22416 40th Avenue E, Spanaway, WA 98387
Property image
Property image
SOLD
MAR 4, 2026

$713,000

Last sold price
  • 6 Beds
  • 6 Baths
  • 3,420 sqft (on 0.45 acres)

22416 40th Avenue E, Spanaway, WA 98387

Est. Refi. Payment $4,233/mo*
Refinance Your Home
Currently Off Market - Sold Mar 4, 2026 for $713,000 (2% below list price)

Home Value

Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +192% in the last 10 years
MonthEstimated value
2026
August 2026$713K
July 2026$715K
June 2026$716K
May 2026$714K
March 2026$715K
February 2026$711K
January 2026$708K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
18808 38th Avenue E, Tacoma, WA
2.28
Multi-Family Home
$1,200,000
09/26/25
8
4
3,632
8802 222nd Street E, Graham, WA
3.01
Multi-Family Home
$730,000
05/22/26
6
4
2,926
122 & 124 173rd Street E, Spanaway, WA
4.14
Multi-Family Home
$705,000
05/27/26
6
6
2,782
116 & 118 173rd Street E, Spanaway, WA
4.15
Multi-Family Home
$714,950
05/08/26
6
6
2,782
17003 17009 16th Avenue E, Spanaway, WA
3.74
Multi-Family Home
$603,000
09/02/25
6
2
1,984
16518 16th Avenue Ct E, Spanaway, WA
3.99
Multi-Family Home
$659,000
03/16/26
4
4
1,932
16415 72nd Avenue Ct E, Puyallup, WA
4.31
Multi-Family Home
$600,000
10/17/25
6
4
2,174

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4007 225th Street E, Spanaway, WA 98387
0.05
-
3
1
892
Off Market
3812 225th Street Ct E, Spanaway, WA 98387
0.09
$461,300
3
1
1,320
Off Market
22520 39th Avenue E, Spanaway, WA 98387
0.10
$423,300
3
1
1,005
Off Market
22607 39th Avenue E, Spanaway, WA 98387
0.10
-
3
1
998
Off Market
22517 38th Avenue, Spanaway, WA 98387
0.11
$463,500
3
1.5
1,360
Off Market
22508 38th Avenue E, Spanaway, WA 98387
0.13
-
3
1.5
1,023
Off Market
22609 41st Avenue Ct E, Spanaway, WA 98387
0.16
$500,000
3
2
1,402
Recently Sold
4202 224th Street E, Spanaway, WA 98387
0.18
$524,200
4
2
2,074
Off Market
22202 42nd Avenue E, Spanaway, WA 98387
0.20
-
3
1.5
968
Off Market
22702 40th Avenue E, Spanaway, WA 98387
0.15
$563,500
4
1.5
1,936
Off Market
22711 40th Avenue E, Spanaway, WA 98387
0.17
$505,800
3
1.5
1,740
Off Market

Local Information

  • Map ViewExplore the area around 22416 40th Avenue E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1982
Lot Size
0.45 acres
Living Area
3,420 sqft
Price/Sqft
$208/sqft
Parking
8 Open Spaces
HOA
None

About this House

Don't miss this very well maintained triplex with a Brand New Roof! These townhouse style units are very desirable with updated kitchens and great living space! Two very generous sized bedrooms upstairs and full bath. Tenants love the covered front porch, private back porch and fully fenced back yard. There is an abundance of parking too! The financials are running strong at a 6.78% CAP and plenty of room for 7%+ with market rents. Don't miss the 3D Scan of each unit!
22416 40th Avenue E, Spanaway, WA 98387 is a 6 bedroom, 6 bathroom, 3,420 sqft multi-family built in 1982. It last sold for $713,000 on Mar 4, 2026 (2% below the $725,000 asking price). More recently, it was listed as a rental in July 2015 with an asking price of $895 per month. That rental listing was removed on September 21, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,213/month.
Last check for updates: about 3 hours ago
Listed by Andrew Kramer
Redfin
Joseph Vego
Redfin
Bought with: Brenda Courtade, Berkshire Hathaway HS NW
Source: NWMLS as distributed by MLS GRID, MLS#2451815

Home Details for 22416 40th Avenue E

Active Status

MLS Status: Sold

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Dimensions and Layout
Living Area: 3420 Square Feet
Heating & Cooling
Heating: Baseboard,ElectricNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Company: PSE
Windows, Doors, Floors & Walls
Flooring: Vinyl, Carpet
Levels, Entrance, & Accessibility
Number of Stories: 2Floors: Vinyl, Carpet
View
Has a ViewView: Territorial

Exterior Features

Exterior Home Features
Roof: CompositionFoundation: Poured Concrete
Parking & Garage
Open Parking Spaces: 8No CarportHas Open ParkingParking Spaces: 8Parking: Open
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank, Company: Septic
Farm & Range
Does Not Include Irrigation Water Rights
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 187

