James & Angie Smith

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Listing provided courtesy of John L. Scott, IncNWMLSas Distributed by MLSGrid- MLS# NWM2539840MLS Provider

122 169th Street ESpanaway, WA 98387

Multi-Family · 8 Beds · 3,220 Sq. ft. | 0.40 Acres
$999,950 Active

122 169th Street E Overview

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Looking for a great investment? This clean 4 plex is just what you've been waiting for. Each unit has 2 bedrooms and 1 bath, good size living area and dining area. All units are in great shape and the roof is only a few months old! All remodeled inside and out several years ago, but they are still looking like new. Quartz countertops, stainless appliances and white cabinets. Laundry room on each floor, lot's of parking, huge lot, partial fenced. Close to schools, shopping, restaurants, bus, Spanaway Lake and JBLM. Great location! If your looking to build your portfolio, come take a look.

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122 169th Street E Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,220
  • Price/Sq.ft. $311
  • Lot 0.40 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

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

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 2940
  • Net Operating Income: 0
  • Total Expenses: 14457
  • Total Monthly Income: 5900
  • Water/Sewer/Garbage: 2280

Building Information

  • New Construction: No
  • Year Built: 1977

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 99 - Spanaway
  • Subdivision Name: Spanaway Lake

Community/Development

  • Amenities: See Remarks

Tax Information

  • Tax Annual Amount: $9,237.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 50225000771
  • Possible Use: Multi-Family,Residential
  • Property Condition: Very Good
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3220
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3220
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 3220
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 10
  • Parking Uncovered Total: 10

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.4017
  • Lot Size Square Feet: 17500
  • Lot Size Units: Square Feet
  • Site Features: Deck, Fenced-Partially, Patio
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete, Wood Products
  • Number Of Units Total: 4
  • Sewer: Septic Tank

Unit Information

Unit 3 Details

  • Actual Rent: 1400
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1500
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1500
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1500
  • Beds Total: 2
  • Baths Total: 1

122 169th Street E Neighborhood

Community

98387 (Spanaway) Demographics

32
Median Age
1,784
Population Density (per sq. mile)
30%
College Educated
$80,272
Estimated Median Income
12,142
Estimated Total Home Owners
4,211
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

122 169th Street E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

122 169th Street E Market Data

Based on the last 30 days in this zip code

$545,944
Average List Price
$273
Average Price per Square Foot
52
Properties Sold
78
Average Days on Market
290
Properties for Sale
Calculations provided by Reliance Network

122 169th Street E History

Date Event Value Agent
6/13/2026Source: NWMLS Added to Database
June 13, 2026