$2,600,000
Est. $14,401/moPrice reduced $300,000 from the original $2,900,000 asking price
19608 8th Avenue E, Spanaway, WA 98387
• Listed May 15, 2026•159 days active · 159 cumulative
Listing Broker: Better Properties Real Estate; Rob Morrison; 253-381-7699; robsbetterproperties@gmail.com
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Listing Broker: Better Properties Real Estate; Rob Morrison; 253-381-7699; robsbetterproperties@gmail.com
About this home
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 2.9 M (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.
Listed by Rob Morrison • Better Properties Real Estate
Listing updated: October 12, 2026 at 11:10am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2522396
Around this home
How much should you offer?
19608 8th Avenue E, Spanaway, WA 98387
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Multi-Family
Schools
Ratings via SchoolDigger- Camas Prairie ElementaryPublic · Grades K-5 · 1.2 mi · State rank 486 of 1,1386/10
- Cedarcrest Middle SchoolPublic · Grades 6-8 · 0.5 mi · State rank 392 of 5142/10
- Challenger High SchoolPublic · Grades 7-12 · 1.0 mi · State rank 333 of 3962/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 4.53 acres
- Lot square feet
- 197,327 sq ft
- Lot dimensions
- Irregular
- Lot details
- Paved
Zoning & use
- Zoning code
- 1800-Other Residential
- Zoning description
- Multi-Family,Residential
- Zoning jurisdiction
- County
- Possible use
- Multi-Family, Residential
- Restrictions
- No Restrictions
- Easements
- See Seller's disclosure
Utilities
- Utilities
- Electricity Connected
- Electricity
- On Property
- Gas
- Not Available
- Water
- On Property
- Sewer
- In Street
Road & access
- Road surface
- Paved
- Road responsibility
- County
- Road information
- County Maintained,Paved
- Road on which side
- East and West
Surveys & reports
- Sketch submitted
- Yes
- Reports and documents completed
- See Remarks
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $6,202
- Tax year
- 2026
- Senior exemption
- No
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 19608 8th Avenue E
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 12, 2026Price reducedNWMLS via MLS Grid · #2522396$2,600,000
- May 15, 2026ListedNWMLS via MLS Grid · #2522396$2,900,000
- May 26, 2004Recorded salePierce County recorder · Statutory warranty deed$201,000
Mortgage payment forecast
$15,568 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Better Properties Real Estate; Rob Morrison; 253-381-7699; robsbetterproperties@gmail.com
Market pulse
Spanaway is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 64 days.
Recent sales nearby
Within 1 mile · last 6 months$355,000 Sold
1 day ago
3 bd•1 ba•~960 sq ft•Single Family
1211 196th Street E, Spanaway, WA 98387
2%
Over list
64
Days on market
0.3 mi
Distance
$593,901 Sold
1 day ago
4 bd•2.5 ba•~2,330 sq ft•Single Family
505 184th Street Ct E #53, Spanaway, WA 98387
2%
Over list
499
Days on market
0.8 mi
Distance
$624,460 Sold
1 day ago
4 bd•2.25 ba•~2,330 sq ft•Single Family
18439 7th Avenue Ct E #37, Spanaway, WA 98387
15%
Over list
336
Days on market
0.7 mi
Distance
$350,000 Sold
1 week ago
4 bd•2.25 ba•~1,954 sq ft•Single Family
1412 200th Street Ct E, Spanaway, WA 98387
13%
Over list
29
Days on market
0.6 mi
Distance
$480,000 Sold
1 week ago
4 bd•2.5 ba•~2,004 sq ft•Single Family
1121 183rd Street Ct E, Spanaway, WA 98387
0%
Over list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 4:59 AM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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