Spanaway Multifamily & Apartment Buildings

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Spanaway Multifamily & Duplexes

Duplexes, rental properties and multifamily opportunities. Browse the latest listings and explore related searches.

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Investing in Spanaway Duplexes, Triplexes and Fourplexes

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SPANAWAY WA MULTI FAMILY PROPERTIES

$615,000

2589205 MLS ⋅ ACTIVE Status

Established Duplex for Sale! This income-producing property offers a great investment opportunity with functional layouts and strong rental potential. Each unit features 2 bedrooms, 2 bathrooms, approximately 1,000 sq. ft. of living space, and an attached garage. A solid cash-flowing asset with comfortable, well-designed units that appeal to a variety of tenants.

17216 17218 5th Avenue E, Spanaway

Listing Broker: eXp Realty; Mike Severeid; 253-632-6241; mikesevereid@gmail.com

$609,950

2578184 MLS ⋅ ACTIVE Status

This single story duplex is absolutely turn key. Nothing needed. It is ready for tenants or an owner occupied scenario. Unit #1 was remodeled in 2026 and offers 2 nice sized bedrooms & 1.75 baths. Numerous kitchen & bath upgrades, plus waterproof vinyl plank flooring. Freshly painted, new blinds, light fixtures, baseboard trim & smoke detectors. The unit has a cozy fireplace. It also comes with matching appliances including washer & dryer & AC unit. Unit #2 was remodeled in 2022. It offers 2 bedrooms and 2 full baths. The new kitchen has cherry cabinetry, granite slab counters & stainless appliances. All new paint, laminate hardwood floors throughout, new doors, light fixtures, baseboard trim, cove molding. the baths have granite counters, tiled floors * shower/tub surrounds. There is a cozy fireplace. Blinds, window dressings & smoke detectors are new. The unit comes with matching washer/dryer & AC unit. Exterior is Hardi-plank, brick & T1-11 with new paint in 2025. Windows are vinyl & a new roof was installed in 2018. Each unit has it's own private deck. There is a single garage for each side with an insulated door & new openers. Lastly there is a matching outdoor utility shed. Located on a large .40 acre parcel of land. All this on a quiet cul de sac in a convenient area. Close to amenities, schools & an easy commute to JBLM. Don't miss out on a must see!

19611 - 19613 9th Avenue Ct E, Spanaway

Listing Broker: Yelm Windermere; Lida Cozzetti; 360-789-1562; lidacoz@hotmail.com

$695,000

2577838 MLS ⋅ SOLD Status

Spanaway duplex offering two 3-bedroom, 2-bath units with 2,802 total rentable sq ft. Each unit is approximately 1,401 sq ft and includes a fireplace, range/oven, refrigerator and dishwasher. Property features a composition roof, wood product exterior and a mix of laminate hardwood and wall-to-wall carpet. Four garage parking spaces plus two uncovered spaces provide ample parking. Situated on a 10,650 sq ft lot with paved street access, public water and septic. Both units are currently vacant, offering flexibility for an owner occupant or investor. Conveniently located near Pacific Ave with access to surrounding Spanaway amenities.

416 170th Street S, Spanaway

Listing Broker: Keller Williams West Sound; Cassidy Hudkins; 360-979-0831; chudkins@kw.com Selling Office: Engel & Voelkers Seattle DT.

$1,099,000

2574588 MLS ⋅ ACTIVE Status

Unique Spanaway Lake property, .767 acres, 100 sq ft of lakefront. 2 homes. 915 - lakefront 1,216 sq ft, 3 bedrooms, bath and a half, one story, gas insert, newer wall heaters, newer floors and windows, renovated bath, Upgraded sunporch, 1,200 sq ft shop, 400 sq ft toolshed. 917 - 1,236 sq ft, 2 bedrooms, bath and 3/4, story and a half, newer floors and windows. Tankless hotwater and insta hot. All appliances stay with sale of home. All buildings have newer roofs and gutters. Newer vapor barriers beneath both homes. 3 covered parking spots with many added driveway spots. Heritage apple and cherry trees on the lot. Garden area. Close to JBLM - enjoy the Blue Angels performance from the deck. Fireworks display over the water on the 4th of July. Swim, fish, waterski, jet ski, or canoe, count bird varieties. RV parking. New Dock. Each home has its own Detached Garage with plenty of storage.

915 to 917 173rd Street S, Spanaway

Listing Broker: Northwest Home Sales; Carolyn Mowatt; 253-318-1720; carolynmowatt@gmail.com

$763,000

2555891 MLS ⋅ SOLD Status

Well maintained duplex on large corner lot. Built in 2007. Spacious 3 Bedroom, 2.5 bath units with 2 car garages. Recent updates of flooring in both units. Large fenced back yard & patios. Unit 247 left vacant for easy showing and potential owner-occupied buyer. Interior inspection of unit 249 after mutual acceptance. Located close to Spanaway Lake, Park, Golf, shopping & JBLM.

