1519 Bell, Spokane Valley, WA 99016

$8,975,000
1,500
SqFt

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List Price
$8,975,000
Status
ACTIVE
MLS#
26-9260
Style
Multi Level
Year Built
2023
Acres
39.60
Living Area
1,500
Region
Washington Counties
Subdivision
N/A
Type
Single Family Residential

Property Description

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.

Additional Information

Taxes
$8,175
Lot Features
Level
Heating
Forced Air, Electric
Water
Public
Sewer
Public Sewer
School District
Central Valley - 356

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Listing courtesy of LT Real Estate.