$10,000 Closing Credit¹
#2361957, Mary Cope, Listing Office: Terrafin
#2287714·
Listing office: John L. Scott, Inc.·
Listing agent: Cooper Carlson·
Listing office phone: 253-841-7000
$3,200,000 List price
116 173rd St S Spanaway, WA 98387
12,692 sqft
0.7 acres
$252 / sqft
House
Property details
About 116 173rd St S
Impeccably Maintained 13-Unit Complex Offering Strong Returns & Immediate Cash Flow Opportunities. Benefit from fresh exterior paint, new decking & updated septic risers. Recent updates for all units include electrical panels & water tanks. Several units have been upgraded with modern finishes: cabinets, countertops, appliances, trim & flooring. Additional features include, coin-operated laundry facility, 13 individual garage spaces, 5 storage units, rare & valuable amenities. Long-term tenants ensure steady cash flow, with units turning over quickly when they become available. Conveniently located to schools, shopping, JBLM & outdoor recreation, this is a prime opportunity to invest in a well-maintained property with long-term potential.
Highlights
HeatingBaseboard
StatusActive
Size12,692 sqft
Lot size0.7465 Acres
Year built1968
MLS #2287714
ViewMountain(s)
Summary
- Flooring Type: Vinyl, Carpet
- Interior: Wall to Wall Carpet
- View: Mountain(s)
- Exterior: Wood, Wood Products
- Heating: Baseboard
- Cooling: None
- List Price: $3,200,000
- Price/SqFt: $252
- HOA Amount: $0
- Annual Tax Amount: $23,023
- Tax Year: 2024
- Lot: Paved
- Directions: From Hwy 512 head South on Pacific Ave(Hwy7), Left of 173rd to complex on the right.
- Year Built: 1968
- Stories: 2
- Living Area: 12,692 SqFt
- Lot Size: 0.7465 Acres
- MLS Number: 2287714
- MLS Name: NWMLS
- Office Name: John L. Scott, Inc.
- Office Phone: (253) 841-7000
- Listing Agent: Cooper Carlson
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
DMCA Notice
Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 2:17:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$3,200,000
116 173rd St S
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,803,600 | $23,023 |
| 2023 | $1,803,600 | $22,454 |
| 2022 | $1,454,100 | $20,642 |
| 2021 | $1,264,500 | $19,342 |
| 2020 | $1,264,500 | $18,182 |
| 2018 | $1,008,400 | $13,729 |
| 2017 | $876,800 | $15,047 |
History based on county public records data.
Nearby schools
7
Camas Prairie Elementary School
Public District KG-5
0.4 mi
•320 176th St E
6
Spanaway Elementary School
Public District PK-5
0.5 mi
•412 165th St S
4
Thompson Elementary School
Public District PK-5
0.9 mi
•303 159th St E
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,734. Most Spanaway, WA residents have annual incomes less than $<35k. Most families are single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
37%
35k-100k
17%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
44%
Single, No Kids
19%
Single, with Kids
19%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
Basketball
Where do the neighbors shop?
Burlington
Stein Mart
Ross Dress For Less
Where do the neighbors go to eat?
Popeyes
LongHorn Steakhouse
Jasons Deli
What do the neighbors drive?
Dodge
Buick
Acura
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$4,394 Closing Credit¹
#2346745, Sofia Epps, Listing Office: eXp Realty
Tour
$10,000 Closing Credit¹
#2365988, Carolyn Mowatt, Listing Office: Northwest Home Sales
$1,983 Closing Credit¹
#2365880, Brian Solinsky, Listing Office: Keller Williams Realty PS
$8,314 Closing Credit¹
#2323838, VonKarl Inman, Listing Office: eXp Realty
$7,540 Closing Credit¹
#2370074, VonKarl Inman, Listing Office: eXp Realty
$8,431 Closing Credit¹
#2333350, Anthony L Venturi, Listing Office: Vision Accomplished, LLC
$1,425 Closing Credit¹
#2349064, Debra Lowry, Listing Office: Orchard Brokerage, LLC
$2,185 Closing Credit¹
#2362429, Cheri Wilkins, Listing Office: eXp Realty
$2,374 Closing Credit¹
#2366071, Chris J Barrett, Listing Office: Engel & Voelkers Chambers Bay
Frequently asked questions
About 116 173rd St S
The listing price of 116 173rd St S property is $3,200,000.
The property 116 173rd St S is a house located in Spanaway, Washington, 98387.
Active Listing: 116 173rd St S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 116 173rd St S are: Camas Prairie Elementary School (GreatSchools Rating 7/10), Spanaway Elementary School (GreatSchools Rating 6/10), Thompson Elementary School (GreatSchools Rating 4/10), Spanaway Middle School (GreatSchools Rating 6/10), Cedarcrest Middle School (GreatSchools Rating 3/10), Keithley Middle School (GreatSchools Rating 2/10), Bethel Virtual Academy (GreatSchools Rating 3/10), Challenger High School (GreatSchools Rating 2/10), Acceleration Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $23,023 (source: MLS/based on county public records data).
The property at 116 173rd St S has 0 bathroom.
The property 116 173rd St S is 12,692 SqFt (source: MLS/tax record).
The year of construction for 116 173rd St S is 1968.
This home is located at 116 173rd St S in Spanaway, WA and zip code 98387 in the Lake Park neighborhood. This 12,692 square foot home, which was built in 1968, sits on a 0.75 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since September 7, 2024 and is currently priced at $3,200,000.
In April 2025 more than 42 listings in Spanaway, WA were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 9 were sold below. The number of homes for sale in Spanaway, WA increased by 12.8% between March and April 2025. In April 2025, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $489,777.
From Rocket Homes Real Estate and based on county public records data.