Turnkey tri-plex investment opportunity in the heart of Conconully! Situated on a corner lot along the creek, this fully updated multi-family property offers approximately 4,500 rentable square feet across three units: two spacious 3-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. All units feature updated interiors, laminate, vinyl, and carpet flooring, forced-air heat, central A/C, and include range/oven, refrigerator, and washer/dryer. The property has a strong rental history with full occupancy for several years and is currently vacant to facilitate showings and sale. Residents enjoy shared coin-op laundry, separate entrances, off-street and RV parking, a large deck, rooftop deck, patio, partial fencing, cable availability, and beautiful creek frontage with city, mountain, and territorial views. Connected to city sewer with individual well water and PUD power. Conveniently located within walking distance of downtown amenities and surrounded by Conconully's renowned lakes, mountains, and year-round recreation. An excellent opportunity for investors seeking immediate rental potential and long-term value.
Active
Listed by: Pine Street Realty • Timothy Gilreath • 208-819-3653
$399,000
117 E Lake Street, Conconully, WA 98819
8beds
3baths
2,974sqft
Triplex, Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$134/sqft
$-- HOA
What's special
Off-street and rv parkingFully updated multi-family propertyRooftop deckShared coin-op laundrySeparate entrancesForced-air heatLarge deck
- --
- on Zillow
- 138
- views
- 8
- saves
Zillow last checked:
Listing updated:
Listed by:
Timothy Gilreath 208-819-3653 timgcda@gmail.com,
Pine Street Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2456544
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Heating
- Forced Air, Electric
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,974
- Total interior livable area: 2,974 sqft
Property
Parking
- Parking features: RV Parking
Features
- Has view: Yes
- View description: City, Mountain(s), Territorial
- Waterfront features: Creek
Lot
- Size: 7,840 Square Feet
- Features: Corner Lot, Curbs, Paved, Cable TV, Deck, Fenced-Partially, Patio, Rooftop Deck, RV Parking
Details
- Parcel number: 0510351600
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Year built: 1981
Utilities & green energy
- Electric: Company: PUD
- Sewer: Sewer Connected, Company: City
- Water: Individual Well, Company: Individual Well
Community & HOA
Community
- Subdivision: Conconully
Location
- Region: Conconully
Financial & listing details
- Price per square foot: $134/sqft
- Tax assessed value: $314,400
- Annual tax amount: $2,700
- Date on market: 11/24/2025
- Listing terms: Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $399,000-3.9%$134/sqft |
Source: | ||
| 11/24/2025 | Listed for sale | $415,000+240.2%$140/sqft |
Source: | ||
| 10/4/1996 | Sold | $122,000$41/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,699 +50% | $314,400 +48.9% |
| 2023 | $1,800 -4.7% | $211,100 +30.8% |
| 2022 | $1,889 +6.2% | $161,400 |
| 2021 | $1,779 +6.4% | $161,400 |
| 2020 | $1,671 +3% | $161,400 |
| 2019 | $1,623 | $161,400 +10.5% |
| 2018 | $1,623 +5.3% | $146,100 |
| 2017 | $1,541 -13.6% | $146,100 |
| 2016 | $1,784 +10.8% | $146,100 |
| 2015 | $1,611 +1.4% | $146,100 |
| 2013 | $1,588 | $146,100 +0.5% |
| 2011 | -- | $145,400 |
| 2010 | -- | $145,400 |
| 2009 | $1,407 | $145,400 |
Find assessor info on the county website
Monthly payment
Est. payment







