Spanaway Homes with 42 - Multi-Family Style

Welcome to Spanaway, Washington—a hidden gem nestled in the heart of Pierce County. Known for its welcoming community and stunning natural landscapes, Spanaway offers a unique blend of suburban charm and outdoor adventure. With its proximity to the breathtaking Mount Rainier National Park and the serene waters of Spanaway Lake, residents enjoy a lifestyle that embraces both tranquility and recreation.

Spanaway is perfect for those seeking a multi-family living experience. The area features a variety of multi-family homes that cater to diverse lifestyles, whether you’re looking for a cozy duplex or a spacious fourplex. These homes are designed to foster community while providing the privacy and comfort you desire. With an array of amenities nearby, including parks, schools, and shopping centers, multi-family living in Spanaway is not just about a place to live; it’s about creating a vibrant lifestyle.

The real estate market in Spanaway is thriving, with opportunities for both investors and families. Multi-family homes here are not only an excellent investment but also provide the perfect setting for families looking to settle down in a friendly neighborhood. Imagine enjoying weekend barbecues in your backyard, taking evening strolls around the lake, or gathering with neighbors for community events.

Spanaway’s blend of natural beauty, community spirit, and diverse housing options makes it an ideal place to call home. Whether you're looking to invest or settle into a multi-family dwelling, Spanaway has something for everyone. Come explore the possibilities in this captivating corner of Washington!

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.

$1,800,000

2537950 MLS ⋅ ACTIVE Status

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.

1713 208th Street E, Spanaway

Listing courtesy of Northmarq Multifamily, LLC.

$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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