To be built 12 unit apartment building in the heart of the Spokane Valley. Just off the Appleway walking trail with Safeway, Target and so much more just a hop, skip and a jump away. All 12 units are set up as two bedroom and two bathroom units. The permits are pulled and the builder is ready to start as soon as we find a buyer. Skip the holding pattern and costs incurred of awaiting lot development and engineering. This building is ready to go. Or buy just the lot with permit and plans for $600,000. **Photos of Apartment Building are Artist Renderings, Not Exact Building**
Asking Price $3,400,000.00 (SOLD AS-IS , Partially Finished) 70%+/- of buildings and 85%+/- of site work completed per Seller. Buyer to purchase and complete construction, ADD on Value for completed project. Projected completed stabilized estimated value $6,500,000.00+/- Prime for a Builder Contractor Buyer. Seller/Contractor can contract to finish as General Contractor. Estimated expense to finish construction $1.2+/- Million range. Parcel # 35231.1437 Two 3-Story Buildings 24 Total Units (Twelve 2 bed/ 2 bath and Twelve 3 bed/ 2 bath) Building A: Six 2 Bed / 2 Bath Units (876 SF Each) and Six 3 Bed 2 Bath (1,255 SF Each) Building B: Six 2 Bed / 2 Bath Units (876 SF Each) and Six 3 Bed 2 Bath (1,255 SF Each) Lot Size 43,290+/- Square Feet (0.99) Total Building Size 25,572 +/- Square Feet $132.00 Per Square Foot As-Is
Brand New 2-Story Duplex located on a private, dead-end street. Beautiful modern-style units with attached garages. Live in one side and rent the other while before they are all leased up. Or use one unit as an "in-law setup". These units have 3 bed 2.5 bath and 1494sqft. Stainless appliances, hard surface counters and washer/dryers in units. Modern style finishes with Huntwood cabinets and low maintenance LVP flooring. Large primary suite with walk in closet and private bathroom. Landscaping to be completed prior to closing. There is a total of 4 duplexes left available on this street. These are the perfect, low maintenance multi-family units for your investment portfolio.
Modern Duplex Investment Opportunity centrally located in Spokane Valley! This newer, well maintained 2-story duplex features 3 bedrooms, 2.5 baths, & over 1,600 sq ft of well-planned living space in both units. Thoughtfully designed w/ high quality materials, each unit boasts durable LVP flooring, quartz countertops, soft-close cabinets, & SS apps in a spacious open-concept layout. Main floor also includes 1/2 bath, under-stair closet/pantry, & direct access to 2-car garage. Upstairs, primary suite has attached full bath w/ dual sinks & quartz counters + 2 add'l beds, 2nd full bath & laundry. Outside each unit has a private backyard w/ patio & 6 ft vinyl fence. Off street parking in front, central A/C & efficient gas heating. Located on a quiet street in a neighborhood of newer duplexes. Ideal for investors, those seeking to live in one unit while renting the other, or multi-generational families. Gross income of $3,600/month. Virtual tours of each unit available, please do not disturb tenants.
Location, Location, Location! Spacious duplex on a .60-acre lot with highly desirable commercial property potential on Argonne/Mullan Rd. Zoned Corridor Mixed Use (CMU), this property offers endless possibilities! The large, fenced backlot provides room to build up to 8 additional units or explore your next business venture. This well-maintained duplex has numerous updates, including a new PVC roof and appliances. The upstairs unit features two bedrooms, one bath, a new water heater, gas central heat, and an attached 1-car garage. The downstairs unit has one bed and one bath with baseboard heating and plenty of off-street parking. Opportunity knocks—don’t miss out!
Each unit is 1,562 square feet with good sized bedrooms, cathedral ceilings, two fireplaces and many updates including the metal roof, new in 2022 and back decks that were completely rebuilt last year. The nice floor plan includes two bedrooms and one full bath on the main floor. The basement features an additional bedroom, half bath, laundry area and family room. The location is convenient for both the owner and renters. Easy for visual drive bys and convenient to shopping and freeway.
Welcome to this super versatile property in Spokane Valley, featuring both a 2 bed, 1 bath single-family home and a duplex with a pair of 1 bed, 1 bath units. The main home includes an attached garage and an unfinished basement, providing extra storage or the potential for additional living space. The duplex presents an excellent opportunity for rental income or multi-generational living. A detached double garage adds even more functionality. The spacious, flat lot offers ample parking. Whether you're looking for a home with income potential or a pure investment, this property has many possibilities. Don’t miss out on this unique opportunity!
