All homes

$520,000

Reduced $29,990 — was $549,990

20106 2nd Avenue

Spanaway, WA 98387

Active

Beds

Baths

Sq Ft

Lot

1.43 ac

Year built

1978

Type

Residential Income

Days listed

65

MLS #

2546792

About this home

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.

Exterior features

WoodWood Products

Property details

Heating
None
Cooling
None
Sewer
Septic Tank

Costs

Annual taxes
$3,131 (2026)

Estimate your monthly payment

$2,890/mo

Principal & interest
$2,629
Property taxes
$261
Loan amount $416,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Spanaway, WA 98387

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Every Door Real Estate— Indy Basra.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.

No spam. We'll only reach out about your search.