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$675,000

  • For Sale
  • Active
  • Multi-Family

Listed by Mike Larson | Compass | (253) 987-1778

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Enjoy steady cash flow, low maintenance, and a prime Spanaway location with this terrific investment opportunity just a short walk from Spanaway Lake and tucked away on a quiet residential street. Each unit has 1,299 sq ft with 3 bedrooms and 1.5 baths, with spacious, functional layouts. The fully fenced lot provides privacy and security, along with space for RV parking -- a sought-after amenity in this area and an added draw for tenants. A strong history of reliable, long-term tenants -- and a 5.1% cap rate that includes a conservative 3% vacancy rate -- is reflective of the property's steady performance and appealing returns. Located near parks, schools, shopping, JBLM, and outdoor recreation. Take a look while it's still available!

Full Property Details for 17315 10th Ave S

General

  • Price: $675,000
  • Taxes: $6,952 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2457959
  • Updated: 12/27/2025
  • Added to Site: 49 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Parking

  • Covered Spaces: 2
  • Uncovered Spaces: 2

Location

  • Area: 69 - Parkland
  • County: Pierce
  • Subdivision: Spanaway
  • Driving Directions: Spanaway Loop Rd, Left on 174th St S, Left on 120th Ave S to property on Right

School Information

  • High School District: Bethel
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Unit(s)

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,598
  • Year Built: 1997
  • Property Condition: Very Good

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.2934
  • Lot Size (Sq. Ft.): 12,780
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $6,952
  • Tax Year: 2025
  • Terms: Cash Out, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 319298027

Listed by Mike Larson | Compass | (253) 987-1778

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Schools serving 17315 10th Ave S

School District:Bethel School District
NameGradesDistance
Spanaway Elementary School
412 165th Street South, Spanaway, WA 98387
PK-50.6 mi
Spanaway Junior High School
15701 B Street East, Tacoma, WA 98445
6-81.3 mi
Spanaway Lake High School
1305 168th Street East, Spanaway, WA 98387
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 17315 10th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/27/2025
Price Reduced
$675,000
-1.46%
MLS
11/28/2025
Listed
$685,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Mike Larson | Compass | (253) 987-1778

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17315 10th Avenue S, Spanaway, WA 98387 (MLS# 2457959) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 17315 10th Avenue S is currently listed for $675,000 and was received on November 28, 2025. Want to learn more about 17315 10th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Spanaway? You can browse all Spanaway real estate or contact a Coldwell Banker agent to request more information.

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