Listing provided courtesy of Every Door Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM2546792MLS Provider

20106 2nd Avenue ESpanaway, WA 98387

Multi-Family · 1.43 Acres
$549,990 Active

20106 2nd Avenue E Overview

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Investor Opportunity – Mobile Home Community with Significant Upside Potential! Rare chance to acquire a mobile home community consisting of 5 mobile home sites across 3 tax parcels, featuring 4 existing homes in a cul-de-sac, including 1 park-owned home, plus 1 vacant site ready for a new home. The current owner is highly motivated to sell. Tenants have not paid rent in over a year, there are currently no leases in place, and tenants prefer to remain due to the high cost of relocating their homes, creating a unique opportunity for new ownership to restructure operations and improve performance. The property includes 5 septic systems and 2 shared wells and is being sold As-Is, Where-Is. With full flexibility to implement new management, lease structures, rent collections, community improvements, and potential expansion, this property offers substantial value-add potential for experienced investors. A large vacant area provides additional opportunities for a new home, owner occupancy, or future development. Whether your goal is to stabilize and grow the existing community or create a new vision for the property, this is a rare opportunity to purchase and reposition an entire mobile home community with significant upside.

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20106 2nd Avenue E Facts & Features

  • Type Multi-Family
  • Lot 1.43 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Bethel

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Total Expenses: 3131
  • Total Monthly Income: 0
  • Water/Sewer/Garbage: 0

Building Information

  • New Construction: No
  • Year Built: 1978

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 99 - Spanaway
  • Subdivision Name: Spanaway

Tax Information

  • Tax Annual Amount: $3,131.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 0318044037
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Leasable Area: 1200
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 1

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 15
  • Parking Uncovered Total: 15

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 1.43
  • Lot Size Square Feet: 62290
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition, Flat
  • Structure Type: Multi Family

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 0
  • Sewer: Septic Tank

20106 2nd Avenue E Neighborhood

Community

98387 (Spanaway) Demographics

32
Median Age
1,784
Population Density (per sq. mile)
30%
College Educated
$80,272
Estimated Median Income
12,142
Estimated Total Home Owners
4,211
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

20106 2nd Avenue E Monthly Cost

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* 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.

20106 2nd Avenue E Market Data

Based on the last 30 days in this zip code

$545,944
Average List Price
$273
Average Price per Square Foot
52
Properties Sold
78
Average Days on Market
290
Properties for Sale
Calculations provided by Reliance Network

20106 2nd Avenue E History

Date Event Value Agent
6/30/2026Source: NWMLS Added to Database
June 30, 2026
6/25/2026Source: NWMLS Added to Database
June 25, 2026