1519 Bell

Spokane Valley, WA 99016

$8,975,000

Active

Offered at

$8,975,000

Bedrooms

0

Bathrooms

1,500

Square Feet

1

Story

Your Land

๐Ÿˆ

39.60

acres

That's roughly 30.0 football fields

Like new

2023

Modern finishes, minimal wear

Your story starts here!

The Story

"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."

Heating

Forced Air + Electric

Cooling

Central Air

Located In

Spokane Valley

Spokane

Location

1519 Bell, Spokane Valley, WA

Directions: GPS is accurate

Full Details

-

Bedrooms

-

Bathrooms

1,500

Sq Ft

2023

Year Built

Down Payment20% ($1,795,000)
Interest Rate6.875%
Loan Term
Principal & Interest$47,167
Property Tax$4,712
Insurance$2,618

Estimates only. Actual rates may vary.

Property Insights

Price per Sq Ft

$5,983

Premium location

Property Age

3 years

๐Ÿ  Nearly New โ€” Modern systems and warranties

Building Coverage

0.1%

Spacious grounds

Quick Facts

Property Type
Residential Income
Subtype
Multi Family
Lot Size
39.60 ac
School District
Central Valley - 356
MLS Area
Washington Counties
Basement
No
HOA
No
Taxes
$8,175/yr (2025)
Zoning
MFR
Parcel #
55182.2104
Days on Market
11
MLS #
26-9260

Listing Provided By

LT Real Estate

Ryan Towner

Ready to see this home?

or call (208) 425-7653

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