19608 8th Avenue E, Spanaway, WA 98387 | MLS #NWM2522396 | Coldwell Banker Evergreen Olympic Realty, Inc.

Listing provided courtesy of Better Properties Real EstateNWMLSMLS# NWM2522396

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.

Source: NWMLS, MLS#: NWM2522396

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Property Type

Land
Lot

4.53 acres

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Jake Bourne
Broker
Coldwell Banker Evergreen Olympic Realty
Direct 360-522-5050

Median Age

32
Population Density

1,784
College Educated

30%
Estimated Median Income

$80,272
Estimated Total Home Owners

12,142
Estimated Total Renters

4,211
Owner / Renter Divide

74% / 26%
Estimated Average Household Size

3
Total Population

51,305
Community data courtesy of LiveBy, Inc.

Owning this Home

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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.

Life at 19608 8th Avenue E

Schools

School data courtesy of LiveBy, Inc.

Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

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