Listed by Taylor Wyman, Northmarq Multifamily, LLC
- Land
- Type
- 105,415 sq ft
- Lot
- 123
- Days on market
About this property
2.4-acre development site in high-growth South Pierce County, zoned Urban Corridor (UC). UC permits high-density multifamily up to 60 units/acre. Buyer can pursue a substantial multifamily or townhome program subject to site fit, height, and parking. Located within 0.5 mile of the new Spanaway Transit Center, the site may qualify for reduced or exempt parking under transit-oriented standards (buyer to verify). Dual access from 208th St E and 16th Ave E offers strong site-planning flexibility. Walkable to Fred Meyer and daily retail; minutes from SR-7 and Amazon's 1.1M SF Spanaway fulfillment campus. Sewer extension underway on 208th St E with expected completion this Fall. A rare high-density land play in a supply-constrained submarket with expanding employment and proven rental demand.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Spanaway area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2537950
- Listed
- June 10, 2026
- Days on market
- 123
- Original list price
- $1,800,000
Parking
- Parking
- Garage
Construction
- Style
- 42 - Multi-Family
- Structure
- None
Lot
- Lot features
- Paved
- Lot size
- 105,415 sq ft
Terms
- Terms offered
- Conventional
Utilities
- Utilities
- Electricity ConnectedNatural Gas Available
- Water
- Available
- Sewer
- In Street
Schools
- District
- Bethel
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Garage
- None
- Paved
- Conventional
- Electricity Connected
- Natural Gas Available
- Available
- In Street
Listing history
Listed
$1,800,000
June 10, 2026
Current price
$1,500,000
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$8,735
- Principal & interest
- $7,585
- Property tax (est.)
- $1,150
Assumes $300,000 down (20%), a $1,200,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$1,872,000
20710 3rd Avenue E
Spanaway, WA
$1,050,000
2222 215th Street E
Spanaway, WA
$1,249,000
2315 262nd Street Ct E
Spanaway, WA
$1,249,000
2315 262nd Street Ct E
Spanaway, WA
$1,099,000
915 to 917 173rd Street S
Spanaway, WA
$1,099,000
915 to 917 173rd Street S
Spanaway, WA
Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM PDT. 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.