Property Information

Year Built
Year Built: 1982Year Renovated: 1995
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex, Multi FamilyStructure Type: TriplexArchitecture: Tri-plex
Building
Construction Materials: Wood Siding
Property Information
Usage of Home: Multi-FamilyParcel Number: 0318136006

Price & Status

Price
List Price: $725,000Price Per Sqft: $208/sqft
Status Change & Dates
Off Market Date: Wed Mar 04 2026Possession Timing: Close Of Escrow

Media

Location

Direction & Address
City: SpanawayCommunity: Spanaway
School Information
Elementary School: Buyer To VerifyJr High / Middle School: Buyer To VerifyHigh School: Buyer To VerifyHigh School District: Bethel

Building

Building Area
Building Area: 3420 Square Feet

Community

Not Senior CommunityUnits in Building: 3

Lot Information

Lot Area: 0.45 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 2451815Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, MLS Keybox, See Remarks

Additional Information

Internet Entire Listing Display YN C

Price and Tax history

DateEventPrice
Mar 4, 2026
Source: NWMLS as distributed by MLS GRID #2451815
Sold
$713,000
Feb 2, 2026
Source: NWMLS as distributed by MLS GRID #2451815
Pending
$725,000
Jan 8, 2026
Source: NWMLS as distributed by MLS GRID #2451815
PendingToActive
$725,000
Jan 8, 2026
Source: NWMLS as distributed by MLS GRID #2451815
Pending
$725,000
Dec 4, 2025
Source: NWMLS as distributed by MLS GRID #2451815
PriceChange
$725,000
Price decreased by 6%

Market trends in Spanaway

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$508K
$5KMoM
Sale-to-List Price
100.0%
Price per sq ft
$293
$1MoM
Available listings
181
5MoM

Around this home

What Locals Say about Spanaway

At least 357 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 84 % Say yards are well-kept

