
Water	Public
Water Company	Spanaway Water
Power Company	Tacoma Public Utilities
Power Production: Type	Electric, Natural Gas
Security Features	Fully Fenced

Location
County	Pierce
Subdivision	Lake Park
Area	99 - Spanaway
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Bethel
High School	Spanaway Lake High
APN	5025000990
Zoning	Multi-Family

Multifamily Details
Net Operating Income	39083
Capitalization Rate	5.39
Expense: Insurance	1735
Gross Scheduled Income	55200
Expense: Other	4752
Gross Adjusted Income	52440
Total Expenses	13357
Gross Rent Multiplier	13.13
Nwm_Totalmonthlyincome	55200
Vacancy Rate	5

Lot/ Land Details
Site Features	Fenced-Fully, Gas Available, Patio, RV Parking

$731K

Range: $658K-$804K

Last 30 days

Rental est.: $1,484/month

• Gross rent multiplier: 40.4

Lower your payment with the loan terms that fit you.

Aug 2026
MLS # 2508506
Aug 31, 2026 Sold
$720,000 (-0.7%)
Jul 20, 2026 Pending
—
Apr 16, 2026 Listed
$725,000 (+91.3%)
Apr 2018
MLS # 1242502
Apr 6, 2018 Sold
$379,000
Feb 14, 2018 Listed
$379,000 (+5.3%)
Oct 2015
MLS # 861308
Oct 19, 2015 Listed
$360,000

162 164 171st St E
$720K
99 - Spanaway
—
98387
$489K -4% y/y
Spanaway
$489K -5% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
17022 B St E, Spanaway, WA 98387	$461,100	3/1	1,578	0.03
136 171st St E, Spanaway, WA 98387	$396,900	3/1	1,504	0.04
135 171st St E, Spanaway, WA 98387	$334,000	2/1	856	0.04
17116 B St E, Spanaway, WA 98387	$183,900	—/—	—	0.04
17021 B St E, Spanaway, WA 98387	$486,000	3/2	1,684	0.05
135 173rd St E, Spanaway, WA 98387	$433,200	4/1	1,000	0.05
128 171st St E, Spanaway, WA 98387	$384,400	4/1	1,152	0.05
17121 B St E, Spanaway, WA 98387	$379,700	2/1	910	0.05

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