REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 8,975,000
Est. payment | /mo
1,500 SqFt
$ 8,975,000
Est. payment | /mo
1,500 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $5,983
MLS Listing ID 26-9260
Style Multi Level
HOA Y/N No
Year Built 2023
Annual Tax Amount $8,175
Tax Year 2025
Lot Size 39.600 Acres
Acres 39.6
Lot Dimensions 172,498
Property Sub-Type Multi Family
Source Coeur d'Alene Multiple Listing Service
Property Description
This rare opportunity features a portfolio of 12 recently constructed duplexes in Spokane Valley, offering investors immediate scale, strong in-place income, and minimal deferred maintenance. The portfolio totals 24 spacious 3-bedroom, 2-bathroom units, each designed for long-term tenant appeal and operational efficiency. Units are finished with durable LVP flooring, stainless steel appliances, in-unit laundry, and separate attached garages for each unit, supporting strong tenant retention and consistent leasing performance. The portfolio boasts a proven rental history and is currently 95.5% occupied, generating approximately $56,492 in monthly rental income. This offering provides a turnkey investment with stable cash flow, modern construction, and long-term upside in one of Spokane Valley's most resilient rental markets. Ideal for investors seeking scale, predictability, and low-maintenance assets with strong fundamentals and future growth potential.
Location
State WA
County Spokane
Area Washington Counties
Zoning MFR
Direction GPS is accurate
Rooms
Basement Crawl Space
Interior
Heating Electric, Forced Air
Cooling Central Air
Exterior
Garage Description 2 Car
View None
Roof Type Composition
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Central Valley - 356
Others
Tax ID 55182.2104
Listed by LT Real Estate
NEARBY SCHOOLS & PROPERTIES