For Sale
$185,000

15809 4Th AveSpokane Valley, WA 99037

Four-unit Net Lease Property, $185,000

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional investment opportunity presents a brand-new, four-unit townhouse development situated on a sizable 10,890 square foot lot in the thriving Spokane Valley, Washington. Completed in 2024, this two-story building boasts a total of 3,840 square feet of living space, offering a compelling net lease investment. The property is zoned MFR (Multi-Family Residential), ensuring future flexibility and potential for growth. Conveniently located less than two miles from Interstate 90 and the Spokane Valley Mall, this property enjoys excellent access to major transportation routes and retail amenities. Its proximity to the Appleway Trail provides residents with recreational opportunities, while its location near Central Valley High School adds to its appeal. The property is also within walking distance of various restaurants and retail shops. The seller will provide the buyer with existing plans and permits, streamlining the acquisition process. This is a turnkey investment ready for immediate income generation. The APN is 45242.0641, and the address is 15809 E 4th Ave, Spokane Valley, WA 99037. Don't miss this chance to own a high-yield property in a rapidly expanding market.

Highlights

  • Brand-new, four-unit townhouse development on a 10,890 sq ft lot in Spokane Valley, WA.
  • Completed in 2024, offering 3,840 sq ft of living space with a net lease.
  • MFR zoning allows for future flexibility and growth.
  • Excellent location: less than two miles from I-90 and Spokane Valley Mall.
  • Close to Appleway Trail, Central Valley High School, and local amenities.
  • Turnkey investment with existing plans and permits provided by seller.

Property Details for 15809 4Th Ave

Property type
Land
Square Feet
3,840 SF
Year Built
2024
Buildings
1
Stories
2
Units
4

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.6535718
Longitude
-117.1924169
15809 4Th Ave, Spokane Valley, Washington

FAQs

What type of property is this?
Land - Four-unit Net Lease Property, $185,000
Where is the land located?
The property is located at 15809 4Th Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Brand-new, four-unit townhouse development on a 10,890 sq ft lot in Spokane Valley, WA.; Completed in 2024, offering 3,840 sq ft of living space with a net lease.; MFR zoning allows for future flexibility and growth.
How can I contact the broker?
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15809 4Th Ave
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