For Sale206d on market
5118 208th Street E
Spanaway, WA, 98387 • 98387 • Pierce County
$199,950
-$15,050 since Mar 19, 2026
0.22 acLot
Property DNA
Res-Less thn 1 Ac Style
Res-Less thn 1 Ac architecture
Spanaway
98387
Market activity
Demand and pricing signals for this listing
75 views
People checking out this listing
5 saves
Buyers have saved this home
206 days on market
Established listing
About this home
Lot
Remarkable Opportunity with this Single Family Residential or Duplex Building Lot available in Spanaway. Potential for 2 units per lot. 4 total lots available, each listed separately. An amazing opportunity like this does not come often. Water meters are installed, sewer hookup fee has been paid adding an additional $15K value to each lot. Buyer to Verify All Info to their satisfaction.
Estimated monthly payment
Based on current rates
$1,293/month
Principal & Interest$1,027
Property Tax$200
Insurance$67
Down payment20% ($39,990)
3%50%
Est. 6.65% rate · 30yr fixed · $159,960 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
StyleRes-Less thn 1 Ac
Systems
Water / SewerAvailable, On Property / Available
Parking & Outdoor
Lot9,787 sqft
Location & Tax
Neighborhood98387
Parcel4015200234
Features & details
3 categories of property features
Exterior Features
Lot Features
Paved
Utilities
Electricity Connected
Natural Gas Available
Gas
In Street
Listing insights
Market data and value estimates
StatusFor Sale
Days on market206
Tax rate0.88%
On marketSep 12, 2025
PostedSep 12, 2025
MLS statusActive
MLS updatedMar 18, 2026
Tour days6
Views75
Favorites5
How are the schools in Spanaway?
3 schools rated nearby
Location
Spanaway, WA, 98387
Price history
5 events
DateEventPrice$/sqftSource
Mar 19, 2026Price Change$199,950—NWMLS as distributed by MLS GRID
Feb 20, 2026Price Change$215,000—NWMLS as distributed by MLS GRID
Nov 24, 2025Price Change$230,000—NWMLS as distributed by MLS GRID
Oct 16, 2025Price Change$240,000—NWMLS as distributed by MLS GRID
Sep 12, 2025Listed For Sale$250,000—NWMLS as distributed by MLS GRID
Price Change$199,950
Mar 19, 2026•NWMLS as distributed by MLS GRID
Price Change$215,000
Feb 20, 2026•NWMLS as distributed by MLS GRID
Price Change$230,000
Nov 24, 2025•NWMLS as distributed by MLS GRID
Price Change$240,000
Oct 16, 2025•NWMLS as distributed by MLS GRID
Listed For Sale$250,000
Sep 12, 2025•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Spanaway, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
9838798439
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 10:38:40 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. [Click here for more information](/mls-disclaimers/#39)
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