Spanaway Homes with 42 - Multi-Family Style

Spanaway Homes with 42 - Multi-Family Style

Spanaway is a charming city located in Pierce County, Washington, United States. Known for its scenic beauty and friendly community, Spanaway offers a desirable living environment for residents of all ages.

One of the notable features of the real estate market in Spanaway is the availability of multi-family style homes. These homes, with 42 units or more, provide an excellent investment opportunity for those looking to generate rental income or accommodate a large extended family.

Multi-family homes offer several advantages over single-family properties. They provide multiple units within the same building, allowing for increased rental income potential. This can be especially beneficial for investors looking to diversify their real estate portfolio. Additionally, multi-family homes often offer shared amenities such as parking spaces, laundry facilities, and outdoor spaces, providing convenience and added value for residents.

Spanaway's multi-family homes come in a variety of styles and sizes, catering to different preferences and needs. Whether you're looking for a duplex, triplex, or a larger apartment complex, you'll find options that suit your requirements.

Investing in multi-family homes in Spanaway can be a wise choice due to the city's growing population and strong rental demand. With its proximity to major cities like Tacoma and Seattle, Spanaway offers residents a peaceful suburban lifestyle while still being within reach of urban amenities and employment opportunities.

If you're considering investing in real estate or looking for a spacious home to accommodate your extended family, exploring the multi-family homes in Spanaway is definitely worth considering.

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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