For Sale
$765,000

17121 Boone AveSpokane Valley, WA 99016

2-Unit, 2022 Built, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 2-unit apartment building, constructed in 2022, presents a compelling investment opportunity in the desirable Spokane Valley, WA. Located at 17121 E Boone Ave, 99016, this property boasts a total of 3,016 square feet and offers a strong 4.78% capitalization rate with a Net Operating Income (NOI) of $36,594. Each unit is a beautifully appointed townhome-style residence featuring attached two-car garages, adding significant value and appeal to potential tenants. Modern finishes throughout include Huntwood cabinets and luxury vinyl plank (LVP) flooring, creating a sophisticated and desirable living space. The kitchens are equipped with stainless steel appliances, and each unit includes a washer and dryer for added convenience. A spacious primary suite in each unit provides a private retreat, complete with a walk-in closet and private bathroom. This property is ideally suited for investors seeking a high-return, low-maintenance investment in a thriving Spokane Valley location. The asking price is $765,000. This turnkey investment is ready for immediate income generation. Don't miss this chance to add a high-performing asset to your portfolio.

Highlights

  • $765,000 asking price for this Spokane Valley, WA duplex.
  • Multifamily investment property with a 4.78% cap rate.
  • 3,016 square feet, generating a $36,594 Net Operating Income (NOI).
  • Two-unit apartment building, built in 2022.
  • Located at 17121 E Boone Ave, Spokane Valley, WA 99016.

Property Details for 17121 Boone Ave

Property type
Apartment buildings
Square Feet
3,016 SF
Year Built
2022
Units
2

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.668246
Longitude
-117.173912
17121 Boone Ave, Spokane Valley, Washington

FAQs

What type of property is this?
Apartment building - 2-Unit, 2022 Built, High ROI
Where is the apartment building located?
The property is located at 17121 Boone Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: $765,000 asking price for this Spokane Valley, WA duplex.; Multifamily investment property with a 4.78% cap rate.; 3,016 square feet, generating a $36,594 Net Operating Income (NOI).
How can I contact the broker?
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17121 Boone Ave
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