  • 84 % Say parking is easy

  • 75 % Say it's dog friendly

  • 73 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 57 % Say it's quiet

  • 50 % Say neighbors are friendly

  • 45 % Say there's wildlife

  • 42 % Say there are sidewalks

  • 37 % Say it's walkable to grocery stores

  • 37 % Say people would walk alone at night

  • 35 % Say they plan to stay for at least 5 years

  • 25 % Say streets are well-lit

  • 22 % Say it's walkable to restaurants

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Leroyora Fennell
    "It’s a nice neighborhood with friendly neighborhood people and good food . I love the school district "
    0
    Flag
  • Crstlk23
    "I have lived here for 3 years and there has been no neighborhood events. Most people keep to themselves in my neighborhood. "
    0
    Flag
  • Crstlk23
    "No majors issues in the 3 years at my house but crime does happen. We have had packages missing from our front porch. Doesn’t feel like a tight knit community either. "
    0
    Flag
  • Soldierboi077
    "I lived here for about a year and the people are quite friendly. It’s very peaceful and beautiful place to live."
    1
    Flag
  • Thi W.
    "Close to everything, shopping and a park. Quiet in my area, convenient access to the military bases. Love the variety of shopping centers and also close to freeway access’s. "
    6
    Flag
  • Charline S.
    "Great commute love it really fast and efficient you know. Friendly place and pets allowed at lots of places. "
    1
    Flag
  • Chelsea M. L.
    "Pick up after your dogs and don’t leave turds on the sidewalk or neighbors yards. They might poop on your doorstep as karma."
    1
    Flag
  • Nicole N.
    "I've raised my 15yr old daughter in this home. I no longer live here but visit my mother often. When I lived here it was a Great neighborhood. It's actually not that bad, there are just a few unneighborly people 😬 living in the area. They come & go, but most people living here have been here @ least 10yrs. Which is Great 😀, like a family on our block. Kids went to school together, and still have a close relationship with the neighbors till this day!!! 😁💖🏘️"
    1
    Flag
  • Tempest S.
    "Dog owners would like that there are large dog runs with doggie bins & bags. Dog owners would not like that some people don't pick up after their dogs. "
    0
    Flag
  • Amy L.
    "They wouldn't like all the loose dogs running around all year round. And owners let their dogs bark at all hours of the night. "
    0
    Flag
  • Joseph W.
    "I’ve only seen a couple loose dogs maybe 2 times since I’ve lived here , that’s almost 2.5 years. I’d say if there’s non running around it’s a good sign. If there are dogs loose running around that’s not good. But not here in Spanaway."
    1
    Flag
  • Soldierboi077
    "Dogs have to be on a leash and are welcome in the neighborhood. There isn’t anything I have noticed that Dog owners wouldn’t like."
    1
    Flag
  • Lekeisha A.
    "plenty of yard for dogs to run and play. close to major grocery stores and entertainment. great neighbors "
    0
    Flag
  • Lysamarquardt
    "I’ve lived in my home for 20 years, and put two sons through school here. Many very positive changes have taken place in that time. Expanded roads, beautiful homes built where dilapidated ones once stood, new schools built, new businesses opened to service the community. "
    0
    Flag
  • Jeg1988-jess
    "Good commute easy to get to highway 7. Short drive to 512 highway. Just outside military road, so good for JBLM commuting."
    1
    Flag
  • Gmanibusan26
    "It’s close to everything. From shopping to freeways to the country. It’s peaceful and neighbors are nice and friendly."
    0
    Flag
  • Silviasegato
    "That somebody actually care about our safety , homeless people everywhere . Trash all Over the place . No police around the neighborhood "
    2
    Flag
  • Andrea E.
    "every area has it's good and bad parts just research the area & always be aware of what's going on around you. and dont be quick to judge anybody until u kno their story. not all homeless are addicts. "
    4
    Flag
  • Myra G.
    "Great community and work is not far from current address . There are good companies near by with good benefits."
    0
    Flag
  • Douglas W.
    "I’ve lived here my whole life, it’s gotten worse over the years and now there building more houses everywhere ! Schools are getting crowded. It’s sad "
    0
    Flag
  • Jsmomo2
    "its growth an how fast it keeps growing. nice to see. neighbors can be friendly, mostly military. lots of kids, an play areas in every neighborhood. "
    0
    Flag
  • Lekeisha A.
    "I've lived here for 15 years neighbors look out for each other, it's a rural incorporated area gives me the somewhat counrty living without being in the actual country. "
    0
    Flag
  • Beverly M.
    "it’s a pretty good community, nothing really to complain about. There are a few things that may be cons which are Small yards, may not be fenced off completely, and you can hear other dogs barking in the neighborhood."
    0
    Flag
  • Dwinkey46
    "I’ve lived here for 14yrs and have enjoyed. It’s safe and kids have playgrounds in each community to enjoy themselves."
    2
    Flag
  • leatiota684
    "Pros More sidewalks Close parks Lots of grass space Lots of other dog owners Cons Lotta traffic Close to fire stations"
    0
    Flag
  • Chelsea D.
    "Every fast food place, pharmacy, grocery store, & gas stations are close by, Pacific Avenue is very popular and has a heavy flow of traffic"
    0
    Flag
  • Paul C.
    "it's a friendly neighborhood and say hello in passing but not like anyone plans or even socialize outside the introduction and casual chat in passings. "
    0
    Flag
  • Cyril L.
    "Light traffic in the morning. In the evening traffic will pick up. The Walmart is where you will have most of the traffic"
    0
    Flag
  • Mintie S.
    "we would have luaus whole nine yards piging the ground potluc my neighborhood is special because I was raised here and I love itk"
    0
    Flag
  • Kirstin H.
    "Good pretty nice commute the main road humans easily accessible and a live on a main highway For getting to work is usually pretty good traffic can get pretty Brad though"
    0
    Flag
  • Amandashaf13
    "Pretty quiet neighborhood. Walmart, Starbucks, and denny's are close by. Close bus stops but far from light rail or target."
    0
    Flag
  • shelly s
    "everyone is friendly, we have alot of parks, small events like fairs, parades etc., neighbors help out when it snows clearing sidewalks driveways for the ones that can't. we have neighborhood watch."
    0
    Flag
  • Gio S.
    "Good neighborhood for young families. Many green areas, in addition, the area is growing with town centers within minutes of neighborhood. "
    0
    Flag
  • Katheryn V.
    "This area seems safe and we all look out for each other We have community meetings and face book groups to kinda do watches and communicate if we see strange things"
    0
    Flag
  • Virhenny C.
    "That their kids are safe inside and outside the house! Safe to walk around the neighborhood without any trouble. It is also important for a parent to know how to protect their child like make sure they don’t run off to the road if they are playing outside"
    0
    Flag
  • Melissa S.
    "It's a very quiet neighborhood and most people take care of their property. My neighborhood doesn't have through traffic since there is one way in and the same way out. "
    0
    Flag
  • Shannon B.
    "sometimes there is gun fire in the neighborhood and we all post on the spanaway blitzer and look out for each other"
    0
    Flag
  • Janelle H.
    "Its pretty easy to get around. Food and coffee is close by. So are the schools. I’ve lived in the area for over 25 years. Overall it’s a good community. The district needs to pass bonds to keep up with the people moving into the area but other than that I’ve enjoyed my time here "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-27 14:59:38 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information

Frequently asked questions about 22416 40th Avenue E

  • What is the price history for 22416 40th Avenue E?
    22416 40th Avenue E in Spanaway, WA last sold for $713,000 in March 2026.
  • Is Spanaway a buyer's or seller's market?
    Spanaway is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Spanaway?
    The median sale price in Spanaway is $508K. That is up $5K from the prior month.
  • What do residents say about Spanaway?
    Residents describe Spanaway, WA as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Spanaway, WA.
  • Does 22416 40th Avenue E have parking?
    Yes, 22416 40th Avenue E in Spanaway, WA has on-site parking.
  • Is there a virtual tour of 22416 40th Avenue E?
    Yes, a virtual tour of 22416 40th Avenue E in Spanaway, WA is available.

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