About This Home

This 0-bedroom, 0-bathroom residential multi family at 135 E 1ST Ave in Colville, WA is listed for $989,000 ($118 per sqft). Built in 1909, the home offers 8,400 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1909
  • 0.10 acre lot
  • 4 stories

Property Details

4 stories
1909

Amenities

A/C
Listing Description

Wonderful investment opportunity with this iconic mixed-use masterpiece! Includes 3 total commercial spaces and 4 fully rented residential apartments with a cap rate holding 6% even with under market rents! Recognized for its immense cultural value and iconic period storefront features, this building served for decades as a bustling retail and prof

essional epicenter during Colville's transition into a booming timber, agricultural, and mining hub. Today, it stands upgraded, well maintained, and is ready for its next chapter. Boasting 4 immaculately clean, easy-to-manage apartments that featuring stable, long-term tenants, as well as 3 prime commercial units. The large retail space currently homes RE LEE Shoes which seeks a new owner operator - (Business and inventory for sale separately)

Monthly Cost Estimate

$5,289/mo

20% down · 6.5% · 30 years

Principal$715
Interest$4,286
Insurance$288

Estimates only. Actual payments may vary.

Location

135 E 1ST Ave

Colville, WA 99114

Property Details

Parking

CoveredParking LotOff Street

Heating

Forced AirNatural GasElectric (Heating)Heat Pump (Heating)Baseboard

Cooling

Central AirElectricWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 135 E 1ST Ave is listed at $989,000 ($118/sqft). The estimated monthly payment is $5,289 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1909, 0.10 acre lot, 4 stories.

This property is listed by Alexandra Matthews.

AM

Alexandra Matthews

License 17462

Agent at Ken Barcus Realty

Listed by Ken Barcus Realty · Broker phone: (509) 685-1100 · View on Broker Site · Broker website

MLS# 46336· Source: Northeast Washington Association of Realtor MLS· 70 days on PropertySimple

Copyright © 2026 Northeast Washington Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

135 E 1ST Ave, Colville, WA 99114

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