Property Details
14909 10th Ave Ct S
Spanaway, WA 98387
$684,950
Pending Inspection
Schedule a Showing
Select your date preference
Request More Info
1 / 28
Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending Inspection
County
Pierce
Neighborhood
Spanaway Lake
Listed
Jun 5, 2026
Structure Type
Duplex
Parcel Number
0319205020
Tax & HOA
Annual Property Tax
$6,544 (2026)
Est. Monthly Tax
$545/mo
Financial Summary
Cap Rate
5.80%
Net Operating Income
$40,295
Gross Scheduled Income
$52,872
Gross Rent Multiplier
12.95
Total Expenses
$9,906
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
2,200
Leasable Area
2,200 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
37,462 sqft
Year Built
1987
Exterior & Lot
Lot Size
0.86 sqft
Year Built
1987
Garage
2 spaces
Exterior Materials
Metal/Vinyl
Sewer
Septic Tank
Water Source
Public
Lot Features
Dead End Street, Open Space, Paved, Secluded
Exterior Features
Metal/Vinyl
Community & Access
Directions
From Pacific Ave (Highway 7) turn West on Military Road to 10th Ave Ct. S (on south side of Military Road). 1st duplex on left.
Location
City
Spanaway
County
Pierce
Coordinates
47.12197, -122.44881
Additional Information
Tax Year
2026
Annual Taxes
$6,544
Possession
Array
Based on information submitted to the MLS GRID as of June 13, 2026 11:45 PM. 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.
IDX information 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. Copyright 2026 NWMLS. All rights reserved.
IDX information 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. Copyright 2026 NWMLS. All rights reserved.
