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$713,000

  • Sold
  • Closed
  • Multi-Family

Listed by Andrew Kramer | Redfin | (253) 201-3130 and Joe Vego | Redfin | (253) 201-3130
Sold by Brenda Courtade | Berkshire Hathaway HS NW

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See This Home
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Don't miss this very well maintained triplex with a Brand New Roof! These townhouse style units are very desirable with updated kitchens and great living space! Two very generous sized bedrooms upstairs and full bath. Tenants love the covered front porch, private back porch and fully fenced back yard. There is an abundance of parking too! The financials are running strong at a 6.78% CAP and plenty of room for 7%+ with market rents. Don't miss the 3D Scan of each unit!

Full Property Details for 22416 40th Ave E

General

  • Sold For: $713,000
  • Taxes: $6,901 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2451815
  • Added to Site: 140 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Cable TV, Fenced-Fully, High Speed Internet
  • Security/Safety: Fully Fenced

Parking

  • Uncovered Spaces: 8

Location

  • Area: 122 - Graham
  • County: Pierce
  • Subdivision: Spanaway
  • Driving Directions: GPS friendly

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: Baseboard

Utilities

  • Sewer: Septic Tank
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 3,420
  • Year Built: 1982

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.45
  • Lot Size (Sq. Ft.): 19,600
  • Lot Size Source: Realist- Buyer to Verify
  • Lot Features: Paved
  • Zoning: Multi-Family

Financial Considerations

  • Tax Amount: $6,901
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 318136006

Listed by Andrew Kramer | Redfin | (253) 201-3130 and Joe Vego | Redfin | (253) 201-3130
Sold by Brenda Courtade | Berkshire Hathaway HS NW

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 22416 40th Ave E

School District:Bethel School District
NameGradesDistance
Centennial Elementary School, Graham, WA
24353 Mathias Road East, Graham, WA 98338
K-51.6 mi
Bethel Junior High School
22201 38th Avenue East, Spanaway, WA 98387
6-80.2 mi
Bethel High School
22215 38th Avenue East, Spanaway, WA 98387
9-120.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 22416 40th Ave E

Date
Details
Price
Change
Source
3/04/2026
Sold
$713,000
-1.66%
MLS
12/04/2025
Price Reduced
$725,000
-6.45%
MLS
11/14/2025
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Andrew Kramer | Redfin | (253) 201-3130 and Joe Vego | Redfin | (253) 201-3130
Sold by Brenda Courtade | Berkshire Hathaway HS NW

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22416 40th Avenue E, Spanaway, WA 98387 (MLS# 2451815) is a Multi-Family property that was sold at $713,000 on March 04, 2026. Want to learn more about 22416 40th Avenue E? 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.