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Listed by Ryan Towner • LT Real Estate
$10,500,000
Est. payment /mo
3.96 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202527734
Year Built 2023
Lot Size 3.960 Acres
Lot Dimensions 3.96
Property Sub-Type Residential Income
Property Description
This rare opportunity features a portfolio of 14 recently constructed duplexes in Spokane Valley, offering investors immediate scale, strong in-place income, and minimal deferred maintenance. The portfolio totals 28 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 $50,790 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
Rooms
Basement Crawl Space
Interior
Heating Forced Air
Cooling Central Air
Exterior
Parking Features Attached
Garage Spaces 2.0
Amenities Available None
View Y/N true
Roof Type Composition
Building
Structure Type Masonite
Schools
School District Central Valley
Others
Acceptable Financing Cash, Commercial
Listing Terms Cash, Commercial
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