Price Reduction - Views - Fixer Upper
Listed By:
Keller Williams Realty PS and NWMLS
16921 Forest Canyon Road E, Lake Tapps, WA
$ 599,900
Property Attributes
  • ID#1982132
  • TypeMulti-Family
  • CountyPIERCE
  • CityLake Tapps
  • AreaLake Tapps-Bonne
  • NeighborhoodLake Tapps
  • Zip98391
  • StyleTri-plex
  • Year Built1994
  • Taxes$ 5063
  • Price$ 599,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2310
  • Lot Size0.91 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

OPPORTUNITY! Located a minute from Lake Tapps and sporting an incredible Mt Rainier view, this triplex is situated perfectly to attract reliable tenants. Exterior needs some TLC but each unit is very clean and offers 1 bed and 1 bath & separate W/D's. The bottom floor offers no stairs and has an updated interior. The middle unit has a huge full kitchen, wrap-around porch, large view deck, vaulted ceilings, steam shower, and could easily be turned into a 2 bedroom. The upper unit has newer flooring, a large bedroom, a full bath updated kitchen, & another view deck! This is the perfect house hack OR full investment property. 4 covered parking spots, multiple other areas to park, RV parking and boat parking galore! RARE opportunity!

Elementary School Middle School High School
Buyer To Verify Elementary School North Tapps Mid Out of District High School
Price History
8/12/2022 Listed $630,000
8/25/2022 3% - $615,000
9/23/2022 3% - $599,900

General Features

Building Area Units Square Feet
Carport Spaces 4
Carport Y/N No
City Lake Tapps
County Pierce
Directions S on WA-167 S, Exit on Stewart Rd to 8th St E/Pacific/Milton, L on 8th St E/Stewart Rd SW, follow Stewart Rd SW, Cont on Lake Tapps Pkwy, R on Lakeland Hills Way, L on Forest Canyon Rd E, Home on R
Electric Expense 1800
Elementary School Buyer To Verify
Exterior Features Wood Products
Finance Cash Out, Conventional
High School Out of District
High School District Dieringer
Insurance Expense 1800
Interior Features Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
Leasable Area 2310
Lot Size Square Feet 39640
MLS Area 109 - Lake Tapps/Bonne
Middle/Junior High School North Tapps Mid
Net Operating Income 46837
New Construction No
Open Parking Spaces 6
Possession Closing
Possible Use Multi-Family
Property Condition Fixer
Property Style 53 - Tri-plex
Property SubType Multi-Family
Property Type Residential Income
Roof Composition
Senior Community Y/N No
Sewer Septic Tank
Special Listing Conditions None
Standard Status Active
Status Active
Street Name Forest Canyon
Structure Type Triplex
Subdivision Name Lake Tapps
Tax Annual Amount 5063
Tax Year 2022
Total Units 3
Units Below Grade true
Units In Building Total 3
Utilities Septic System, Electricity Available
View Territorial
View Y/N Yes
Water Company unknown
Water Sewer Garbage 3300
Waterfront Y/N No
Year Built 1994
Zoning Class Multi-Family

Interior Features

Fireplace Y/N No
Flooring Ceramic Tile, Laminate, Carpet
Furnished Y/N Unfurnished
Living Area Units Square Feet
Power Production Type Electric
Street Suffix Road
Total Stories 3

Exterior Features

Building Area Total 2310
Covered Spaces 1
Foundation Details Poured Concrete
Irrigation Water Rights Y/N No
Lot Size Acres 0.91
Lot Size Units Square Feet
Open Parking Y/N Yes
Parking Features RV Parking
Parking Uncovered Spaces 6
Site Features Deck, Patio, RV Parking
Total Parking 10
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 98391

AVG $600K
AVG $4,355
AVG 38
Year Built
AVG 1980
AVG 37
Data Provided by Walkscore ® not using MLS data

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