BEDS0
BATHS0
SQUARE FEET1,500
MLS#26-9260
STATUS
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCentral Valley - 356
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air
Garage: 2
Heating: Electric, Forced Air
Lot Size: 39.60 Acres
Roof Type: Composition
Taxes: $8,175
Year Built: 2023
Feature Descriptions
Exterior: T1-11
Foundation: Slab
Foundation: Slab
Lot: Level
Lot Dimensions: 172,498
Road: Paved
Sewer: Public Sewer
Water: Public
Local Schools
School District: Central Valley - 356
Listed By / Shown By
Listed By
Agency Name: LT Real Estate
Shown By
Agent Name: Timothy Esvelt
Agent Phone: (509) 990-8167
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 23,273.42 per month $19,974.46 Principal & Interest $681.25 Property Tax $2,617.71 Homeowner's InsuranceChange Payment Information
©2020 Coldwell Banker Real Estate LLC. All Rights Reserved.
Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. ©2020 of the Spokane Association of REALTORS® MLS. All rights reserved.
Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.
Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. ©2020 of the Spokane Association of REALTORS® MLS. All rights reserved.
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1519 N Bell St | MLS# 26-9260
This multi-family property located at 1519 N Bell St, Spokane Valley, WA 99016 is currently listed for sale with an asking price of $8,975,000. N Bell St is located within the Central Valley - 356 school district. Search Spokane Valley real estate on tesvelt.cbspokane.com today.