About This Home

This -bedroom, 0-bathroom residential multi family at 1519 N Bell St in Spokane Valley, WA is listed for $8,975,000 ($5,983 per sqft). Built in 2023, the home offers 1,500 sqft of living space on a 39.60 acres lot.

Key Features

  • Built in 2023
  • 39.60 acre lot

Property Details

30 full
2-car garage
2023

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$48,000/mo

20% down · 6.5% · 30 years

Principal$6,491
Interest$38,892
Insurance$2,618

Estimates only. Actual payments may vary.

Location

1519 N Bell St

Spokane Valley, WA 99016

Property Details

Construction

T1-11 Frame

Heating

Forced AirElectric (Heating)

Cooling

Central Air

Questions & Answers

This null-bedroom, 0-bathroom residential multi family at 1519 N Bell St is listed at $8,975,000 ($5,983/sqft). The estimated monthly payment is $48,000 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023, 39.60 acre lot.

This property is listed by Ryan Towner.

RT

Ryan Towner

License 24027253

Agent at LT Real Estate

Listed by LT Real Estate · Broker phone: 5094810373 · View on Broker Site

MLS# 26-9260· Source: Coeur d'Alene Multiple Listing Service· 49 days on PropertySimple

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1519 N Bell St, Spokane Valley, WA 99016

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