1519 N Bell St , Spokane Valley, WA 99016

$8,975,000
  • 1519 N Bell St , Spokane Valley, WA 99016 Main Photo

34 Photos

New to the Market Active
BEDS0 BATHS0 SQUARE FEET1,500 MLS#26-9260
STATUS PROPERTY TYPEMulti Unit - Multiple SCHOOLCentral Valley - 356

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.

1519 N Bell St | MLS# 26-9260

This multi-family property located at 1519 N Bell St , Spokane Valley, WA 99016 is currently listed for sale with an asking price of $8,975,000. N Bell St is located within the Central Valley - 356 school district. Search Spokane Valley real estate on mdickerson.cbspokane.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air
Garage: 2
Heating: Electric, Forced Air
Lot Size: 39.60 Acres
Roof Type: Composition
Taxes: $8,175
Year Built: 2023

Feature Descriptions

Exterior: T1-11
Foundation: Slab
Foundation: Slab
Lot: Level
Lot Dimensions: 172,498
Road: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Central Valley - 356

Listed By / Shown By

Listed By

Agency Name: LT Real Estate

Shown By

Agent Name: Michelle Dickerson
Agent Phone: (509) 863-8404
Agency Title: Coldwell Banker Tomlinson

IDX logo

Estimate Your Payment

Estimated Payment

$ 23,273.42 per month $19,974.46 Principal & Interest $681.25 Property Tax $2,617.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder