Map
Listed price in listed location currency (USD).
$10,850,000

000

MLS® 202615194

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 42000 sqft
Garage 
Taxes 
Days Active 79
Lot Size 0.95 Acres
Approx. Age 2026
Avg. Price Per Sqft $258
MLS® Number 202615194

Property Address: 11802 E Main Ave, Spokane Valley, WA, 99206-6478

Average square foot calculated using Size range provided by listing agent.

Description

New Construction "42 Unit - Mason Apartment Complex" on nearly an Acre Site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit will be well appointed to include Hard Surface Countertops, Laminate Flooring, 10’ Ceilings and Primary Bedrooms have Walk-in Closets. All Units have Mini-splits or PTAC units for Heating & Cooling, full appliance packages including washer and dryer, and each unit also has a Private Patio or Deck. There are 85 Parking Spots (with 12 EV Stalls) and the Security Gate is Roughed-in for the Parking Lot – Asphalt is done and parking lines painted! RENT STUDY - 1 Bed/1 Bath Units (6 total) at $1, 350.00 each and 2 Bed/2 Bath (36 total) at $1, 825.00 each for a monthly estimate of $73, 800.00. Annual Total Income - $885, 600.00. Total Annual Expenses (estimated) are $243, 008.00 and the NOI - $624, 879.00. Approximate Completion Date is July 2026.
MLS® Number202615194
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
BasementNone
Driveway
Garage Spaces
HeatSee Remarks
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 10, 2026List Date
$10,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
11802 E Main Ave, Spokane Valley, WA

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