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

000

MLS® 202615194

Overview

Key Facts

Type 
Levels Commercial Sale
Size 42000 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
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" nearly an Acre site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit to be Well Appointed to include Hard Surface Countertops and Laminate Floor Throughout. 85 Parking Spots (with 12 EV Stalls). All Units have washer/dryers and private patios or decks. The Ceilings are 10' and Primary bedrooms have walk-in closets. All Units have mini-splits or PTAC units for heating/cooling. Security Gate is Roughed-in for Parking Lot - Asphalt is starting soon! 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. Approx Completion Date is July 2026. Total Income - $915, 720. Total Annual Expenses - $289, 367. NOI - 626, 352.
MLS® Number202615194
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
BasementNone
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

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

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