101 West 4th Avenue

Metaline Falls, WA 99153

$3,200,000
Price
—
Beds
3
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Your rare opportunity to own a 57 unit, five story apartment building! Property has 29 one bedroom, 18 studio and 10 two bedroom units, all with single bathrooms, and full basement with community laundry, bathrooms, and rec area. All floors accessible by elevator, and each unit has the opportunity to be individually metered. Each room is serviced by electric heat, and newer vinyl thermo pane windows have been installed throughout the building. The units are very spacious, clean and well maintained....Your rare opportunity to own a 57 unit, five story apartment building! Property has 29 one bedroom, 18 studio and 10 two bedroom units, all with single bathrooms, and full basement with community laundry, bathrooms, and rec area. All floors accessible by elevator, and each unit has the opportunity to be individually metered. Each room is serviced by electric heat, and newer vinyl thermo pane windows have been installed throughout the building. The units are very spacious, clean and well maintained. The building is a concrete and brick structure that was originally started in 1929 as two levels, and the additional top 3 levels were added in the early 1950's. Property currently has over a 7.3% cap rate, with a projected 8%+ cap rate in 2024! The building is serviced by the local PUD utility.
  1. Listed by Colton Vining • C-21 Kelly Davis

Property Details for 101 West 4th Avenue

Parking Features
Off Site
Architectural Style
Other
LISTING UPDATED: 11/08/2024 11:16 AM

Property Details for 101 West 4th Avenue

StatusActive
MLS #202416427
Days on Market187
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1953
Lot Size0.32 AC / 13,939 SF
CountyPend Oreille County

Building Information for 101 West 4th Avenue

Building/Complex101 W 4th AveFloor-Stories-Residences57Pet Policy-Year Built1953Building Size-Lot Size0.32 AC / 13,939 SF

Property Information for 101 West 4th Avenue

Summary
Location and General Information
  • County Or Parish: Pend Oreille
  • Longitude: -117.37
  • Directions: From Ione, continue North on HWY 31 to the town of Metaline Falls. Take a right on N Grandview Ave and property will be up the hill on the right
  • Class: Rental Income
  • Latitude: 48.86
Taxes and HOA
  • Parcel Number: 433921510002
Property
Lot Information
  • Lot Features: Level, Corner Lot, Irregular Lot
  • Lot Size Acres: 0.32
  • Lot Size Square Feet: 13939.0
Property and Assessments
  • Construction Materials: Brick
  • FIPS: 53051
  • Year Built: 1953
  • First Photo Additional Detail: 2024-05-16T18:28:58.9
Interior and Exterior Features
Exterior Features
  • Association Amenities: Laundry, See Remarks
  • Area: A943/182
  • Structure Type: See Remarks
  • Road Frontage Type: City Street, Paved Road
  • Roof: Flat
  • View: City
Interior Features
  • Heating: Electric
  • Basement: Finished, Rec/Family Area, See Remarks
Room Information
Family Room
  • Family/Recreation Room: Bsmt
Unit Information
Unit Information
  • Number Of Units Total: 57
Unit 1
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit A
  • Units Total: 29
Unit 2
  • Baths Total: 1
  • Beds Total: 0
  • Type: Unit B
  • Units Total: 18
Unit 3
  • Baths Total: 1
  • Beds Total: 2
  • Type: Unit C
  • Units Total: 10

Property History for 101 West 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 101 West 4th Avenue

This home is within Selkirk School District.
Rating
School
Type
Grades
Distance
Selkirk Elementary School
Public - PK to 5
Selkirk Middle School
Public - 6 to 8
Selkirk High School
Public - 9 to 12
Rating
School
Distance
Selkirk Elementary School
PublicPK to 5

Selkirk Middle School
Public6 to 8

Selkirk High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 101 West 4th Avenue, Metaline Falls, WA 99153

101 West 4th Avenue is a multi-family home for sale in Metaline Falls, WA 99153. This property was listed for sale on May 14, 2024 by C-21 Kelly Davis, it's currently listed at $3,200,000. This listing's school district is Selkirk School District. Nearby schools include Selkirk Elementary School, Selkirk Middle School and Selkirk High School. 101 West 4th Avenue is a 0-bed, 3-bath, multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C-21 Kelly Davis

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