Tons of options to consider with this property. Ground level (1958+/- SF). Multiple rooms that could be bedrooms or office space, large conference/great room area, den/office room, brick fireplace, kitchen, utility room, access to side area - former carport - now used as shop, and stairs to 2nd floor. 2nd floor also has outside access stairs and locking door, as well as 3 bedrooms and 2 baths and ample hall space. Situated on a 1/4 acre, corner lot is xeriscaped on the eastside or can accommodate parking 9 cars. Lot is fenced 6 ft high, garage is 30x24 and could house 3 cars with plenty of storage as well. Also has a lean-to shed on the north side. 5 year old metal roof and exterior could be wrapped in metal also, or paint the T-111. Multiple functional uses and spaces. High daily traffic count - highly visible location. AC lower level, window AC up. Internet, phone and Cat-4 to every room.
2022 Built Duplex conveniently located in the Spokane Valley on a dead-end street. Beautiful modern designed buildings with 3 bedroom, 2 bath and attached 2 car garages each unit. Huntwood cabinets with soft close doors, LVP flooring in the main traffic areas and hard surface counters throughout. Stainless-steel kitchen appliances included as well as washer and dryers in unit. Large primary suite with walk in closet and private bathroom. 7 buildings still available. These low maintenance and stabilized properties are perfect for your investment portfolio whether you are a seasoned investor or just getting started.
Investor's Dream - Triple the Opportunity Uncover a rare investment opportunity in Spokane Valley with this expansive .92-acre lot boasting R-4 Zoning. This property comprises three distinct living quarters: a spacious 1424 sq ft ranch-style home featuring 2 beds and I bath, an intimate 440 sq ft bungalow with I bed and 1 bath, and a massive 40'x70' shop that includes a well-appointed living space with 2 beds and 2 bath. Storage is abundant across two additional spaces, offering a total of 2675 sq ft. Connected to sewer system. Square footage and bedroom counts encompass multiple units on site. Request the Spec Sheet from Associated Docs through your real estate advisor for complete details.
Welcome to this well-maintained duplex located in the heart of Spokane Valley! Each unit boasts 1,421 sq ft of comfortable living space, featuring 3 spacious bedrooms and 2 bathrooms. Recently updated with mini-split AC units and new windows, these units provide enhanced energy efficiency and modern comfort. Enjoy the convenience of an attached 1-car garage for each side, ensuring ample parking and storage. The property is enhanced by a fenced backyard, perfect for outdoor activities or relaxation. Ideally situated close to I-90, bus routes, shopping centers, and a variety of restaurants, this duplex offers easy access to all amenities. With a solid rental history and tenants responsible for sewer and garbage, this property is an excellent investment opportunity.
2 Brand New Duplexes located on a private, dead-end street. Beautiful modern-style units with attached garages. Live in one side and rent the other while before they are all leased up. Or use one unit as an "in-law setup". These are 2-story with 3 bed 2.5 bath and 1494sqft each side. Stainless appliances, hard surface counters and washer/dryers in units. Modern style finishes with Huntwood cabinets and low maintenance LVP flooring. Large primary suite with walk in closet and private bathroom. These are the perfect, low maintenance multi-family units for your investment portfolio. Estimated rents of $2400/mo/door.
2022 Built Duplex conveniently nestled in the Spokane Valley. These are beautiful townhome style with attached 2 car garages each unit. All stainless kitchen appliances included. Washer and dryers in units and included. Modern style finishes with Huntwood cabinets and LVP flooring. Large primary suite with walk in closet and private bathroom. These are the perfect duplexes for your investment portfolio.
Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom. Plenty of off street parking & individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes & single family homes. Don't miss out on this opportunity.
100% Leased, Prime Valley Luxury Townhouses (5-Plex) for sale. Centrally located in the heart of the Spokane Valley and near a variety of amenities. Deluxe oversized units consisting of 3 bedrooms and 3 bathrooms per townhouse with upgraded finishes. This well maintained property is elite for any investor buyer looking to buy a newer investment property and avoid new development expenses. Great Potential AIRBNB.
Spokane Valley is located in Washington. Spokane Valley, Washington has a population of 102,178. Spokane Valley is less family-centric than the surrounding county with 29.37% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Spokane Valley, Washington is $60,079. The median household income for the surrounding county is $64,079 compared to the national median of $69,021. The median age of people living in Spokane Valley is 38 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 19.5 inches per year, with 42.4 inches of snow per year.
