701 South Felts Road

Spokane, WA 99206

$2,595,000
Price
3
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. The modern design features many upgrades including stainless appliance package, durable LVP flooring, and granite counters throughout. One unit is fully furnished and grossing $3300/mo as an Airbnb. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential.BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. The modern design features many upgrades including stainless appliance package, durable LVP flooring, and granite counters throughout. One unit is fully furnished and grossing $3300/mo as an Airbnb. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential.
  1. Listed by Seth Maefsky • Keller Williams Realty Coeur d

Property Details for 701 South Felts Road

Parking Features
Attached, Garage Door Opener, Off Site
Architectural Style
Contemporary
LISTING UPDATED: 11/02/2024 08:01 AM

Property Details for 701 South Felts Road

StatusActive
MLS #202424671
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built2023
Lot Size0.66 AC / 28,677 SF
CountySpokane County

Building Information for 701 South Felts Road

Building/Complex701 S Felts RdFloor-Stories2Residences7Pet Policy-Year Built2023Building Size-Lot Size0.66 AC / 28,677 SF

Property Information for 701 South Felts Road

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.27
  • Directions: From I-90 go south on Argonne Rd, left on 8th Ave, left on Felts. Property is on the right, there is no sign.
  • Class: Rental Income
  • Latitude: 47.65
Taxes and HOA
  • Parcel Number: 45201.1326
Parking
  • Garage Spaces: 10.00
Virtual Tour
School Information
  • Middle Or Junior School: North Pines
Property
Lot Information
  • Lot Features: Fenced Yard, Sprinkler - Automatic, Level
  • Lot Size Acres: 0.66
  • Lot Size Square Feet: 28677.0
  • Lot Size Length: 145
  • Lot Size Width: 198
Property and Assessments
  • Construction Materials: Hardboard Siding, Fiber Cement
  • 1031 Exchange: No
  • FIPS: 53063
  • Year Built: 2023
  • First Photo Additional Detail: 2024-10-22T19:54:50.4
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Cable TV, Patio, High Speed Internet, None
  • Area: A110/076
  • Structure Type: Two Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
Interior Features
  • Heating: Gas Hot Air Furnace, Forced Air, Hi Eff Furn (>90%)
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Pantry, Kit Island, Washer, Dryer, Hard Surface Counters
  • Basement: Slab
  • Stories: 2
  • Interior Features: Windows Vinyl
Room Information
Dining Room
  • Dining Room: Informal,Eat Bar
Unit Information
Unit Information
  • Number Of Units Total: 7
Unit 1
  • Approx Square Feet: 1455
  • Baths Total: 3
  • Beds Total: 3
  • Type: Unit A
  • Units Total: 7
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 701 South Felts Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 701 South Felts Road

Taxable ValueLand$78,000Additions$366,500Total$444,500
Tax Record2022$5,233 ($436 / month)
Home Facts
Baths5Total Finished SqFt4,176 SqFtAbove Grade Finished SqFt4,176 SqFtStories2Lot Size28,677 SqFtStyleMulti-Family Dwelling (2-4)Year Built1926CountySPOKANEAPN45201.1326Fireplace TypeHas Fireplace

Schools near 701 South Felts Road

This home is within Central Valley School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Opportunity Elementary School
PublicPK to 5

North Pines Middle School
Public6 to 8

University High School
Public9 to 12

Stem Academy at SVT
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.

Similar Homes

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701 South Felts Road is a multi-family home for sale in Spokane, WA 99206. This property was listed for sale on October 22, 2024 by Keller Williams Realty Coeur d, it's currently listed at $2,595,000. It has been on the market for a total of 31 days and was last sold on July 28, 2021. This listing's school district is Central Valley School District. Nearby schools include Opportunity Elementary School, North Pines Middle School and University High School. 701 South Felts Road is a 3-bed, 2-bath, multi-family home built in 2023.

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 Keller Williams Realty Coeur d

The information is being provided by Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Coeur d’Alene Multiple Listing Service and Spokane Association of REALTORS. All Rights Reserved.