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Spanaway, WA, 98387 • 98387 • Pierce County
$254/sqft
3,744Sqft
0.29 acLot
1981Built
Spanaway
98387
Outdoor Living
Wall to Wall Carpet
Demand and pricing signals for this listing
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People checking out this listing
1012 days on market
Established listing
$254/sqft
Price per square foot
Multi Family · Built 1981
Welcome to this incredible investment opportunity, this 4-plex is in a very convenient location just under 10 minutes you can get to JBLM, 512, I-5 and shopping centers all around. 4-plex offers a great amount of features and upgrades, all 4 units are just under 1,000sqft 2bed/1.5baths that have been renovated, large lot, new appliances, W/D hookup for lower units upstairs units have a coin-op laundry that stays, each unit has its own fully fenced back yard, exterior just repainted. All the hard work has been completed to provide a mostly maintenance free, income producing property. Bringing in $6,550 monthly with a cap rate just under 6.5%. you just can’t go wrong with this one. Please do not disturb tenants.
Standout features identified
Our analysis highlights coin-op laundry and new appliances as key attractions of this home.
Based on current rates
Est. 6.12% rate · 30yr fixed · $760,000 loan
Full calculator →Key facts and listing details
7 categories of property features
Market data and value estimates
3 schools rated nearby
Spanaway, WA, 98387
24 events
15 years of records
Local context around this listing
Spanaway, WA • Pierce County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 17:48:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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