Spanaway Homes with 42 - Multi-Family Style

Welcome to Spanaway, Washington – a hidden gem nestled in the heart of Pierce County. This charming community offers a unique blend of suburban tranquility and vibrant outdoor living, making it an ideal place for families, professionals, and everyone in between. With its picturesque landscapes and welcoming atmosphere, Spanaway invites you to explore its diverse neighborhoods, local parks, and friendly community spirit.

Spanaway is renowned for its stunning natural beauty, with the iconic Mount Rainier serving as a breathtaking backdrop. The area boasts numerous parks, including Spanaway Lake Park, where residents can enjoy picnicking, fishing, and hiking along scenic trails. The nearby Joint Base Lewis-McChord also contributes to the community’s dynamic, bringing a sense of camaraderie and support.

For those looking to invest in multi-family homes, Spanaway presents an exciting opportunity. The housing market here features a variety of multi-family style homes that cater to different lifestyles and budgets. From cozy duplexes to spacious apartment complexes, these properties not only provide comfortable living spaces but also the potential for rental income. The demand for multi-family homes is on the rise, making Spanaway an attractive option for investors and families alike.

With easy access to major highways, shopping centers, and schools, Spanaway is perfectly positioned for both convenience and leisure. Whether you’re seeking a place to call home or an investment opportunity, Spanaway’s multi-family homes offer a perfect blend of comfort, community, and potential. Come discover the charm of Spanaway – where every neighbor feels like family!

Newest Spanaway Homes with 42 - Multi-Family Style

$1,600,000

2559936 MLS ⋅ ACTIVE Status

Pleased to present 19010 B Street East, Spanaway, Washington, a 2.19-acre infill development site zoned Urban Corridor (UCOR) within Pierce County jurisdiction. The UCOR designation provides flexible development opportunities, including attached single-family homes, townhomes, and multifamily residential development. The property is supported by a massing study demonstrating the potential for approximately 72 to 84 multifamily units. In addition, significant due diligence work has already been completed, including land survey, tree, biological, environmental, geotechnical (soils), and traffic studies. The site also benefits from a Pierce County 8-inch PVC sewer main stubbed to the property, providing critical utility infrastructure to support future development. Further enhancing the site, Pierce County’s CRP 5111 roadway improvement project (B Street East – 176th to 192nd Street East) is scheduled for construction in 2027 and will deliver new curb, gutter, sidewalk, and ADA-compliant ramps along the frontage and surrounding street network, significantly improving access, connectivity, and long-term development readiness. With much of the preliminary planning and entitlement groundwork already in place, this opportunity significantly reduces the time and risk associated with the entitlement process while accelerating the path toward project approval and construction in one of Pierce County’s fastest-growing submarkets.

19010 B Street, Spanaway

Listing courtesy of Kidder Mathews.

$2,900,000

2522396 MLS ⋅ ACTIVE Status

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.

19608 8th Avenue E, Spanaway

Listing courtesy of Better Properties Real Estate.

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