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  • $225,000

    118-140 Palmetto Road, Spokane, MO 65754

    --beds
    --baths
    --sqft
    : 
    $1,529/mo
    Get pre-qualified
    Mobile Home Park
    Built in 1980
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional Investment and Development Opportunity in Spokane! Ideally located just off Highway 160, 118-140 Palmetto Road offers tremendous potential for investors, developers, and builders alike. This unique multi-family property currently features three mobile homes, providing an opportunity for existing rental income while offering exciting possibilities for future development. With potential for a county-approved subdivision, the property presents an opportunity to maximize land value and explore additional residential development options, subject to applicable approvals and due diligence. Multiple septic tanks are already in place for hookups, and Liberty Utilities are on site, with city water and power available. The convenient highway access and desirable location add to the property's investment appeal. Whether you're looking to expand your rental portfolio, develop additional residential homes, or capitalize on the potential to subdivide, this versatile property offers a rare combination of existing improvements, utility infrastructure, accessibility, and future possibilities. Bring your vision and unlock the potential of this outstanding investment opportunity!
    23 hours
    63
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    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Reed 417-531-2391,

    Century Realty, SIQ, Inc.

    Source: SOMOMLS as distributed by MLS GRID,MLS#: 60338203MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air, Central
      Cooling
      • Window Unit(s)
      Features
      • Apply To All Units
      • Flooring: Carpet

      Property

      Parking
      • Parking features: Two or More
      Lot
      • Size: 4.37 Acres
      Details
      • Parcel number: 200.613002004003.006
      • Zoning: Unknown

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mobile Home Park
      Materials
      • Roof: Composition
      Condition
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer, Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Separate Meters, Sewer Available

      Community & HOA

      Community
      • Subdivision: N/A
      Location
      • Region: Spokane

      Financial & listing details

      • Annual tax amount: $618
      • Date on market: 11/11/2026
      • Listing terms: Cash,1031 Exchange,Conventional
      • Total actual rent: 700
      • Tenant pays: All Utilities
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/11/2026Listed for sale$225,000
        Source: SOMOMLS as distributed by MLS GRID #60338203 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 65754

        Getting around

        14 / 100
        Car-Dependent
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Highlandville
        • Middle: Spokane
        • High: Spokane

        Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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