22518 40th Ave E, Spanaway, WA 98387
OFF MARKET

$568,200

Trulia Estimate
  • 6 Beds
  • 2.5 Baths
  • 2,444 sqft (on 0.50 acres)

22518 40th Ave E, Spanaway, WA 98387

Est. Refi. Payment $3,371/mo*
Refinance Your Home
Currently Off Market - Sold May 30, 1997 for $109,950

Home Value

Trulia Estimate
$568K
Since last month
Decreased$8K (-1.4%)
Since last year
Decreased$15K (-2.6%)
Since last sale
Increased$456K (+414.9%)
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 +107% in the last 10 years
MonthEstimated value
2026
August 2026$566K
July 2026$574K
June 2026$579K
May 2026$576K
April 2026$573K
March 2026$570K
February 2026$564K
January 2026$554K
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
2502 To 2504 218th St E, Ave, WA
0.98
Multi-Family Home
$1,325,000
09/02/25
8
5
4,225
8802 222nd St E #8804, Graham, WA
3.02
Multi-Family Home
$730,000
05/22/26
6
4
2,926
16516 To 16518 16th Avenue Ct E, Graham, WA
4.05
Multi-Family Home
$659,000
03/16/26
4
2
1,932
111 175th St S #113, Spanaway, WA
4.16
Multi-Family Home
$575,000
11/05/25
4
2
1,880
Home facts updated by county records

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
0.06
$368,900
3
1
892
Off Market
22416 40th Avenue E, Spanaway, WA 98387
0.06
$713,000
6
6
3,420
Recently Sold
22607 39th Avenue E, Spanaway, WA 98387
0.05
-
3
1
998
Off Market
22520 39th Avenue E, Spanaway, WA 98387
0.06
$423,300
3
1
1,005
Off Market
3812 225th Street Ct E, Spanaway, WA 98387
0.07
$461,300
3
1
1,320
Off Market
22517 38th Avenue, Spanaway, WA 98387
0.08
$463,500
3
1.5
1,360
Off Market
22702 40th Avenue E, Spanaway, WA 98387
0.08
$563,500
4
1.5
1,936
Off Market
22609 41st Avenue Ct E, Spanaway, WA 98387
0.14
$500,000
3
2
1,402
Recently Sold
22711 40th Avenue E, Spanaway, WA 98387
0.12
$505,800
3
1.5
1,740
Off Market
22508 38th Avenue E, Spanaway, WA 98387
0.13
$439,300
3
1.5
1,023
Off Market
22711 41st Avenue Ct E, Spanaway, WA 98387
0.16
$418,600
3
1
1,102
Off Market
4202 224th Street E, Spanaway, WA 98387
0.20
$524,200
4
2
2,074
Off Market

Local Information

  • Map ViewExplore the area around 22518 40th Ave E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1970
Lot Size
0.5 acres
Living Area
2,444 sqft
Price/Sqft
$232
Parking
Garage

About this House

This multi-family home is located at 22518 40th Ave E, Spanaway, WA. 22518 40th Ave E is in Spanaway, WA and in ZIP code 98387. This property has 6 bedrooms, 3 bathrooms and approximately 2,444 sqft of floor space. This property has a lot size of 0.50 acres and was built in 1970.
22518 40th Ave E, Spanaway, WA 98387 is a 6 bedroom, 3 bathroom, 2,444 sqft multi-family built in 1970. It last sold for $109,950 on May 30, 1997. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $568,200, with a rent estimate of $1,840/month.

Home Details for 22518 40th Ave E

Interior Features

Interior Details
BasementAdditional StorageNumber of Rooms: 9Types of Rooms: Breakfast Nook, Dining Room, Pantry, WorkshopStorageCeiling Fan
Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Laminate
Appliances & Utilities
Cable ReadyDishwasherMicrowaveRefrigerator
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: WoodLawnPatioPorch
Parking & Garage
GarageParking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1970Year Updated: 1977
Property Type / Style
Property Type: Multi FamilyArchitecture: Ranch / Rambler

Community

Units in Building: 2

Lot Information

Lot Area: 0.50 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
May 30, 1997
Source: N/A
Sold
$109,950

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

Frequently asked questions about 22518 40th Ave E

  • What is 22518 40th Ave E estimated to be worth?
    Trulia's estimated value for 22518 40th Ave E in Spanaway, WA is $568,200.
  • What is the price history for 22518 40th Ave E?
    22518 40th Ave E in Spanaway, WA last sold for $109,950 in May 1997.
  • 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.

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