247 249 S 161st Street, Spanaway

Listing Broker: Crescent Realty powered by KW; Brad Huggler; 253-691-3367; bradhuggler@crescentrealty.com Selling Office: Skyline Properties, Inc..

$3,400,000

2553466 MLS ⋅ PENDING FEASIBILITY Status

This stunning lakefront property is unlike anything you’ve ever seen! Sited on 700 feet of waterfront and 9.31 acres, this special property is the perfect combination of lakefront luxury and income generating rentals. The hallmark of the property is the lakefront lodge. At more than 4,200 square feet, clad in stone, stucco, slate, and copper, this beautiful home features a main level primary suite, an expansive kitchen, a two-story great room, and an attached ADU/MIL above the three-car garage. Open the three sets of French doors in the great room for a seamless indoor-outdoor flow onto the covered outdoor patio. Enjoy beautiful lake views from nearly every room, especially the elevated ADU which offers two private external entrances and interior access from the main residence. The South-facing shoreline features a picturesque Mount Rainier view. The dock easily accommodates a float plane or large vessel, with an extra motorized float perfect for cruising the lake with friends. Now, the rentals. This single-parcel property includes 7 rental units: two 1-bed duplexes, a 2-bed duplex, and an additional single-family home. These additional residences have all received consistent updates throughout the years and benefits from long-term tenants who would love to stay. Photos of the SFR and one of the duplex units are included in this listing. Gross annual income exceeds $100,000 per year and a rent roll is available upon request. This one-of-a-kind property is as rare as it comes.

1000 Creso Road S, Spanaway

Listing Broker: COMPASS; Greg Garner; 253-279-8000; greg.garner@compass.com

$900,000

2539840 MLS ⋅ SOLD Status

Looking for a great investment? This super 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. Each unit has a patio or deck and small storage unit. 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. Ask your Realtor to see the supplements page attached to listing!

122 169th Street E, Spanaway

Listing Broker: John L. Scott, Inc; Shane Lewandowski; 253-617-5921; shanel@johnlscott.com Selling Office: FirstPoint Real Estate LLC.

$684,950

2535981 MLS ⋅ SOLD Status

Rare Spanaway Lake-area duplex offering the best of both worlds: a home with room to live and an investment with income potential. Set on nearly an acre, each side offers 2 bedrooms and 2 bathrooms, giving an owner-occupant the space and livability to treat this like a home, not just a rental property. Live in one side while renting the other to help offset housing costs, build equity and create long-term investment value. The property has a residential feel that is hard to find in a duplex, with a fully fenced front yard and large fully fenced backyard, outdoor living space with both patio and deck areas, plus two large separate sheds for storage, hobbies, tools or tenant use. There is room for pets, gardening, summer barbecues, extra parking and everyday outdoor living without feeling boxed in. The greenbelt backdrop gives the yard a more private, tucked-away feel. Newer roof and newer vinyl siding add meaningful exterior updates and help strengthen the long-term ownership picture. Located close to Spanaway Lake Park, Spanaway Lake Golf Course and Sprinker Recreation Center, this property offers access to trails, recreation, golf, sports courts and community amenities. Whether you are an investor, a first-time house hacker or an owner-occupant looking to reduce your monthly housing burden, this is a rare opportunity to own a duplex with room to live, income potential and long-term flexibility.

14909 10th Ave Ct S, Spanaway

Listing Broker: Better Homes and Gardens RE PC; Kyle Milton; ; Selling Office: Windermere Abode.

$545,000

2513459 MLS ⋅ SOLD Status

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.

1521 1523 151st Street Ct S, Spanaway

Listing Broker: eXp Realty; DJ Reed; 253-709-2214; DJ.Reed@eXpRealty.com Selling Office: Terrafin.

$714,950

2512342 MLS ⋅ SOLD Status

Exceptional duplex opportunity offering instant income with secure, long-term tenants already in place. Well cared for by long time owners, each spacious unit features 3 bedrooms, 2.5 bathrooms, and approximately 1,391 sqft with an open concept floor plan, higher end finishes, and excellent curb appeal. Interiors offer warm wood cabinetry, durable flooring, spacious kitchens, large living areas, and private fenced backyards ideal for tenants. This property is built for convenience and strong rental appeal with a two car garage plus abundant additional uncovered parking for tenants and guests. Long-term tenants provide immediate cash flow and added peace of mind for investors seeking stability. Conveniently located near Spanaway Lake, parks, shopping, dining, and within the Bethel School District, with easy access to Joint Base Lewis-McChord, Mountain Highway, and major commuter routes. A turnkey investment with strong tenant history, attractive finishes, and a prime location. This is one you won’t want to miss. ***Great opportunity to purchase both duplexes together! See additional duplex next door listed on the MLS #2512341.

116 & 118 173rd Street E, Spanaway

Listing Broker: John L. Scott, Inc.; Dean C Pierce; ; Selling Office: Parkside Realty, LLC.

