James & Angie Smith

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Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2508506MLS Provider

162 & 164 171st Street ESpanaway, WA 98387

Multi-Family · 6 Beds · 2,576 Sq. ft. | 0.29 Acres
$725,000 Active

162 & 164 171st Street E Overview

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Vaulted ceilings with open kitchens - these 3 bedroom, 2 bathroom open concept duplex units were upgraded 2-3 years ago with new floors, paint and carpet. Open kitchens with eating bar and dining space. No stairs or steps with wide doors and hallways - may be wheelchair accessible - Buyer to verify. Septic approved for 4 bedrooms total. Fully fenced back yards for each unit with patios. Gas fireplace in each living room, washer/dryer in each unit. Tenants in each side currently. Great opportunity for Buyer to move into one side or keep as rentals.

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162 & 164 171st Street E Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,576
  • Price/Sq.ft. $281
  • Lot 0.29 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: Spanaway Lake High

Income/Expenses

  • Other Expense: 4752
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 55200
  • Insurance Expense: 1735
  • Net Operating Income: 39083
  • Total Expenses: 13357
  • Total Monthly Income: 55200
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 2005

Location/Region

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

Tax Information

  • Tax Annual Amount: $6,870.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 5025000990
  • Possible Use: Multi-Family
  • 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: 4
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2576
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2576
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Leasable Area: 3440
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Security Features: Fully Fenced
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: RV Parking
  • Parking Total: 10
  • Parking Uncovered Total: 8

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Curbs, Paved
  • Lot Size Acres: 0.2893
  • Lot Size Dimensions: Approx 92' by 142'
  • Lot Size Square Feet: 12600
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Fully, Gas Available, Patio, RV Parking
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Duplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Metal/Vinyl
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 2 Details

  • Actual Rent: 2265
  • Beds Total: 3
  • Baths Total: 2

Unit 1 Details

  • Actual Rent: 2335
  • Beds Total: 3
  • Baths Total: 2

162 & 164 171st 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.

162 & 164 171st 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.

162 & 164 171st 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

162 & 164 171st Street E History

Date Event Value Agent
4/16/2026Source: NWMLS Added to Database
April 16, 2026