James & Angie Smith

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Listing provided courtesy of Park 52, Inc.NWMLSas Distributed by MLSGrid- MLS# NWM2497427MLS Provider

1722 153rd Street SSpanaway, WA 98387

Multi-Family · 4 Beds · 2,006 Sq. ft. | 0.55 Acres
$649,000 Pending

1722 153rd Street S Overview

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Don’t miss this fantastic duplex ideally located just minutes from shopping, Spanaway Park, I-5, Hwy 512, and JBLM. Whether you're an investor or looking for an owner-occupied opportunity, this property checks all the boxes. One unit is occupied by a reliable long-term tenant, providing immediate rental income, while the second unit has been fully updated and is move-in ready—perfect for maximizing rent or living on-site. Each unit features, 2 spacious bedrooms and 2 bathrooms, living room with a cozy fireplace, a well-equipped kitchen with all appliances and a convenient breakfast bar. Enjoy outdoor living with a large, fully fenced yard—ideal for relaxing, entertaining, or pets. A 1-car garage for each unit adds convenience and value. With strong rental history and a prime location, this is an excellent opportunity to invest or live while generating income.

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1722 153rd Street S Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,006
  • Price/Sq.ft. $324
  • Lot 0.55 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Bethel

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 47460
  • Insurance Expense: 1500
  • Net Operating Income: 38151
  • Total Expenses: 8359
  • Total Monthly Income: 3955
  • Water/Sewer/Garbage: 780

Building Information

  • New Construction: No
  • Year Built: 1979

Location/Region

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

Tax Information

  • Tax Annual Amount: $6,079.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 0319207002
  • 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: 2

Beds/Baths

  • Bedrooms Possible: 2
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2006
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2006
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Hardwood
  • Foundation Details: Poured Concrete, Slab
  • Heating: Yes
  • Leasable Area: 2006
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 6
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Dead End Street, Paved
  • Lot Size Acres: 0.5511
  • Lot Size Square Feet: 24004
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Methods: Standard Frame
  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood Products
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 2 Details

  • Actual Rent: 1760
  • Beds Total: 2
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 2045
  • Beds Total: 2
  • Baths Total: 2

1722 153rd Street S 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.

1722 153rd Street S 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.

1722 153rd Street S 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

1722 153rd Street S History

Date Event Value Agent
6/22/2026Source: NWMLS Status Change
Pending
5/29/2026Source: NWMLS Status Change
Pending Inspection
4/21/2026Source: NWMLS Price Reduction
$649,000 -1.7%
3/27/2026Source: NWMLS Added to Database
March 27, 2026