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$1,100,000
Joey Costello
Windermere North Spokane
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About This Home
Valley Place Apartments conveniently located in the heart of the Spokane Valley. 6 units with 2 bedrooms and 2 bathrooms each. Each unit has on-site parking plus 6 garages that can be separately leased out. Just off the Appleway trail. Quick access to the freeway with a straight shot down Pines for the commuters and a few blocks off of Sprague for convenient shopping. This is a value-add opportunity property with the ability to increase rents, collect utilities and charge separately for garages to increase cash flow and income.
Sale Summary
Sold Price
$1,100,000
List Price
$1,100,000
Sale vs List
+0%
Close Date
May 29, 2025
Financing
Cash
Buyer's Agent
Lorrie Burnworth
Property Details
Property Type
Rental
Year Built
1995
County
Spokane
Lot Size
0.34 acres
Living Area
5,754 sqft
Price / Sqft
$191
Garage
6-car
Total Parking
6 spaces
Schools
Elementary: Central Valley, Middle: North Pines, High: University
Days to Sell
50 days
MLS #
SAR202514630
Parcel #
45222.0663
Annual Taxes
$10,623
Total Building Area
5,754 sqft
MLS Area
A110/078
MLS Class
Rental Income
Listing Terms
Conventional, Cash
Road Frontage
City Street, Paved Road
MLS Status
Sold
Listed On
Apr 8, 2025
Went Pending
Apr 15, 2025
Status Changed
Jun 2, 2025
Last MLS Update
Jun 2, 2025
MLS Branch
178
School Information
Elementary
Central Valley
Middle School
North Pines
High School
University
Home Features & Details
Construction
Structure Type
Roof
Basement
Heating
Cooling
Parking
Listed By
Steve Jones
Windermere Valley
Joey Costello
Windermere North Spokane
Tour for free, no strings attached
Make a winning offer with the help of a local expert
Estimated Monthly Payment
$5,958/mo
Estimated at 6.5% APR, 30-year fixed. For informational purposes only.
Property Highlights
Location
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