1519 N Bell St, Spokane Valley, WA 99016

Spokane Valley
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:1 day(s) ago
  • Updated:September 10, 2026 at 08:48 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)
IDX information is provided by the Coeur d’Alene Multiple Listing Service exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data is deemed reliable but is not guaranteed accurate by the MLS

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