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.