$705,000

2512341 MLS ⋅ SOLD Status

122 & 124 173rd Street E, Spanaway

Listing Broker: John L. Scott, Inc.; Dean C Pierce; ; Selling Office: Parkside Realty, LLC.

$720,000

2508506 MLS ⋅ SOLD Status

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.

162 & 164 171st Street E, Spanaway

Listing Broker: eXp Realty; DJ Reed; 253-709-2214; DJ.Reed@eXpRealty.com Selling Office: Real Broker LLC.

$649,000

2497427 MLS ⋅ SOLD Status

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.

1722 153rd Street S, Spanaway

Listing Broker: Park 52, Inc.; Carrie Lee Jakeman-Swafford; ; Selling Office: Best Choice Realty LLC.

$575,000

2465818 MLS ⋅ SOLD Status

Exceptional duplex opportunity across from Spanaway Lake and minutes from JBLM, set in a tranquil, park-like setting surrounded by mature trees and lush landscaping. Unit one is occupied by a long-term tenant, while unit two is fully updated and move-in ready. Each unit includes a spacious 2-car detached garage—ideal for extra income or added tenant value. Enjoy year-round comfort with high-efficiency Mitsubishi ductless mini-split systems for low utility costs. Thoughtfully designed for privacy, this property offers a rare blend of natural beauty, convenience, and investment potential. Perfect for owner-occupants or savvy investors seeking peaceful living close to the city. A true must-see!

1101 152nd Street S, Spanaway

Listing Broker: Windermere Prof Partners; James A. Fisher; ; Selling Office: Best Choice Realty LLC.

$615,000

2463720 MLS ⋅ SOLD Status

404 - 402 166th Street S, Spanaway

Listing Broker: Gateway Real Estate; Joseph Layer; ; Selling Office: Gateway Real Estate.

$713,000

2451815 MLS ⋅ SOLD Status

Don't miss this very well maintained triplex with a Brand New Roof! These townhouse style units are very desirable with updated kitchens and great living space! Two very generous sized bedrooms upstairs and full bath. Tenants love the covered front porch, private back porch and fully fenced back yard. There is an abundance of parking too! The financials are running strong at a 6.78% CAP and plenty of room for 7%+ with market rents. Don't miss the 3D Scan of each unit!

22416 40th Avenue E, Spanaway

Listing Broker: Redfin; Andrew Kramer; ; Selling Office: Berkshire Hathaway HS NW.

$659,000

2438757 MLS ⋅ SOLD Status

Beautifully remodeled, single story duplex on a large 26,136 sg ft lot. Sitting on a quiet dead end street surrounded by well maintained homes. (may be subdividable, buyer must verify) Both units have beautiful brick FP. S.S. appliances, quartz counters, New waterproof laminate flooring. 2 spacious bedrooms with 1.25 baths. Vaulted ceilings and a open concept. It's the perfect set up for owner occupied with the neighbor paying the mortgage. New windows and new custom beveled and shake/shingle siding. Fresh paint and new fencing. Detached work shop. Room to build a large mancave garage. Both units offer private, large backyards. This is quality workmanship and close to everything. Must see!

16518 16th Avenue Ct E, Spanaway

Listing Broker: Keller Williams Rty Tacoma; Tom Byrne; ; Selling Office: RE/MAX Integrity.

$575,000

2404380 MLS ⋅ SOLD Status

Well-maintained, single-story duplex. Each unit offers two bedrooms, one bath, 940 sq ft, a fenced yard, and a garage. Situated on a flat 326-acre lot, both units are nicely updated. Photos show unit 111. 113 has similar updates. W/D utility area off the kitchen. New roof in 2019, new gutters & downspouts in 2021. Unit 111 is now vacant for easy showings or immediate move-in. Freshly painted, too! Unit 111 has an additional 1-car garage/shop in the back with alley access. This duplex offers an excellent investment opportunity or is perfect for an owner-occupant seeking additional rental income. Tenants pay all utilities. Conveniently located on a quiet street close to schools, shopping, and amenities.

111 113 175th Street S, Spanaway

Listing Broker: Best Choice Realty LLC; Teri Camus; ; Selling Office: John L. Scott Lacey.

$570,000

2402599 MLS ⋅ SOLD Status

Welcome to this incredible investment opportunity, house hack, live in half rent out the other. 1026 sq ft of livable space on each side consisting of 2 bedrooms 1.5 bath plus an attached 350 sq ft 1 car garage. Both units are identical floor plans. Spacious living room with nice sized kitchen and dining room with sliding door leading to the back patio. Half bath downstairs and 2 large bedrooms and full bath upstairs. 1528 has new floor covering throughout, 1526 new carpet on main level and stairs. Huge .52 acre lot with fruit trees and garden space. Just blocks from Spanaway Lake with easy access to freeways shopping and JBLM.

1526 1528 151st Street Ct S, Spanaway

Listing Broker: Terrafin; Patty Gratz; ; Selling Office: Keller Williams Rlty Bellevue.

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