James & Angie Smith

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Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2513459MLS Provider

1521 1523 151st Street Ct SSpanaway, WA 98387

Multi-Family · 4 Beds · 1,884 Sq. ft. | 0.45 Acres
$560,000 Active

1521 1523 151st Street Ct S Overview

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Live in one side and have your neighbor/renter pay part of your mortgage! Or buy a great rental! Duplex in Spanaway - each side 2 bedrooms, 1 bathroom, fireplace in living room, kitchen with dining space and laundry room. Large yards with fully fenced back yards. Single car garage and plenty of parking. Quiet cul-de sac near Spanaway Lake Park and JBLM. Exterior paint is new! Right side (1523) recently remodeled with new SS appliances, new LVP flooring and new carpet, new kitchen sink & faucet, new bathroom vanity and faucet. Owners have never lived in property. Washer plumbing and dryer plug exist and ready for your appliances. Left side (1521) currently with tenant in place on month to month lease.

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1521 1523 151st Street Ct S Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,884
  • Price/Sq.ft. $297
  • Lot 0.45 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: 43320
  • Insurance Expense: 1800
  • Net Operating Income: 32668
  • Total Expenses: 8486
  • Total Monthly Income: 3610
  • Water/Sewer/Garbage: 864

Building Information

  • New Construction: No
  • Year Built: 1978

Location/Region

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

Tax Information

  • Tax Annual Amount: $5,822.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA, See Remarks, VA Loan
  • Parcel Number: 3685300050
  • Possible Use: Residential
  • Property Condition: 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: 4
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 1884
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1884
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Foundation Details: Poured Concrete, Slab
  • Heating: Yes
  • Leasable Area: 2528
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Wood
  • Security Features: Fully Fenced
  • Stories Total: 1

Exterior

Parking Information

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

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Paved
  • Lot Size Acres: 0.4477
  • Lot Size Dimensions: Approx 150' by 130'
  • Lot Size Square Feet: 19500
  • Lot Size Units: Square Feet
  • Site Features: Deck, Fenced-Fully, Patio
  • 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: Wood, Wood Products
  • Number Of Units Total: 2
  • Sewer: Septic Tank

Unit Information

Unit 2 Details

  • Actual Rent: 1550
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 2060
  • Beds Total: 2
  • Baths Total: 1

1521 1523 151st Street Ct 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.

1521 1523 151st Street Ct 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.

1521 1523 151st Street Ct 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

1521 1523 151st Street Ct S History

Date Event Value Agent
6/29/2026Source: NWMLS Price Reduction
$560,000 -2.6%
4/25/2026Source: NWMLS Added to Database
April 25, 2026