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Sold on 03/20/2023

3621 217th St E, Spanaway, WA 98387

  • $688,803

    Last sold 03/20/2023 for $666K

  • —

    bed

  • —

    bath

  • 2,900

    Sqft ($230/Sqft)

House not for sale
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About 3621 217th St E

Property type House
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 0.55 Acre
Movoto estimate
Property description
You won't want to miss out on this incredible opportunity to own 1 or all 3 of these 4plexes conveniently located near Bethel High School. Each unit has 2 bed 1 ba and either a fenced backyard or upper deck. These units typically have a waiting list of people wanting to rent and lots of opportunity to increase rents and add additional income streams. Currently there is a coin op laundry on the property that is shared with all 3. 3711 217th ST E and 3623 217th ST E additional properties also available.
Listed by
Listing Agent - Samantha Eastman
Listing Office - Keller Williams Realty
Source: NWMLS mls logo
MLS#2030174 • last updated 1 year ago
Movoto checked NWMLS for data 12 minutes ago
Overview
Levels/Style Quadruplex
MLS # 2030174
SubType Multi-Family
Type Residential Income
SqFt 2900
Status Sold
Lot Size (SqFt) 24023
Lot Size (Acres) 0.5515
Property Tax 6628
Year Built 1966
Buying Office Phone 206-522-3400
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Poured Concrete
Roof Composition
# Open Parking Spaces 6
# Parking Spaces 6
# Uncovered Spaces 6
Amenities / Utilities
Sewer/ Septic Septic Tank, Septic
Water Shared Well
Water Company Shared Well
Power Company Tacoma Public Utilities
Power Production: Type Electric
Security Features PartiallyFenced
Location
View Mountain(s)
County Pierce
Subdivision Spanaway
Area 99 - Spanaway
High School District Bethel
APN 031811-4-064
Directions Use GPS
Zoning Residential
Multifamily Details
Net Operating Income 35621
Capitalization Rate 3.93
Expense: Insurance 1224
Expense: Electricity 820
Gross Scheduled Income 45900
Gross Adjusted Income 41895
Total Expenses 10093
Gross Rent Multiplier 18.8
Nwm_Totalmonthlyincome 3775
Vacancy Rate 5
Lot/ Land Details
Site Features Deck, Fenced-Fully, Patio
$688K
Range: $619K-$757K
Last 30 days 
Rental est.: $1,194/month
Gross rent multiplier: 57.9
Powered By Movoto
  • Mar 2023
    mls logo MLS # 2030174
  • Mar 20, 2023 Sold
    $666,666 (-19.7%)
  • Feb 13, 2023 Pending
    —
  • Jan 25, 2023 Listed
    $830,000
  • 3621 217th St E
    $666K
  • 99 - Spanaway
    —
  • 98387
    $525K 0% y/y
  • Spanaway
    $525K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
Shining Mountain Elementary School
public Grades K-5
Bethel School District
5/10
Bethel Junior High School
public Grades 6-8
Bethel School District
6/10
Bethel High School
public Grades 9-12
Bethel School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 99 - Spanaway

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  • WA
  • Pierce County
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  • 3621 217th St E
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