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  • Listed by: Better Properties Real Estate • Robert Morrison
    $2,900,000

    19608 8th Avenue E, Spanaway, WA 98387

    --beds
    --baths
    4.53Acres
    Unimproved Land
    Built in ----
    4.53 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare investment opportunity! Just over 4.5 acres of vacant land zoned high density residential in the fast-growing community of Spanaway. Preliminary design already done for 120-unit apartment complex with access off of both 6th Ave E and 8th Ave E. (See attached supplement) All utilities are already on site or in the street. Recently appraised for asking price. (See atached appraised value statment) Complete appraisal available with accepted offer. Second parcel address is listed as 19525 6th Ave E. Both parcels are adjoining and being sold together.
    76 days
    |
    45
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Morrison,

    Better Properties Real Estate,

    Mark Hulen,

    Better Properties Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2522396MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Lot
      • Size: 4.53 Acres
      • Features: Paved
      Details
      • Parcel number: 0318041127
      • Zoning: 1800-Other Residential
      • Zoning description: Multi-Family,Residential,Jurisdiction: County
      • Special conditions: Standard

      Utilities & green energy

      • Electric: On Property
      • Gas: Not Available
      • Sewer: In Street
      • Water: On Property
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Spanaway
      Location
      • Region: Spanaway

      Financial & listing details

      • Tax assessed value: $275,900
      • Annual tax amount: $6,202
      • Date on market: 5/15/2026
      • Cumulative days on market: 77 days
      • Listing terms: Conventional
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,754/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$2,900,000+1342.8%
        Source: NWMLS as distributed by MLS GRID #2522396 Report a problem
        6/1/2004Sold$201,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,978 -5.2%$275,900 -3%
        2023$3,143 +5.5%$284,300 +5.5%
        2022$2,978 +7%$269,600 +22.8%
        2021$2,784 +61%$219,500 +35.6%
        2019$1,729 -12%$161,900 +10.3%
        2018$1,966 +15.1%$146,800 +13.4%
        2017$1,708 -2.8%$129,500 +15.6%
        2016$1,758 $112,000 +4.1%
        2014$1,758 +23.8%$107,600 +15.9%
        2013$1,421 $92,800 +5%
        2012-- $88,400 -11.8%
        2011-- $100,200 -24.7%
        2009-- $133,000 -8.8%
        2008$1,707 $145,800 -2.9%
        2007$1,707 +57.7%$150,100 +20.4%
        2002$1,082 -0.9%$124,700 +83.1%
        2001$1,092 $68,100 -4.2%
        2000$1,092 $71,100
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98387

        Getting around

        30 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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