Listing provided courtesy of Better Properties Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2522396MLS Provider

19608 8th Avenue ESpanaway, WA 98387

Vacant Land · 4.53 Acres
$2,900,000 Active

19608 8th Avenue E Overview

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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.

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19608 8th Avenue E Facts & Features

  • Type Vacant Land
  • Lot 4.53 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Bethel

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 99 - Spanaway
  • Subdivision Name: Spanaway

Tax Information

  • Tax Annual Amount: $6,202.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 0318041127
  • Possible Use: Multi-Family,Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 4.53
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 197327
  • Lot Size Units: Square Feet
  • Road Responsibility: County
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: On Property

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: Yes
  • Sewer: In Street
  • Utilities: Electricity Connected

19608 8th Avenue E Neighborhood

Community

98387 (Spanaway) Demographics

32
Median Age
1,784
Population Density (per sq. mile)
30%
College Educated
$80,272
Estimated Median Income
12,142
Estimated Total Home Owners
4,211
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

19608 8th Avenue E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

19608 8th Avenue E Market Data

Based on the last 30 days in this zip code

$545,944
Average List Price
$273
Average Price per Square Foot
52
Properties Sold
78
Average Days on Market
290
Properties for Sale
Calculations provided by Reliance Network

19608 8th Avenue E History

Date Event Value Agent
5/15/2026Source: NWMLS Added to Database
May 15, 2026