1519 N Bell St, Spokane Valley, WA 99016
Local realty services provided by:ERA Shelman Realty
1519 N Bell St,Spokane Valley, WA 99016
$8,975,000
- - Beds
- - Baths
- 1,500 sq. ft.
- Multi-family
- Active
Listed by: ryan towner
Office: lt real estate
MLS#:26-9260
Source:ID_CDAR
Price summary
- Price:$8,975,000
- Price per sq. ft.:$5,983.33
About this home
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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Home facts
- Year built:2023
- Subdivision & Development:N/A
- Listing ID #:26-9260
- Added:39 day(s) ago
- Updated:October 20, 2026 at 03:39 PM
Rooms and interior
- Basement:Yes
- Basement Description:Crawl Space
- Living area:1,500 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2023
- Building area:1,500 sq. ft.
- Lot area:39.6 Acres
- Lot Features:Level
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$8,975,000
- Price per sq. ft.:$5,983.33
- Tax amount:$8,175 (2025)
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