1519 N Bell St, Spokane Valley, WA 99016
- $8,975,000
- List Price
- $8,975,000
- Price Change
- ▼ $75,000 1786071805
- MLS#
- 202527734
- Property Sub-Type
- Residential Income
- Current MLS Listing Sale Status
- Active
- Financing Terms
- Cash, Commercial
- City
- Spokane Valley
- Acres
- 3.96
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.
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Additional Information
- Year Built
- 2023
- MLS Area/Grid
- Liberty Lk & E of Flora S of Spo Rvr
- MLS Area/Grid Number
- A112/140
- Parcel Number
- 55182.2104
- School District
- Central Valley
- Home Amenities
- None
- Garage Spaces
- 2
- Basement
- Crawl Space
- Heating/Cooling
- Forced Air
- Roof Style
- Composition
- Frontage
- City Street, Paved Road
- Acres MOL
- 3.96
- Lot Size
- 172,498
- Property Sub-Type
- Residential Income
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Listing courtesy of SARMLS / LT Real Estate
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.